Gorrell Bros. Auctioneers & Real Estate

1721 Walnut Street, Toledo, OH 43608 (MLS # 10001112)

Price $240,000
Status Active
Beds 9
Baths 0 Bath
Home size 4,000 sqft
Lot Size n/a
Days on Market 1
Fully updated multi-unit property with extensive renovations inside and out. Improvements include a new roof, new siding, fully renovated interiors with new appliances, flooring, carpet, and fresh paint. Shared laundry added in the basement for tenant convenience. Projected gross rent is $3,300/month once fully occupied. Tenants pay their own utilities; owner covers taxes, water, and insurance. Estimated NOI: $26,380/year, making this a strong cash-flowing investment from day one. Located in a growing area with upside potential. Ideal for investors or owner-occupants seeking a turnkey property with long-term value.
Property Type(s): Multi Family
Last Updated 11/6/2025 Tract Elm Street Addn.
Year Built 1902 County Lucas

SCHOOLS

Elementary School Sherman
Jr. High School None
High School Woodward

Additional Details

AIR None
APPLIANCES None
BASEMENT Partial, Unfinished, Yes
CONSTRUCTION Vinyl Siding
HEAT Forced Air
INTERIOR Other
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 5,312
PARKING Off Street
SEWER Public Sewer
STORIES 2
SUBDIVISION Elm Street Addn.
UTILITIES Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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.

Copyright 2025 NORIS. All rights reserved.

Data last updated: 11/7/25 12:46 AM PST

This IDX solution is (c) Diverse Solutions 2025.

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