- Overview
- Description
- Property Details
- Location
- Facts & Features
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$239,900
Monthly Est:$1,194
8 Beds
-- Bath
9,304sqft
1951 N Summit St, Toledo, OH 43611
$239,900
$1,194/moEst:
Get Pre-Approved
Apartment
Built in 1900
$-- HOA
-- sqft lot
$26/sq.ft
Description
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 showings and other units available with an accepted offer.
- Houzeo last checked: 2 minutes ago
- Listing updated: August 15, 2026 at 7:17 pm
- Listing Provided by: Keith M. Degnan (419) 345-7808 | Key Realty (419) 345-7808
- Source: Northwest Ohio Real Estate Information System (NORIS), Maumee, OH | MLS#: 10004680
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
9,304 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Northwest Ohio Real Estate Information System (NORIS), Maumee, OH
MLS Number
10004680
MLS Status
Active
Days on Market
168
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathroom: --
Interior
Flooring
Carpet, Vinyl
Heating
Electric, Radiant
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Exterior Features
Awning(s)
Appliances
Water Heater
Cooling
Window Unit(s)
Interior Features
Entrance Foyer
Construction
Year Built
Year Built: 1900
Home type
Apartment
Roof
Shingle
Foundation Details
Block
Construction Materials
Aluminum Siding
Utilities & Energy
Basement
Block
Laundry Features
Common Area, In Basement, Coin Laundry
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Parking Features
Parking Lot
Other Features
Tenant Pays
Electricity
Lot Features
Other
Subdivision Name
None
Disclosures
Lead Based Paint Disclosure, Property Disclosure
Price History
| Date | Event | Price |
|---|---|---|
05/13/2026 Source: | Listed for Sale | $239,900 $26/sqft |
04/27/2026 Source: | Pending | $239,900 -7.55% $26/sqft |
03/07/2024 Source: | Price Decreased | $259,500 -0.19% $28/sqft |
07/13/2022 Source: | Listing Removed | $260,000 +126.09% $28/sqft |
08/01/2018 Source: | Sold | $115,000 -2.13% $12/sqft |
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Getting Around 1951 N Summit St
Bike Score®
Bikeable
61/100
Walk Score®
Car-Dependent
32/100
Data provided by Redfin
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Based on information from the Northwest Ohio Real Estate Information Systems, Inc. Multiple Listing Service through Oct 29, 2026, 01:15AM. All information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2026 NORIS. All rights reserved.
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