1951 N Summit Street
Toledo, OH 43611
8
Bed
5
Bath
9,304Sqft
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Full Baths: 5Room Information
Has Basement: Yes Basement: Block -
Flooring Information
Carpet, Vinyl -
Roofing Information
Shingle -
Interior Features
Entrance Foyer Roof: Shingle Appliances: Water Heater Laundry Features: Common Area, In Basement -
Heating & Cooling
Has Heating: Yes Heating: Electric, Radiant Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1900 Construction Materials: Aluminum Siding Stories: 3 Private Pool: No -
Exterior Features
Exterior Features: Awning(s)
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Lot Information
Lot Dimensions: 60X214 Lot Description: OtherProperty Information
Subdivision: None Source Property Type: Residential Income Postal Code Plus 4: 3770 Property SubType: Apartment Property Age: 126
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Listing Price Information
Listing Price: $239900
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Tax Information
Parcel Number: 14-29224 Tax Year: 2025
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Parking Information
Parking Total: 6 Parking Lot
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School Information
Elementary School: RiversideJunior High School: NoneSenior High School: Woodward -
Utility Information
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Sewer Available -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6036 324th Street, Toledo, OH, 43611 | $119,900 | 3 | 1 | 864 | 864 SqFt |
| 3703 149th Street, Toledo, OH, 43611 | $154,900 | 3 | 1 | 999 | 999 SqFt |
| 5831 316th Street, Toledo, OH, 43611 | $114,900 | 3 | 1 | 900 | 900 SqFt |
| 3334 138th Street, Toledo, OH, 43611 | $72,000 | 1 | 1 | 658 | 658 SqFt |
| 5912 Edgewater Drive, Toledo, OH, 43611 | $285,000 | 7 | 4 | 3,080 | 3,080 SqFt |
| 5521 304th Street, Toledo, OH, 43611 | $170,000 | 3 | 2 | 1,248 | 1,248 SqFt |
| 2912 Northshore Drive, Toledo, OH, 43611 | $249,900 | 3 | 1 | 1,508 | 1,508 SqFt |
| 2716 122nd Street, Toledo, OH, 43611 | $169,900 | 3 | 1 | 1,060 | 1,060 SqFt |
| 4810 295th Street, Toledo, OH, 43611 | $139,900 | 2 | 1 | 778 | 778 SqFt |
| 2628 124th Street, Toledo, OH, 43611 | $199,900 | 3 | 1 | 1,114 | 1,114 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 16:30
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