Cash-flow opportunity in Toledo, Ohio 2 (potentially 3-bedroom), 1-bathroom bungalow at 1617 Mulberry Street, Toledo, OH 43608. This 1156 square-foot rental-ready property features an updated kitchen, updated bathroom with tub/shower combo, fresh interior paint, and newer carpet. Move-in ready with no deferred maintenance work required before placing a tenant. Current area rent rates range from $800 to $1,150 per month, offering investors a strong gross rent-to-price ratio in a stabilizing Toledo neighborhood. The adjacent vacant lot is not included but is a bonus value and separation from neighboring properties. Situated near Mulberry Park and Greenbelt Parkway with close access to I-280, the location provides tenants convenient connectivity to Toledo employment centers, retail corridors, and Northwest Ohio commuter routes.
Under contract
$54,900
1617 Mulberry St, Toledo, OH 43608
2beds
1,156sqft
Single Family Residence
Built in 1892
3,484 Square Feet Lot
$-- Zestimate®
$47/sqft
$-- HOA
What's special
- 80 days |
- 17 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Richard A. Turner 419-283-7425,
Key Realty
Source: NORIS,MLS#: 10007189
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 2
- Level: Main
- Dimensions: 9 x 11
Other
- Features: Ceiling Fan(s)
- Level: Main
- Dimensions: 12 x 17
Den
- Level: Main
- Dimensions: 11 x 10
Dining room
- Features: Ceiling Fan(s)
- Level: Main
- Dimensions: 12 x 15
Kitchen
- Level: Main
- Dimensions: 10 x 13
Living room
- Features: Ceiling Fan(s)
- Level: Main
- Dimensions: 11 x 15
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Refrigerator, Other
- Laundry: In Basement
Features
- Ceiling Fan(s)
- Flooring: Carpet, Vinyl
- Basement: Partial,Unfinished
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,156
- Total interior livable area: 1,156 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Fencing: Privacy
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 3,484 Square Feet
- Dimensions: 31x110
Details
- Additional structures: Garage(s)
- Parcel number: 1881114
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Traditional
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1892
Details
- Warranty included: Yes
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Toledo
Financial & listing details
- Price per square foot: $47/sqft
- Tax assessed value: $27,500
- Annual tax amount: $879
- Date on market: 5/16/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$907/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Contingent | $54,900$47/sqft |
Source: NORIS #10007189 Report a problem | ||
| 5/16/2026 | Listed for sale | $54,900$47/sqft |
Source: NORIS #10007189 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $879 +20.5% | $9,625 |
| 2024 | $729 +4.4% | $9,625 +9.1% |
| 2023 | $699 -0.3% | $8,820 |
| 2022 | $701 -0.5% | $8,820 |
| 2021 | $705 +4.2% | $8,820 +18.3% |
| 2020 | $676 -81.9% | $7,455 |
| 2019 | $3,741 +477% | $7,455 |
| 2018 | $648 -4.9% | $7,455 +2.4% |
| 2017 | $682 +2.3% | $7,280 -65% |
| 2016 | $666 +1.8% | $20,800 |
| 2015 | $655 -4.6% | $20,800 +185.7% |
| 2014 | $687 +50% | $7,280 |
| 2013 | $458 +4.2% | $7,280 |
| 2012 | $439 -5.4% | $7,280 +18.8% |
| 2011 | $464 +2.6% | $6,130 |
| 2010 | $453 -37.6% | $6,130 |
| 2009 | $725 -13.2% | $6,130 -20.1% |
| 2008 | $836 -25% | $7,670 |
| 2007 | $1,114 +56.3% | $7,670 |
| 2006 | $712 +136.2% | $7,670 +82.6% |
| 2004 | $302 +49.5% | $4,200 |
| 2003 | $202 -54.6% | $4,200 +21% |
| 2002 | $445 +77% | $3,470 |
| 2001 | $251 -17.4% | $3,470 |
| 2000 | $304 | $3,470 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: La Grange
Nearby schools
GreatSchools rating
- 3/10Spring Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Woodward High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Spring
- High: Woodward
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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A local agent can set up tours, give advice and negotiate with sellers.
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