620 Stout St Napoleon, OH 43545
Estimated payment $2,500/month
Highlights
- 1 Acre Lot
- Forced Air Heating and Cooling System
- Level Lot
- Private Yard
- Private Entrance
- 1-minute walk to East Riverdowns Park
About This Home
Excellent income-producing 5-unit property—fully occupied and ready for its next investor. Offering immediate cash flow, this low-maintenance building includes a newer roof, updated water heaters, and paved parking. Solid rental history and easy upkeep make this a smart, hassle-free addition to your portfolio.
Listing Agent
Reiser Realty Brokerage Phone: 419-966-3469 License #2024003596 Listed on: 05/04/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,634
Year Built
- Built in 1993
Lot Details
- 1 Acre Lot
- Lot Dimensions are 132x330
- Private Entrance
- Level Lot
- Private Yard
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 10 Bedrooms
- 4,282 Sq Ft Home
- 1-Story Property
- Electric Range
Flooring
- Carpet
- Vinyl
Schools
- Napoleon Elementary And Middle School
- None Middle School
- Napoleon High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- The owner pays for exterior maintenance, HVAC maintenance, repairs, insurance, snow removal, taxes, lawn care
- Assessor Parcel Number 41-009544.0120
Community Details
Overview
- 2 Buildings
- 5 Units
Pet Policy
- No Pets Allowed
Building Details
- 5 Leased Units
- Insurance Expense $2,623
- Maintenance Expense $150,175
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 | $4,634 | $67,720 | $16,770 | $50,950 |
| 2024 | $4,634 | $67,720 | $16,770 | $50,950 |
| 2023 | $4,637 | $67,720 | $16,770 | $50,950 |
| 2022 | $4,100 | $110,720 | $33,540 | $77,180 |
| 2021 | $4,102 | $55,360 | $16,770 | $38,590 |
| 2020 | $4,243 | $55,360 | $16,770 | $38,590 |
| 2019 | $4,287 | $55,360 | $16,770 | $38,590 |
| 2018 | $4,206 | $55,360 | $16,770 | $38,590 |
| 2017 | $4,090 | $55,360 | $16,770 | $38,590 |
| 2016 | $5,691 | $73,650 | $16,770 | $56,880 |
| 2015 | $5,465 | $73,650 | $16,770 | $56,880 |
| 2014 | $5,465 | $73,650 | $16,770 | $56,880 |
| 2013 | $5,465 | $73,650 | $16,770 | $56,880 |
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 |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | For Sale | $389,900 | -- | $91 / Sq Ft |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 10007231
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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