$790,000
UNDER CONTRACT

Estimated payment $4,950/month

Total Views 5,069
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.7 Acre Lot
  • Forced Air Heating System
  • Carpet

About This Home

Great investment opportunity! This 11-unit apartment building is positioned along Secor Rd just north of Laskey Rd., offering excellent visibility and easy access to shopping, dining, The University of Toledo and major highways. The property features 2 bed 1 bath units, all with Central Air Conditioning. Tenants enjoy ample off street parking and convenient proximity to schools, hospitals and major employment centers. The exteriors are all brick, with newer roofs, and vinyl replacement windows. All units are 2 Bedroom townhouse style apartments with 1 bathroom.

Listing Agent

Betsy Kelsey

RE/MAX Preferred Associates License #2018005369 Listed on: 09/12/2025

RE/MAX Preferred Associates

Co-Listing Agent

Mike Welch

RE/MAX Preferred Associates License #0000349420

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 101 x 291

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 2-Story Property
  • Carpet

Parking

  • 18 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Whitmer High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • The owner pays for sewer, trash collection, water, insurance, snow removal, taxes, lawn care
  • Assessor Parcel Number 22-03001

Community Details

Overview

  • 11 Units

Building Details

  • 9 Leased Units
  • Operating Expense $46,587
  • Net Operating Income $54,186

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1967
  • Lot Size Acres: 0.7
  • Lot Size: 101 x 291
  • Co List Office Mls Id: PREF
  • Co List Office Phone: 419-720-5600
  • Subdivision Name: None
  • Carport Y N: No
  • Special Features: 4224

Interior Features

  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Sewer, Trash Collection, Water, Insurance, Snow Removal, Taxes, Lawn Care
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Aluminum Siding, Brick, Steel Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, Parking Lot
  • Total Parking Spaces: 18.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Refrigerator, Water Heater
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Washington Local

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Parcel #: 22-03001

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 54186.0
  • Number Of Units Total: 11
  • Number Of Units Leased: 9
  • Annual Operating Expense: 46587.0
  • Total Actual Rent: 8890.0

MLS Schools

  • Elementary School: Other
  • HighSchool: Whitmer

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Off Market $790,000 -- --
10/14/2025 10/14/25 For Sale $790,000 0.0% --
09/12/2025 09/12/25 For Sale $790,000 -- --
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6135663

Northwest Ohio Real Estate Information Service (NORIS)