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For sale
    • Price cut: $9K (5/29)
    $80,000

    1525 Kelsey Ave, Toledo, OH 43605

    4beds
    4baths
    2,028sqft
    : 
    $617/mo
    Get pre-qualified
    Duplex
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $39/sqft
    $-- HOA

    What's special

    This property is being sold as part of a 34-unit portfolio. In-place cap is ~9.4%, pro forma cap is ~11.0%, and occupancy is 100%. Asking price for the full 34-unit portfolio is $2.42M. Seller will consider selling less than the entire portfolio; package offers must total at least $500,000 in properties. No creative financing. The full portfolio list can be found in the attachments. Properties are occupied and photos are from the last time each was vacant.
    308 days
    |
    127
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Strehl 419-540-1905,

    Rylan Realty Group Ltd

    Source: NORIS,MLS#: 6136688

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Water Heater
      Features
      • Basement: Full
      Interior area
      • Total structure area: 2,028
      • Total interior livable area: 2,028 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Concrete, Gated, Detached Garage, Driveway
      • Garage spaces: 4
      • Has uncovered spaces: Yes
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 3,600
      • Features: Corner Lot
      Details
      • Parcel number: 0712054

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Aluminum Siding, Steel Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1916

      Utilities & green energy

      • Sewer: Sanitary Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Hicks Farm
      Location
      • Region: Toledo

      Financial & listing details

      • Price per square foot: $39/sqft
      • Tax assessed value: $24,800
      • Annual tax amount: $791
      • Date on market: 10/1/2025
      • Listing terms: Cash,Conventional
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,002/mo

        Price history

        DateEventPrice
        5/29/2026Price change$80,000-10.1%$39/sqft
        Source: NORIS #6136688 Report a problem
        1/14/2026Price change$89,000-12.7%$44/sqft
        Source: NORIS #6136688 Report a problem
        11/10/2025Price change$102,000-11.3%$50/sqft
        Source: NORIS #6136688 Report a problem
        10/14/2025Listed for sale$115,000+144.9%$57/sqft
        Source: NORIS #6136688 Report a problem
        8/27/2025Listing removed$795
        Source: Zillow Rentals Report a problem
        8/14/2025Price change$795-20.3%
        Source: Zillow Rentals Report a problem
        8/10/2025Price change$997+25.4%
        Source: Zillow Rentals Report a problem
        8/4/2025Price change$795-6.5%
        Source: Zillow Rentals Report a problem
        8/1/2025Listed for rent$850+3%
        Source: Zillow Rentals Report a problem
        5/5/2024Listing removed--
        Source: Zillow Rentals Report a problem
        4/25/2024Listed for rent$825
        Source: Zillow Rentals Report a problem
        4/24/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/11/2024Listed for rent$825+26.9%
        Source: Zillow Rentals Report a problem
        7/21/2023Sold$46,964+87.9%$23/sqft
        Source: NORIS #6098272 Report a problem
        3/20/2023Listing removed--
        Source: RE/MAX International Report a problem
        2/20/2023Listed for sale$25,000$12/sqft
        Source: RE/MAX International Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        10/15/2019Listing removed$650
        Source: Owner Report a problem
        9/14/2019Listed for rent$650+4%
        Source: Owner Report a problem
        6/12/2018Listing removed$625
        Source: Owner Report a problem
        5/12/2018Listed for rent$625
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$791 -14%$8,680
        2024$919 +8%$8,680 -10.1%
        2023$851 +0.1%$9,660
        2022$850 +2%$9,660
        2021$833 -0.4%$9,660 +20.5%
        2020$837 +4.9%$8,015
        2019$798 -1%$8,015
        2018$806 +25.5%$8,015 +52.7%
        2017$642 -0.1%$5,250 -65%
        2016$643 +4.3%$15,000
        2015$616 +81.3%$15,000 +185.2%
        2014$340 $5,260
        2013$340 +4.1%$5,260
        2012$326 -74.3%$5,260 -73.4%
        2011$1,272 +0.7%$19,780
        2010$1,263 -3.5%$19,780
        2009$1,309 -2.4%$19,780 -11%
        2008$1,341 +4.3%$22,230
        2007$1,286 +3%$22,230
        2006$1,249 +144.5%$22,230 +114.4%
        2004$511 -0.3%$10,370
        2003$512 -28.2%$10,370
        2002$714 +38.6%$10,370
        2001$515 -43.4%$10,370
        2000$909 $10,370
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: East Toledo

        Getting around

        51 / 100
        Somewhat Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Raymer
        • High: Waite

        Source: NORIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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