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For sale
  • Price increase: $29.9K (6/19)
    $119,900

    1547 Air Line Ave, Toledo, OH 43609

    4beds
    2baths
    1,248sqft
    : 
    $925/mo
    Get pre-qualified
    Duplex
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $96/sqft
    $-- HOA

    What's special

    Income-Producing Duplex - Investment Package Available Excellent opportunity to acquire a cash-flowing duplex with long-term tenants already in place. Both units are leased at $700 per month, generating $1,400 in monthly rental income, with leases secured through March 2027 for predictable returns and minimal vacancy concerns. Recent updates completed in 2024 include new windows and flooring, adding value while reducing near-term maintenance expenses. This well-performing property is ideal for investors seeking stable income and a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1038 Prouty, offering the opportunity to expand your investment portfolio with multiple income-producing properties.
    44 days
    |
    156
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Max Fields 419-614-6987,

    LPG Realty

    Source: NORIS,MLS#: 10009043

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Other
      • Laundry: Other
      Features
      • Other
      • Flooring: Carpet
      • Has basement: Yes
      Interior area
      • Total structure area: 1,248
      • Total interior livable area: 1,248 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Concrete
      Features
      • Levels: Multi/Split
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 81 FF
      • Features: Other
      Details
      • Parcel number: 0327164

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Vinyl Siding
      • Foundation: Other
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1912

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Toledo

      Financial & listing details

      • Price per square foot: $96/sqft
      • Tax assessed value: $31,000
      • Annual tax amount: $1,000
      • Date on market: 6/19/2026
      • Listing terms: Cash,Conventional
      • Lease term: Other
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $997/mo

        Price history

        DateEventPrice
        6/19/2026Price change$119,900+33.2%$96/sqft
        Source: NORIS #10009043 Report a problem
        9/22/2023Pending sale$90,000+3.4%$72/sqft
        Source: NORIS #6105125 Report a problem
        9/21/2023Sold$87,000-3.3%$70/sqft
        Source: NORIS #6105125 Report a problem
        8/8/2023Contingent$90,000$72/sqft
        Source: NORIS #6105125 Report a problem
        8/5/2023Listed for sale$90,000+12.5%$72/sqft
        Source: NORIS #6105125 Report a problem
        4/5/2023Listing removed--
        Source: NORIS #6098652 Report a problem
        3/17/2023Pending sale$80,000$64/sqft
        Source: NORIS #6098652 Report a problem
        3/12/2023Price change$80,000-11.1%$64/sqft
        Source: NORIS #6098652 Report a problem
        3/4/2023Listed for sale$90,000+200%$72/sqft
        Source: NORIS #6098652 Report a problem
        2/18/2022Sold$30,000-24.8%$24/sqft
        Source: NORIS #6079058 Report a problem
        1/24/2022Pending sale$39,900$32/sqft
        Source: NORIS #6079058 Report a problem
        11/28/2021Listed for sale$39,900$32/sqft
        Source: NORIS #6079058 Report a problem
        11/16/2021Pending sale$39,900$32/sqft
        Source: NORIS #6079058 Report a problem
        10/21/2021Listed for sale$39,900+38.1%$32/sqft
        Source: NORIS #6079058 Report a problem
        7/1/2015Listing removed$28,900$23/sqft
        Source: RE/MAX Masters #5048549 Report a problem
        10/14/2012Listed for sale$28,900$23/sqft
        Source: Re/Max Masters #5048549 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,000 +1.7%$10,850
        2024$984 +6%$10,850 +12.7%
        2023$928 -0.9%$9,625
        2022$936 0%$9,625
        2021$937 -1.8%$9,625 +20.1%
        2020$954 +5.4%$8,015
        2019$905 -2.6%$8,015
        2018$930 +1.4%$8,015 +2.2%
        2017$917 +26.1%$7,840 -64.7%
        2016$727 +0.3%$22,200
        2015$725 +44.3%$22,200 +185.7%
        2014$502 $7,770
        2013$502 +4.1%$7,770
        2012$482 -26.5%$7,770 -19%
        2011$656 -0.8%$9,590
        2010$661 -2.9%$9,590
        2009$681 -0.4%$9,590 -13.1%
        2008$684 +4%$11,030
        2007$658 +2.6%$11,030
        2006$641 +40.2%$11,030 +18.9%
        2004$457 -0.3%$9,280
        2003$458 -8.3%$9,280 +23.9%
        2002$500 +34.4%$7,490
        2001$372 -43.4%$7,490
        2000$657 $7,490
        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.

        Climate risks

        Neighborhood: South Side

        Getting around

        31 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Burroughs
        • High: Bowsher

        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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