BEDS3
BATHS3 full
SQUARE FEET1,758
MLS#6135976
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLToledo
Property Description
Cash buyers only! Value-add triplex with strong upside potential. Unit #3 is fully renovated (2025) and leased at $550/month expires April 2027. The two lower units are vacant, partially updated, and require a light-to-moderate turn. Projected stabilized gross rent of approximately $1,700/month when fully occupied. Main roof over the upper unit replaced in Summer 2024. Separately metered electric (tenant-paid); water is shared among tenants (33% each). Remaining value-add work includes completing approximately half of the exterior siding, porch repairs, and turning the lower units.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Cooling: None
Heating: Electric, Radiant
Lot Size: 0.08 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1879
Feature Descriptions
Appliances: Water Heater, Refrigerator
Days on Site: 347
Exterior: Aluminum Siding, Steel Siding, Wood Siding
Flooring: Other
Lot Dimensions: 3,267
Parcel#: 17-02275
Parking: None
Parking Notes: None
Pets Allowed: Negotiable
Sewer: Sanitary Sewer
Units: 3
Water: Public
Local Schools
High School: Waite
Middle School: None
Elementary School: Navarre
School District: Toledo
Listed By / Shown By
Listed By
Agency Name: Howard Hanna
Agency Phone: 419-535-0011
Shown By
Agent Name: Lisa Smith
Agent Phone: Cell: (419) 304-0111
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 482.25 per month $457.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $25.05 Homeowner's Insurance
451 5th Street | MLS# 6135976
This multi-family property located at 451 5th Street, Toledo, OH 43605 is currently listed for sale with an asking price of $85,900. 5th Street is located within the Toledo school district. Search Toledo real estate on lisasmith.ikeyrealty.com today.