451 5th St Toledo, OH 43605
East Toledo NeighborhoodEstimated payment $511/month
About This Home
Cash buyers only! Value-add triplex with strong upside potential. Unit #3 is fully renovated (2025) and leased at $550/month expires April 2027. The two lower units are vacant, partially updated, and require a light-to-moderate turn. Projected stabilized gross rent of approximately $1,700/month when fully occupied. Main roof over the upper unit replaced in Summer 2024. Separately metered electric (tenant-paid); water is shared among tenants (33% each). Remaining value-add work includes completing approximately half of the exterior siding, porch repairs, and turning the lower units.
Listing Agent
Keyana Grace
Howard Hanna Brokerage Phone: 419-574-8444 Listed on: 05/27/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1879
Lot Details
- 3,267 Sq Ft Lot
Home Design
- Shingle Roof
- Wood Siding
- Aluminum Siding
- Steel Siding
- Lead Paint Disclosure
Interior Spaces
- 3 Bedrooms
- 1,758 Sq Ft Home
- 2-Story Property
- Partial Basement
Schools
- Navarre Elementary School
- None Middle 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
- $346 per year additional tax assessments
- $4,528 Total Annual Tax in 2024
Community Details
Pet Policy
- Pets allowed on a case-by-case basis
Additional Features
- 3 Units
- 3 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $9,240 | $2,415 | $6,825 |
| 2024 | $471 | $9,240 | $2,415 | $6,825 |
| 2023 | $780 | $6,265 | $2,030 | $4,235 |
| 2022 | $784 | $6,265 | $2,030 | $4,235 |
| 2021 | $940 | $6,265 | $2,030 | $4,235 |
| 2020 | $528 | $5,180 | $1,680 | $3,500 |
| 2019 | $505 | $5,180 | $1,680 | $3,500 |
| 2018 | $525 | $5,180 | $1,680 | $3,500 |
| 2017 | $1,158 | $5,075 | $1,820 | $3,255 |
| 2016 | $534 | $14,500 | $5,200 | $9,300 |
| 2015 | $534 | $14,500 | $5,200 | $9,300 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | Price Changed | $85,900 | -4.6% | $49 / Sq Ft | |
| 05/27/2026 05/27/26 | For Sale | $89,999 | 0.0% | $51 / Sq Ft | |
| 05/13/2026 05/13/26 | Pending | -- | -- | -- | |
| 03/02/2026 03/02/26 | Price Changed | $89,999 | -15.0% | $51 / Sq Ft | |
| 12/08/2025 12/08/25 | Price Changed | $105,900 | -1.9% | $60 / Sq Ft | |
| 09/19/2025 09/19/25 | For Sale | $107,900 | +217.4% | $61 / Sq Ft | |
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $34,000 | None Listed On Document | |
| Deed | $8,000 | -- | |
| Warranty Deed | $6,100 | Area Title Agency | |
| Interfamily Deed Transfer | -- | None Available |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 6135976
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 NORIS. All rights reserved.
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