$229,900
UNDER CONTRACT

Estimated payment $1,454/month

Total Views 2,240
-- Bed
-- Bath
3,080 Sq Ft
$75 Price per Sq Ft

About This Home

Rare chance to own a cash-flowing 4-unit near the water! All units are 2-bedrooms. Three units are occupied with long-term tenants at below-market rents, generating $1,700/month. Unit 3 is vacant and available to show—perfect for owner-occupant or investor value-add. Tenants pay their own gas and electric. Total potential rent over $3,200+/month! Great income opportunity in a desirable location.

Listing Agent

Andrew Lee

LPG Realty Brokerage Phone: (419) 308-5990 License #2023007275 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 3,123 Sq Ft Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range

Parking

  • 6 Parking Spaces
  • Driveway
  • Assigned Parking

Schools

  • Edgewater Elementary School
  • Woodward High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 4 Units
  • 3 Leased Units

Listing and Financial Details

  • The owner pays for grounds care, snow removal, sewer, trash collection, water
  • Assessor Parcel Number 02-08187

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1907
  • Lot Size Acres: 0.0717
  • Lot Size: 3,123
  • Inclusions: ,,
  • Ownership: Agent Owned
  • Subdivision Name: Other
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Attribution Contact: (419) 308-5990
  • Special Features: 4224

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Grounds Care, Snow Removal, Sewer, Trash Collection, Water
  • Interior Amenities: Common Entry
  • Living Area: 3080.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Multiple lots
  • Disclosures: Disclosure on File, Lead Based Paint Disclosure
  • Construction Type: Aluminum Siding, Steel Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Asphalt, Driveway
  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Cooling: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 02-08187

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Total Actual Rent: 1700.0

MLS Schools

  • Elementary School: Edgewater
  • HighSchool: Woodward

Map

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
08/07/2025 08/07/25 For Sale $229,900 -- $75 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6133974

Northwest Ohio Real Estate Information Service (NORIS)