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$85,900
Monthly Est:$428
3 Beds
-- Bath
1,758sqft
451 5Th St, Toledo, OH 43605
$85,900
$428/moEst:
Get Pre-Approved
Apartment
Built in 1879
$-- HOA
0.07 acre lot
$49/sq.ft
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: July 28, 2026 at 4:19 pm
- Listing Provided by: Keyana Sade Grace (419) 574-8444 | Howard Hanna (419) 535-0011
- Source: Northwest Ohio Real Estate Information System (NORIS), Maumee, OH | MLS#: 6135976
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1879
HOA Fees
-
Finished Area
1,758 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
Northwest Ohio Real Estate Information System (NORIS), Maumee, OH
MLS Number
6135976
MLS Status
Active
Days on Market
112
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathroom: --
Interior
Cooling
None
Sewer
Sanitary Sewer
Appliances
Water Heater, Refrigerator
Heating
Electric, Radiant
Flooring
Other
Construction
Year Built
Year Built: 1879
Home type
Apartment
Construction Materials
Aluminum Siding, Steel Siding, Wood Siding
Roof
Shingle
Utilities & Energy
Water Source
Public
Basement
Partial
Parking Features
None
Other Features
Disclosures
Lead Based Paint Disclosure, Property Disclosure
Subdivision Name
None
Tenant Pays
Electricity, Lawn Care, Snow Removal
Price History
| Date | Event | Price |
|---|---|---|
05/27/2026 Source: | Listed for Sale | $85,900 -4.55% $49/sqft |
05/27/2026 Source: | Price Increased | $89,999 +4.77% $51/sqft |
05/27/2026 Source: | Price Decreased | $85,900 -4.55% $49/sqft |
05/15/2026 Source: | Pending | $89,999 -16.59% $51/sqft |
09/19/2025 Source: | Off Market | $107,900 $61/sqft |
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Based on information from the Northwest Ohio Real Estate Information Systems, Inc. Multiple Listing Service through Sep 16, 2026, 06:15AM. 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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