318 Wasaon Street
Toledo, OH 43609
4
Bed
4
Bath
3,027Sqft
0.09Acre(Lot)
Investor Special! Cash-flowing 4-unit property with immediate upside potential. 3 of the 4 units are currently occupied, generating $2,025 per month in rental income, with the vacant unit previously being rented for $700 per month. At full occupancy, projected gross rents are estimated between $2,800-$3,000 per month. Each unit is equipped with mini-split systems providing both heating and cooling. The property offers a strong opportunity for investors seeking current income with room to increase returns. Tenants pay their own electric, there is no gas bill, while the owner is responsible for water, helping keep operating expenses manageable. Property appraised for $175,000 in 2024. Please do not disturb tenants. 24-hour notice required for showings.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Full Baths: 4Room Information
Has Basement: Yes -
Flooring Information
Carpet, Linoleum, Vinyl -
Roofing Information
Shingle -
Interior Features
Other Roof: Shingle Appliances: Electric Oven, Electric Range, Refrigerator Laundry Features: None -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Heat Pump Has Cooling: Yes Cooling: Heat Pump
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Building Information
Year Built: 1882 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 30X127 Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Square Feet: 3685 Lot Description: OtherProperty Information
Subdivision: Knowers Source Property Type: Residential Income Postal Code Plus 4: 2716 Property SubType: Quadruplex Levels: Two Property Age: 144
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Listing Price Information
Listing Price: $140000 Original Price: $160000
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Tax Information
Parcel Number: 09-14227 Tax Year: 2025
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Parking Information
On Street
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School Information
Elementary School: Marshall Stemm AcademyJunior High School: NoneSenior High School: Scott -
Utility Information
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
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 |
|---|---|---|---|---|---|
| 219 Eastern Avenue, Toledo, OH, 43609 | $49,900 | 5 | -- | 2,206 | 2,206 SqFt |
| 318 Courtland Avenue, Toledo, OH, 43609 | $134,900 | 5 | 3 | -- | |
| 838 S Erie Street, Toledo, OH, 43609 | $119,900 | 4 | 2 | 2,330 | 2,330 SqFt |
| 709 Thayer Street, Toledo, OH, 43609 | $80,000 | 4 | 3 | 1,840 | 1,840 SqFt |
| 964 Western Avenue, Toledo, OH, 43609 | $47,900 | 6 | 2 | 2,253 | 2,253 SqFt |
| 1455 Chester Street, Toledo, OH, 43609 | $109,900 | 4 | 2 | 1,760 | 1,760 SqFt |
| 747 Toronto Avenue, Toledo, OH, 43609 | $65,900 | 4 | 2 | 2,297 | 2,297 SqFt |
| 115 Lake Shore Avenue, Toledo, OH, 43609 | $85,000 | 4 | 2 | 1,811 | 1,811 SqFt |
| 920 National Avenue, Toledo, OH, 43609 | $65,900 | 4 | 2 | 1,966 | 1,966 SqFt |
Similar Multifamily To 318 Wasaon Street
Nearby For Sale
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ByOwner last updated this listing 06/17/2026 @ 10:44
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