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1951 N Summit Street

Toledo, OH 43611
  • $239,900
  • STATUS: Active
  • ON SITE: 104 Days
  • MLS #: 10004680
UPDATED: 41 min ago
$239,900
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,304
    SQFT
  • $26
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Excellent investment opportunity with this five-unit apartment building offering strong income and upside potential. Next month, the building will be fully rented bringing in $3,750 per month! Additional income from on-site coin laundry is not included in the current figures, providing even more revenue potential. Most tenants are long term, and all units have been remodeled in recent years, minimizing immediate capital expenses. The parking lot has been recently redone and offers ample space for residents and guests. Approximately 6,200 of the 9,300 square feet is finished, leaving significant opportunity to expand—potentially converting the remaining space to create a 6-8 unit building. A solid, income-producing property with tremendous value-add potential! Vacant unit is available for showings and other units available with an accepted offer.

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© 2026 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than Key Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Broker Reciprocity information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated at least every 12 hours; data last updated: 2026-06-16T10:24:53.847.
www.toledohomesellers.com/homes/173654010
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1951 N Summit Street Toledo, OH 43611

  • Price: $239,900
  • Status: Active
  • On Site: 104 Days
  • Updated: 41 min ago
  • MLS #: 10004680
8
Beds
0
Baths
0
½ Baths
N/A
Acres
9,304
SQFT
$26
$/SQFT
1900
Built
Neighborhood:
None
County:
Lucas
Area:
Toledo
Elementary School:
Riverside
Middle School:
None
High School:
Woodward
School District:
Toledo
Property Description
Excellent investment opportunity with this five-unit apartment building offering strong income and upside potential. Next month, the building will be fully rented bringing in $3,750 per month! Additional income from on-site coin laundry is not included in the current figures, providing even more revenue potential. Most tenants are long term, and all units have been remodeled in recent years, minimizing immediate capital expenses. The parking lot has been recently redone and offers ample space for residents and guests. Approximately 6,200 of the 9,300 square feet is finished, leaving significant opportunity to expand—potentially converting the remaining space to create a 6-8 unit building. A solid, income-producing property with tremendous value-add potential! Vacant unit is available for showings and other units available with an accepted offer.
Exterior Features

Attached Garage YN No Carport YN No Exterior Features Awning(s) Fencing [] Foundation Details Block Garage YN No Lot Features Other Parking Features Parking Lot Patio And Porch Features [] Pool Features [] Roof Shingle Water View No Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Appliances Water Heater Basement Block Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Fireplace Features [] Flooring CarpetVinyl Heating ElectricRadiant Heating YN Yes Interior Features Entrance Foyer Laundry Features Common AreaIn BasementCoin Laundry Levels Two and One Half

Property Features

Accessibility Features [] Auction YN No Community Features [] Construction Materials Aluminum Siding Electric [] Lease Option Month To Month12 Months Listing Terms Month To Month12 Months Lot Size Acres 0 Lot Size Dimensions 60X214 New Construction YN No Number Of Units Leased 4 Other Equipment [] Other Structures [] Owner Pays GasWaterInsurance Pets Allowed [] Property Sub Type Apartment Road Frontage Type [] Road Surface Type [] Sewer Public SewerStorm SewerSanitary Sewer Structure Type Multi Family Tenant Pays Electricity Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedInternet Connected Water Source Public

Listing provided by Key Realty : 419-345-7808. © 2026 NORIS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


© 2026 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than Key Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Broker Reciprocity information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated at least every 12 hours; data last updated: 2026-06-16T10:24:53.847.
 
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Key Realty
5425 Southwyck Blvd Suite 240
Toledo OH, 43614