Description
Special Investment opportunity just minutes from Downtown Toledo and the Maumee River! Located near the riverfront, major roadways, and downtown amenities, this value-add quadplex offers strong upside in a convenient Toledo location. Improvements include a new roof, new gutters, and drywall work in some units. The property will require a full renovation, including mechanicals, interior work, and exterior work. Comparable stabilized properties within a one-mile radius have sold between $225,000 and $245,000+. Once completed, projected market rents may support approximately $2,800 to $3,200+ per month, putting the property near or above the 1% rule—a great opportunity for an experienced investor or buyer looking for a high-upside project.
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8BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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6,027SQFT
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$8$/SQFT
School Information
Description
Special Investment opportunity just minutes from Downtown Toledo and the Maumee River! Located near the riverfront, major roadways, and downtown amenities, this value-add quadplex offers strong upside in a convenient Toledo location. Improvements include a new roof, new gutters, and drywall work in some units. The property will require a full renovation, including mechanicals, interior work, and exterior work. Comparable stabilized properties within a one-mile radius have sold between $225,000 and $245,000+. Once completed, projected market rents may support approximately $2,800 to $3,200+ per month, putting the property near or above the 1% rule—a great opportunity for an experienced investor or buyer looking for a high-upside project.
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Listing provided by The Danberry Co : 419-203-4659. © 2026 NORIS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.