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This well-maintained, all-brick 4-plex has been professionally managed and consistently attracts tenants thanks to its prime location and modern updates. The building features a balanced unit mix: two spacious 2-bedroom apartments, one 1-bedroom, and one studio"”making it both versatile and easy to rent. Each unit has been tastefully remodeled with thoughtful updates that today's renters love. The property is all-electric, with tenants responsible for their own utilities, keeping expenses simple and predictable for the owner. Current rents are strong: Unit 1: $635/month Unit 2: $1,030/month Unit 3: $995/month. Unit 4: Vacant. With reliable income, excellent proximity to the University of Toledo, and quality improvements already in place, this property is a turn-key addition to any portfolio. Don't miss your chance to own a solid, cash-flowing asset in one of Toledo's most desirable rental corridors!
Property Type(s):
	Multi Family
			| Last Updated | 10/22/2025 | Tract | Bancroft Hills | 
|---|---|---|---|
| Year Built | 1938 | County | Lucas | 
SCHOOLS
| Elementary School | Old Orchard | 
|---|---|
| Jr. High School | None | 
| High School | Start | 
Additional Details
| AIR | Wall Unit(s) | 
|---|---|
| AIR CONDITIONING | Yes | 
| APPLIANCES | Electric Range, Refrigerator | 
| BASEMENT | Full, Yes | 
| CONSTRUCTION | Brick | 
| HEAT | Electric | 
| INTERIOR | Storage | 
| LOT | 5663 sq ft | 
| LOT DESCRIPTION | Other | 
| LOT DIMENSIONS | 40 FF | 
| PARKING | Asphalt, Off Street, Paved | 
| SEWER | Public Sewer | 
| STORIES | 2 | 
| SUBDIVISION | Bancroft Hills | 
| UTILITIES | Electricity Available, Sewer Available | 
| WATER | Public | 
Location
    Listed with LPG Realty
	The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than Gorrell Bros Auctioneers and Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Listing information is deemed reliable, but not guaranteed.
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Data last updated: 11/4/25 4:13 AM PST
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