$479,900

Estimated payment $2,841/month

Total Views 607
15 Beds
-- Bath
10,146 Sq Ft
$47 Price per Sq Ft

Highlights

  • Corner Lot
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed
  • Carpet

About This Home

Fantastic opportunity to add a 7-unit multifamily property to your portfolio in Toledo. This building offers a strong unit mix, recent improvements, and real upside for the next owner. Major updates have already been tackled, including a new parking lot in 2025, electrical updates, and multiple interior and exterior improvements completed within the past few years. With 4 of the 7 units currently occupied, there is immediate income in place while still leaving room to increase occupancy and improve returns over time. Whether you are looking to stabilize and hold or bring rents to market and maximize cash flow, this property offers plenty of potential. Great chance to step into a value-add asset with a lot of the heavy lifting already started.

Listing Agent

Andrew Lee

LPG Realty Brokerage Phone: 419-308-5990 License #2023007275 Listed on: 04/16/2026

Co-Listing Agent

Jackelyn Lee

LPG Realty Brokerage Phone: 419-308-5990 License #2025005143

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1917

Lot Details

  • 4,320 Sq Ft Lot
  • Lot Dimensions are 37x120
  • Corner Lot
  • 1732 Arlington (parcel: 05314026), 1736 Arlington (parcel: 05314027), 1738 Arlington (parcel: 05314028)

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 15 Bedrooms
  • 10,146 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Gas Range
  • Basement

Parking

  • 9 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

  • Arlington Elementary School
  • None Middle School
  • Bowsher High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for electricity, sewer, water, insurance, management
  • Assessor Parcel Number 16-33324
  • $329 per year additional tax assessments

Community Details

Overview

  • 7 Units
  • Woodsdale Addn. Subdivision

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • 4 Leased Units
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,530

Year Built

Built in 1917

Lot Details

4,320 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Year Built: 1917
  • Lot Size Acres: 0.1
  • Lot Size: 37X120
  • Road Frontage Type: City Street
  • Co List Office Mls Id: LPG
  • Co List Office Phone: 419-308-5990
  • Subdivision Name: Woodsdale Addn.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Multi Family
  • Attribution Contact: 419-308-5990
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Number Of Buildings: 1
  • Owner Pays: Electricity, Sewer, Water, Insurance, Management
  • Has Basement: Block
  • Basement YN: Yes
  • Total Bedrooms: 15
  • Interior Amenities: Other
  • Living Area: 10146.0
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Flat
  • Fencing: Wood
  • Lot Features: Corner Lot
  • Pool Private: No
  • Waterfront: No
  • Disclosures: None
  • Construction Type: Block, Brick, Vinyl Siding, Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot
  • Total Parking Spaces: 9.0

Utilities

  • Heating: Baseboard, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Appliances: Gas Range, Refrigerator
  • Cooling: Central Air
  • Laundry Features: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Pets: Cats OK, Dogs OK

Schools

  • Junior High Dist: Toledo
  • Middle Or Junior School: None

Lot Info

  • Lot Size Sq Ft: 4320.0
  • Additional Parcels Description: 1732 Arlington (parcel: 05314026), 1736 Arlington (parcel: 05314027), 1738 Arlington (parcel: 05314028)
  • Additional Parcels: Yes
  • Parcel #: 16-33324

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Number Of Units Total: 7
  • Number Of Units Leased: 4
  • Number Of Units Vacant: 3

Tax Info

  • New Taxes Expense: 2872.01
  • Tax Year: 2025

MLS Schools

  • Elementary School: Arlington
  • HighSchool: Bowsher

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 -- $24,045 $3,535 $20,510
2024 $27,356 $24,045 $3,535 $20,510
2023 $2,704 $24,045 $3,535 $20,510
2022 $2,477 $24,045 $3,535 $20,510
2021 $2,507 $24,045 $3,535 $20,510
2020 $2,534 $22,785 $3,325 $19,460
2019 $2,473 $22,785 $3,325 $19,460
2018 $2,413 $22,785 $3,325 $19,460
2017 $2,626 $21,700 $3,150 $18,550
2016 $3,691 $62,000 $9,000 $53,000
2015 $2,353 $62,000 $9,000 $53,000
2014 -- $33,080 $4,620 $28,460
2013 $2,941 $33,080 $4,620 $28,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2026 04/16/26 For Sale $479,900 -- $47 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Louisville Title
Warranty Deed $18,000 Louisville Title Agency
Quit Claim Deed -- Louisville Title
Contract Of Sale $70,000 None Available
Warranty Deed -- --
Land Contract $100,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,500 New Conventional
Previous Owner $64,000 Land Contract Argmt. Of Sale
Previous Owner $98,000 Seller Take Back
Source: Public Records

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 10006443

Northwest Ohio Real Estate Information Service (NORIS)

APN: 16-33324

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