For sale

$369,900

1356 N Cove Blvd, Toledo, OH 43606

11beds

6baths

8,184sqft

$2,677/mo

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Multi Family

Built in 1951

-- sqft lot

$355,200 Zestimate^®

$45/sqft

$-- HOA

What's special

Excellent investment opportunity in Toledo! This all-brick 6-unit apartment building offers strong upside, with current rents significantly below market and multiple ways to increase income. Two units are currently operated as furnished Airbnbs, each generating approximately $1,200 per month and backed by very strong rental histories, showing the potential to expand the short-term rental model to additional units. The property includes a mix of unit layouts, including one 1-bedroom/1-bath unit, and also features coin-operated laundry that brings in approximately $155 per month in additional income. With solid brick construction, proven furnished Airbnb performance, below-market rents, and multiple income streams, this property is ideal for an investor looking to add value, increase cash flow, and build long-term equity through rent increases, expanded short-term rental use, or continued multifamily operation.

55 days

562

47

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 6

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Water Heater, Dryer, Washer
Laundry: See Remarks

Features

Entrance Foyer
Flooring: Carpet, Hardwood
Has basement: No

Interior area

Total structure area: 8,184
Total interior livable area: 8,184 sqft

Video & virtual tour

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Property

Parking

Parking features: Off Street, Parking Lot, Additional Parking, Oversized

Features

Levels: Tri-Level

Lot

Size: 6,534 Square Feet
Dimensions: 83X84
Features: Irregular Lot

Details

Additional parcels included: 1311 Central Ave
Parcel number: 1842301

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1951

Utilities & green energy

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

Community

Subdivision: None

Location

Region: Toledo

Financial & listing details

Price per square foot: $45/sqft
Date on market: 7/1/2026
Listing terms: Cash,Conventional
Lease term: Month To Month,Short Term Lease
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Estimated market value

$355,200

$334,000 - $373,000

$1,106/mo

Price history

Date	Event	Price
7/1/2026	Listed for sale	$369,900$45/sqft
Source: NORIS #10008660 Report a problem
6/30/2026	Pending sale	$369,900$45/sqft
Source: NORIS #10008660 Report a problem
6/22/2026	Listed for sale	$369,900$45/sqft
Source: NORIS #10008660 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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