451 5th St Toledo, OH 43605
East Toledo NeighborhoodEstimated payment $673/month
Highlights
- Newly Remodeled
- Wood Siding
- Radiant Heating System
About This Home
Fully occupied and cash-flowing, 1,758 sq. ft. TURNKEY Triplex, generating $1,875/month. Upper unit fully renovated in 2025, lower units have partial updates [flooring, kitchens, and bathrooms] offer value-add potential. The main roof over the upper unit replaced in Summer 2024. Three separate electric meters; electric heating. Two of the three tenants pay 33% of the water bill, Third long-term tenant exempt. Work to be done: 1/2 of exterior siding, porch roof. Low overhead investment offers immediate income, stable tenancy, and long-term upside—perfect for both new and seasoned investors.
Listing Agent
Keyana Grace
Howard Hanna Listed on: 09/19/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1879 | Newly Remodeled
Lot Details
- 3,485 Sq Ft Lot
Home Design
- Shingle Roof
- Wood Siding
- Aluminum Siding
- Steel Siding
Interior Spaces
- 2-Story Property
- Partial Basement
Schools
- Navarre Elementary School
- Waite High School
Utilities
- No Cooling
- Radiant Heating System
- Water Heater
Listing and Financial Details
- The owner pays for exterior maintenance, repairs, sewer, trash collection
- Assessor Parcel Number 17-02275
Community Details
Overview
- 3 Units
Pet Policy
- Pets allowed on a case-by-case basis
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $107,900 | +217.4% | -- | |
| 11/18/2024 11/18/24 | Sold | $34,000 | -53.4% | $19 / Sq Ft | View Prior Sale |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- | |
| 09/19/2024 09/19/24 | Price Changed | $72,888 | -7.6% | $41 / Sq Ft | |
| 08/17/2024 08/17/24 | For Sale | $78,888 | +886.1% | $45 / Sq Ft | |
| 01/01/2021 01/01/21 | Sold | $8,000 | 0.0% | $5 / Sq Ft | View Prior Sale |
| 10/14/2020 10/14/20 | Pending | -- | -- | -- | |
| 10/07/2020 10/07/20 | For Sale | $8,000 | 0.0% | $5 / Sq Ft | |
| 10/01/2020 10/01/20 | Pending | -- | -- | -- | |
| 09/18/2020 09/18/20 | Price Changed | $8,000 | -38.5% | $5 / Sq Ft | |
| 09/11/2020 09/11/20 | Price Changed | $13,000 | -13.3% | $7 / Sq Ft | |
| 08/14/2020 08/14/20 | For Sale | $15,000 | -- | $9 / Sq Ft |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 6135976
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