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428 Platt Street

Toledo, OH 43605
  • $275,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 10013924
Price Reduced
UPDATED: 37 min ago
$275,000
  • 8
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,808
    SQFT
  • $57
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Information

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

Description

INVESTOR OPPORTUNITY IN EAST TOLEDO! This income-producing 4-unit property offers an excellent opportunity to add a cash-flowing asset to your investment portfolio. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable and easy-to-rent floor plan. The property is currently generating approximately $3,455 per month in rental income, providing immediate income for the new owner. Several updates have already been completed, offering a great starting point for an investor looking to continue improving the property and maximize long-term value. Located in East Toledo, just minutes from Downtown Toledo, major roadways, shopping, dining, entertainment, and the riverfront. East Toledo continues to see attention and investment, including ongoing development connecting the neighborhood to Toledo's growing downtown and riverfront areas. Whether you're an experienced investor or looking to expand your rental portfolio, this four-unit property offers solid existing cash flow, four 2-bedroom units, and additional potential for future growth.

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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: 2026-10-17T13:25:05.773.
www.toledohomesellers.com/homes/181557668
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428 Platt Street Toledo, OH 43605

  • Price: $275,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 37 min ago
  • MLS #: 10013924
8
Beds
0
Baths
0
½ Baths
0.22
Acres
4,808
SQFT
$57
$/SQFT
1922
Built
Neighborhood:
Yondota
County:
Lucas
Area:
Toledo
Elementary School:
East Broadway
Middle School:
None
High School:
Waite
School District:
Toledo
Property Description
INVESTOR OPPORTUNITY IN EAST TOLEDO! This income-producing 4-unit property offers an excellent opportunity to add a cash-flowing asset to your investment portfolio. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable and easy-to-rent floor plan. The property is currently generating approximately $3,455 per month in rental income, providing immediate income for the new owner. Several updates have already been completed, offering a great starting point for an investor looking to continue improving the property and maximize long-term value. Located in East Toledo, just minutes from Downtown Toledo, major roadways, shopping, dining, entertainment, and the riverfront. East Toledo continues to see attention and investment, including ongoing development connecting the neighborhood to Toledo's growing downtown and riverfront areas. Whether you're an experienced investor or looking to expand your rental portfolio, this four-unit property offers solid existing cash flow, four 2-bedroom units, and additional potential for future growth.
Exterior Features

Attached Garage YN No Carport YN No Exterior Features [] Fencing Privacy Foundation Details Other Garage YN Yes Lot Features Other Parking Features Off Street Patio And Porch Features [] Pool Features [] Roof Other Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Appliances Refrigerator Basement [] Basement YN No Cooling None Cooling YN No Fireplace Features [] Flooring Luxury VinylOtherWood Heating Forced Air Heating YN Yes Interior Features Other Laundry Features None Levels Two

Property Features

Accessibility Features [] Auction YN No Community Features [] Construction Materials Aluminum Siding Electric [] Lease Option 12 MonthsRenewal Option Listing Terms 12 MonthsRenewal Option Lot Size Acres 0.22 Lot Size Dimensions 30x80 New Construction YN No Number Of Units Leased 4 Other Equipment [] Other Structures [] Owner Pays WaterTaxes Pets Allowed [] Property Sub Type Quadruplex Road Frontage Type City Street Road Surface Type Paved Sewer Public Sewer Structure Type Quadruplex Tenant Pays ElectricityGas Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Source Public

Listing provided by Serenity Realty LLC : 567-395-6117. © 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: 2026-10-17T13:25:05.773.
 
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Key Realty
5425 Southwyck Blvd Suite 240
Toledo OH, 43614