$112,500
SOLD JUN 18, 2025

583 Dearborn Ave Toledo, OH 43605

East Toledo Neighborhood
-- Bed
-- Bath
2,232 Sq Ft
3,001 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

10% Below List Price

53 Days on Market

About This Home

As of June 2025

Fully-rented duplex with immediate cash flow! Remodeled in 2022, each 2-bed, 1-bath unit offers 1,132 sq ft with spacious living, dining, and kitchen areas. Features separate utilities, updated electrical, furnaces, hot water tanks, vinyl siding, and windows. Basement includes separate storage. Total rent roll: $1,770/month. Turnkey investment!

Last Agent to Sell the Property

Neaira Williams

The Danberry Co Brokerage Email: nwilliams@danberry.com License #2022007922 Listed on: 04/24/2025

The Danberry Co

Last Buyer's Agent

Case McCarthy

Serenity Realty LLC License #2022005040

Serenity Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,001 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Schools

  • Raymer Elementary School
  • Waite High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for grounds care, sewer, taxes, water
  • Assessor Parcel Number 04-52584

Community Details

Overview

  • 2 Units
  • Dearborn Heights Ad Subdivision

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1922
  • Lot Size Acres: 0.0689
  • Lot Size: 3,000
  • Inclusions: ,,
  • Subdivision Name: Dearborn Heights Ad
  • Unit Levels: Two
  • Structure Type: Duplex
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: nwilliams@danberry.com
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Grounds Care, Sewer, Taxes, Water
  • Has Basement: Full
  • Basement YN: Yes
  • Interior Amenities: Other
  • Living Area: 2232.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure
  • Construction Type: Other
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: No Driveway, None

Utilities

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

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 04-52584
  • Zoning Description: res

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Total Actual Rent: 1770.0

MLS Schools

  • Elementary School: Raymer
  • HighSchool: Waite

Range of Values:

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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 Change Sq Ft Price
06/18/2025 06/18/25 Sold $112,500 -9.9% $50 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $124,900 +19.0% $56 / Sq Ft
09/27/2024 09/27/24 Sold $105,000 0.0% $47 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $105,000 +55.6% $47 / Sq Ft
06/17/2022 06/17/22 Sold $67,500 -9.9% $30 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $74,900 -- $34 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Neaira Williams

    Seller's Agent in 2025

    Neaira Williams

    The Danberry Co

    (419) 280-1160

    9 in this area

    79 Total Sales

    Neaira Williams
    Section Image
  • Case McCarthy

    Buyer's Agent in 2025

    Case McCarthy

    Serenity Realty LLC

    (419) 764-4352

    3 in this area

    73 Total Sales

    Case McCarthy
    Section Image
  • Andrew Lee

    Seller's Agent in 2024

    Andrew Lee

    LPG Realty

    (419) 308-5990

    13 in this area

    246 Total Sales

    Andrew Lee
    Section Image
  • Justin Spann

    Seller's Agent in 2022

    Justin Spann

    Key Realty LTD

    (567) 312-5608

    66 in this area

    289 Total Sales

    Justin Spann
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6128968

Northwest Ohio Real Estate Information Service (NORIS)

APN: 04-52584

Ohio Lucas County Toledo 43605 East Toledo

583 Dearborn Ave, Toledo, OH

This home is located at 583 Dearborn Ave, Toledo, OH 43605 and is currently priced at $112,500, approximately $50 per square foot. This property was built in 1922. 583 Dearborn Ave is a home located in Lucas County with nearby schools including Raymer Elementary School, Waite High School, and Toledo Preparatory Academy.

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.

Northwest Ohio Real Estate Information Service (NORIS) 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. ©2025 NORIS. All rights reserved.

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