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For sale
  • Price cut: $10K (8/1)
    $39,900

    3201 Warsaw St, Toledo, OH 43608

    4beds
    2baths
    5,621sqft
    Duplex
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $7/sqft
    $-- HOA

    What's special

    Two residential apartments above
    Unlock the potential of this mixed-use investment opportunity located at 3201 Warsaw Ave, Toledo, OH 43608. This versatile property features a street-level commercial storefront/shop with two residential apartments above, offering an excellent opportunity for investors, entrepreneurs, or owner-occupants looking to generate multiple income streams. The commercial space offers outstanding visibility along Warsaw Avenue with ample exposure to neighborhood traffic, making it well suited for a variety of retail, office, service, or specialty business uses. Above the storefront are two apartments that provide additional rental income potential, creating the opportunity for three separate revenue-producing units under one roof. While the property does require some TLC and updates, it presents an exceptional value-add opportunity for investors looking to renovate and increase cash flow. Whether your vision is to restore the building to its former charm, modernize the commercial space, or renovate the apartments to maximize rental income, the possibilities are plentiful. Conveniently situated in North Toledo, the property offers quick access to I-75, I-280, and the Veterans' Glass City Skyway, providing excellent connectivity throughout the Toledo metropolitan area and neighboring communities. The location is just minutes from Downtown Toledo, the Port of Toledo, and major employers throughout the region, making it attractive for both commercial tenants and residential renters. Residents and visitors will appreciate the property's proximity to popular destinations including Promenade Park, the Toledo Museum of Art, the Huntington Center, Fifth Third Field, and the nationally recognized Toledo Zoo & Aquarium. Nearby shopping, restaurants, schools, parks, and public transportation further enhance the property's appeal. Whether you're an experienced investor seeking your next value-add project, a business owner looking to occupy the commercial space while generating rental income, or someone looking to expand a real estate portfolio, this mixed-use property offers tremendous upside at an affordable price. Bring your vision, build equity, and capitalize on the income-producing potential this unique property has to offer.
    35 days
    368
    32

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Novinsky 419-283-7306,

    Key Realty

    Source: NORIS,MLS#: 10011356

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Natural Gas, Other
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Water Heater
      • Laundry: Other
      Features
      • Other
      • Flooring: Other
      • Has basement: No
      Interior area
      • Total structure area: 5,621
      • Total interior livable area: 5,621 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Driveway
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 28X122
      • Features: Corner Lot
      Details
      • Parcel number: 1203551

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Brick
      • Foundation: Crawl Space, Slab
      • Roof: Flat
      Condition
      • New construction: No
      • Year built: 1912

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Parkland Addn.
      Location
      • Region: Toledo

      Financial & listing details

      • Price per square foot: $7/sqft
      • Tax assessed value: $49,200
      • Annual tax amount: $1,888
      • Date on market: 8/25/2026
      • Listing terms: Cash,Conventional
      • Lease term: Month To Month
      • Total actual rent: 800
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,017/mo

        Price history

        DateEventPrice
        8/25/2026Listed for sale$39,900$7/sqft
        Source: NORIS #10011356 Report a problem
        8/12/2026Pending sale$39,900$7/sqft
        Source: NORIS #10011356 Report a problem
        8/1/2026Price change$39,900-20%$7/sqft
        Source: NORIS #10011356 Report a problem
        2/26/2026Price change$49,900-15.4%$9/sqft
        Source: NORIS #6134988 Report a problem
        1/7/2026Price change$59,000-11.9%$10/sqft
        Source: NORIS #6134988 Report a problem
        11/17/2025Price change$67,000-9.5%$12/sqft
        Source: NORIS #6134988 Report a problem
        10/14/2025Price change$74,000-5.1%$13/sqft
        Source: NORIS #6134988 Report a problem
        8/29/2025Listed for sale$78,000+102.6%$14/sqft
        Source: NORIS #6134988 Report a problem
        10/20/2004Sold$38,500+54%$7/sqft
        Source: Public Record Report a problem
        4/25/2002Sold$25,000$4/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,888 +10.1%$17,220
        2024$1,714 +90.9%$17,220 +205.6%
        2023$898 +17.4%$5,635
        2022$765 +2.2%$5,635
        2021$749 -4.8%$5,635 +5.2%
        2020$786 +2.8%$5,355
        2019$765 +0.5%$5,355
        2018$761 -1.3%$5,355
        2017$771 -0.5%$5,355 -65%
        2016$774 +3%$15,300
        2015$752 +57.8%$15,300 +185.4%
        2014$477 $5,360
        2013$477 -91.7%$5,360
        2011$5,751 +27.6%$5,360
        2010$4,508 +26.1%$5,360
        2009$3,576 +73.1%$5,360
        2008$2,066 +52.5%$5,360
        2007$1,355 -13.5%$5,360 -71.4%
        2006$1,566 +42.8%$18,760 +72.7%
        2004$1,097 +51.9%$10,860 +4%
        2003$722 -16.8%$10,440
        2002$868 +30.8%$10,440
        2001$664 -27.5%$10,440
        2000$916 $10,440
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: La Grange

        Getting around

        69 / 100
        Somewhat Walkable
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Sherman
        • 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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