Active

451 5th Street

Toledo, OH 43605

$85,900 $362/Mo

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Overview

Bed

Bath

1,758

Sqft

0.08

Acre(Lot)

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 Details

Property Type : Residential Income

Price : $85,900

AD Id : 67074528

MLS Id : 6135976

Beds : 3

Lot Size : 0.08 Acre

Living Area Size : 1,758

Year Built : 1879

County : Lucas

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Full Baths: 3

Room Information

Has Basement: Yes Basement: Partial
Flooring Information

Other
Roofing Information

Shingle
Interior Features

Roof: Shingle Appliances: Refrigerator, Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Radiant Cooling: None

Building Information

Year Built: 1879 Construction Materials: Aluminum Siding, Wood Siding, Steel Siding Private Pool: No

Lot Information

Lot Dimensions: 3,267 Main Square Feet: 0.08 Acres Lot Size Acres: 0.075 Lot Size Square Feet: 3267

Property Information

Subdivision: None Source Property Type: Residential Income Postal Code Plus 4: 2182 Property SubType: Apartment Levels: One Property Age: 147

Listing Price Information

Listing Price: $85900 Original Price: $107900

Tax Information

Parcel Number: 17-02275 Tax Year: 2024

Parking Information

None

School Information

Elementary School: Navarre

Junior High School: None

Senior High School: Waite
Utility Information

Sewer Available
Location Information

Direction: Cherry Street Across the Martin Luther King Bridge left on 4th Street, 1st left onto Euclid Street. 1 block to Right on 5th Street. WaterSource: Public

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ByOwner last updated this listing 07/25/2026 @ 01:55

MLS: 6135976 LISTED BY: Keyana Grace, Howard Hanna 419-535-0011 SOURCE: Northwest Ohio Real Estate Information Service (NORIS)