$1,525,000
SOLD MAY 8, 2026
4 Beds
-- Bath
18,288 Sq Ft
1.07 Acres Lot

Sale Details

Date Sold: May 8, 2026

$83 Per Sq Ft

5% Below List Price

237 Days on Market

Highlights

  • 1.07 Acre Lot
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of May 2026

Terrific investment opportunity! This 22-unit apartment complex is located on highly visible Secor Rd., offering convenient access to shopping, dining, The University of Toledo and major highways. The property features a mix of 2 bedroom, 1 bathroom units. The exteriors are all brick, with newer roofs and vinyl replacement windows. This building also features a laundry room available for the tenants use and ample off street parking. HVAC in units 1-15 only.

Last Agent to Sell the Property

Betsy Kelsey

RE/MAX Preferred Associates Brokerage Phone: 419-262-6315 License #2018005369 Listed on: 09/13/2025

RE/MAX Preferred Associates

Co-Listed By

Mike Welch

RE/MAX Preferred Associates Brokerage Phone: 419-262-6315 License #0000349420

Last Buyer's Agent

Robert Pasker III

Pasker Real Estate License #2017000439

Pasker Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,916

Year Built

  • Built in 1965

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 101 x 466

Home Design

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

Interior Spaces

  • 4 Bedrooms
  • 18,288 Sq Ft Home
  • 2-Story Property
  • Carpet

Parking

  • 33 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Washington Middle School
  • Whitmer High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water, insurance, snow removal, taxes, lawn care
  • Assessor Parcel Number 23-36221
  • $195 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 22 Units

Building Details

  • 16 Leased Units
  • Operating Expense $95,487
  • Net Operating Income $108,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,916

Year Built

Built in 1965

Lot Details

1.07 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1965
  • Lot Size Acres: 1.07
  • Lot Size: 101 x 466
  • Co List Office Mls Id: PREF
  • Co List Office Phone: 419-720-5600
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Attribution Contact: 419-262-6315
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet
  • Number Of Buildings: 4
  • Owner Pays: Sewer, Trash Collection, Water, Insurance, Snow Removal, Taxes, Lawn Care
  • Basement YN: No
  • Total Bedrooms: 4
  • Living Area: 18288.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • 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: 33.0

Utilities

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

Schools

  • Junior High Dist: Washington Local
  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 46609.0
  • Parcel #: 23-36221

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Net Operating Income: 108579.0
  • Number Of Units Total: 22
  • Number Of Units Leased: 16
  • Annual Operating Expense: 95487.0
  • Total Actual Rent: 17985.0

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Other
  • HighSchool: Whitmer
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
05/08/2026 05/08/26 Sold $1,525,000 -4.7% $83 / Sq Ft
09/24/2025 09/24/25 For Sale $1,600,000 -- $87 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6135651

Northwest Ohio Real Estate Information Service (NORIS)
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