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Under contract
  • $99,900

    39 Garfield Pl, Toledo, OH 43605

    5beds
    3baths
    2,758sqft
    : 
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    Triplex
    Built in 1907
    -- sqft lot
    $-- Zestimate®
    $36/sqft
    $-- HOA

    What's special

    Investor Special - Value-Add Triplex with Strong Cash Flow Potential! Attention investors looking to expand their rental portfolio with a value-add opportunity! This triplex offers immediate income with one unit already leased at $625/month, while the remaining two vacant units provide the opportunity to significantly increase monthly cash flow. The additional units have projected rental potential of approximately $625/month for the 1-bedroom unit and $850/month for the 3-bedroom unit once updated. This is an older property with solid upside for the right investor willing to put in some work. Estimated renovation costs for the vacant units are approximately $12,000-$15,000, creating a strong opportunity to build equity and boost rental income. Property is priced approximately $30,000 below its potential after-repair value, making this an attractive investment for cash flow and long-term appreciation. (WARNING! These numbers are just estimates and you should rely on your contractors and Realtor for their professional opinion) Located in an area that may not be considered prime, but investors who understand numbers and opportunity will recognize the potential this property brings. Whether you are looking for a buy-and-hold rental, a portfolio addition, or a value-add project, this triplex deserves a look. Opportunities like this at this price point do not last long—schedule your showing today!
    59 days
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    33
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    David Garcia 419-464-5106,

    Key Realty LTD

    Source: NORIS,MLS#: 10007849

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Laundry: None
      Features
      • Other
      • Flooring: Carpet, Wood, Linoleum
      • Basement: Block
      Interior area
      • Total structure area: 2,758
      • Total interior livable area: 2,758 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage
      • Garage spaces: 2
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 91X47
      • Features: Other
      Details
      • Parcel number: 1007551

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Vinyl Siding
      • Foundation: Block
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1907

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Toledo

      Financial & listing details

      • Price per square foot: $36/sqft
      • Tax assessed value: $61,500
      • Annual tax amount: $1,636
      • Date on market: 5/15/2026
      • Listing terms: Cash,Conventional
      • Lease term: Month To Month
      • Tenant pays: Electricity, Gas
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $919/mo

        Price history

        DateEventPrice
        5/27/2026Contingent$99,900$36/sqft
        Source: NORIS #10007849 Report a problem
        5/16/2026Listed for sale$99,900+53.7%$36/sqft
        Source: NORIS #10007849 Report a problem
        8/8/2024Sold$65,000+30.3%$24/sqft
        Source: Public Record Report a problem
        7/6/2021Listing removed--
        Source: NORIS #6060174 Report a problem
        5/24/2021Listed for sale$49,900$18/sqft
        Source: NORIS #6060174 Report a problem
        5/21/2021Contingent$49,900$18/sqft
        Source: NORIS #6060174 Report a problem
        5/18/2021Listed for sale$49,900$18/sqft
        Source: NORIS #6060174 Report a problem
        4/21/2021Contingent$49,900$18/sqft
        Source: NORIS #6060174 Report a problem
        4/13/2021Listed for sale$49,900$18/sqft
        Source: NORIS #6060174 Report a problem
        4/6/2021Contingent$49,900$18/sqft
        Source: NORIS #6060174 Report a problem
        1/25/2021Price change$49,900-4%$18/sqft
        Source: NORIS #6060174 Report a problem
        10/15/2020Listed for sale$52,000$19/sqft
        Source: Loss Realty Group #6060174 Report a problem
        9/25/2020Pending sale$52,000$19/sqft
        Source: Loss Realty Group #6060174 Report a problem
        9/21/2020Price change$52,000+62.5%$19/sqft
        Source: Loss Realty Group #6060174 Report a problem
        10/11/2014Listed for sale$32,000-16.9%$12/sqft
        Source: City Trends Realty #5079410 Report a problem
        8/11/2014Listing removed$38,500$14/sqft
        Source: City Trends Realty #5066098 Report a problem
        12/21/2013Listed for sale$38,500-7.9%$14/sqft
        Source: City Trends Realty #5066098 Report a problem
        9/27/2006Sold$41,800$15/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,636 +2.5%$21,525
        2024$1,597 +7.8%$21,525 +7.1%
        2023$1,481 -0.5%$20,090
        2022$1,489 -1.6%$20,090
        2021$1,514 +1.6%$20,090 +18.1%
        2020$1,490 +107.4%$17,010
        2019$718 -50.6%$17,010
        2018$1,454 -1.1%$17,010 +2.3%
        2017$1,471 -1.8%$16,625 -65%
        2016$1,498 +0.4%$47,500
        2015$1,491 +38.7%$47,500 +185.6%
        2014$1,075 $16,630
        2013$1,075 +4.1%$16,630
        2012$1,032 -8.6%$16,630 +2.3%
        2011$1,129 -0.9%$16,250
        2010$1,140 -3%$16,250
        2009$1,174 +1.8%$16,250 -10.9%
        2008$1,153 +3.9%$18,240
        2007$1,110 +2.6%$18,240
        2006$1,081 +35.8%$18,240 +12.8%
        2004$796 -0.3%$16,170
        2003$799 -23.9%$16,170
        2002$1,049 +30.7%$16,170
        2001$803 -43.4%$16,170
        2000$1,418 $16,170
        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: East Toledo

        Getting around

        75 / 100
        Very Walkable
        53 / 100
        Bikeable

        Nearby schools

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