549 Spencer Street
Toledo, OH 43609
2
Bed
1
Bath
836Sqft
0.08Acre(Lot)
NOTICE: We are not considering seller financing or creative financing offers that do not consist of us in recorded first lien position with a minimum of 30% down. Thank you for understanding! This property is being sold as part of an 46-unit portfolio or a 10-unit sub-portfolio. In place cap is ~8.5%, pro forma cap is ~11.0%, and occupancy is 100%. Asking price for the 46-unit portfolio is $3.57M and asking price for the 5-unit sub-portfolio is $768.5K. The sub-portfolio includes 1820 Marne, 2002 Brame, 343 Heffner, 1215 Woodstock, 323 Champion, 3350 Maple, 811 Collins, 17 E Oakland, and 522 Saint Louis. The entire 46-unit list can be found in the attachments. Property is occupied and photos are from the last time it was vacant.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 2 Basement: Crawl Space -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Water Heater Laundry Features: Electric Dryer Hookup, Main Level -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1887 Construction Materials: Aluminum Siding, Steel Siding Stories: 1 Private Pool: No
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Lot Information
Lot Dimensions: 3,300 Main Square Feet: 0.08 Acres Lot Size Acres: 0.0758 Lot Size Square Feet: 3302Property Information
Subdivision: Stateview Pl Source Property Type: Residential Postal Code Plus 4: 2974 Property SubType: Single Family Residence Levels: One Property Age: 139
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Listing Price Information
Listing Price: $68000 Original Price: $80000
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Tax Information
Parcel Number: 15-40704 Tax Year: 2023
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Parking Information
Parking Total: 2 Alley Access, Driveway, Off Street, Detached, GarageGarage Information
Has Garage: Yes Garage Space: 2
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School Information
Elementary School: WalbridgeJunior High School: NoneSenior High School: Bowsher -
Utility Information
Sewer Available -
Location Information
Direction: This property is being sold as part of a 34-unit portfolio. In-place cap is ~9.4%, pro forma cap is ~11.0%, and occupancy is 100%. Asking price for the full 34-unit portfolio is $2.42M. Seller will consider selling less than the entire portfolio; package offers must total at least $500,000 in properties. No creative financing. The full portfolio list can be found in the attachments. Properties are occupied and photos are from the last time each was vacant. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 205 Eastern Avenue, Toledo, OH, 43609 | $72,000 | 3 | 1 | 1,236 | 1,236 SqFt |
| 233 Garland Avenue, Toledo, OH, 43609 | $112,900 | 3 | 1 | 1,293 | 1,293 SqFt |
| 316 Eastern Avenue, Toledo, OH, 43609 | $82,000 | 3 | 1 | 1,262 | 1,262 SqFt |
| 285 Walbridge Avenue, Toledo, OH, 43609 | $50,000 | 2 | 1 | 1,028 | 1,028 SqFt |
| 416 Colburn Street, Toledo, OH, 43609 | $89,900 | 4 | 1 | 1,586 | 1,586 SqFt |
| 615 Maumee Avenue, Toledo, OH, 43609 | $69,900 | 3 | 2 | 1,164 | 1,164 SqFt |
| 911 Vinton Street, Toledo, OH, 43609 | $79,000 | 2 | 1 | 916 | 916 SqFt |
| 615 Prouty Avenue, Toledo, OH, 43609 | $49,000 | 3 | 1 | 1,119 | 1,119 SqFt |
| 641 South Avenue, Toledo, OH, 43609 | $265,000 | 13 | -- | 9,436 | 9,436 SqFt |
| 710 Redwood Avenue, Toledo, OH, 43609 | $40,000 | 4 | 1 | 1,472 | 1,472 SqFt |
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ByOwner last updated this listing 06/12/2026 @ 10:52
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