Cash buyers only! Value-add triplex with strong upside potential. Unit #3 is fully renovated (2025) and leased at $550/month expires April 2027. The two lower units are vacant, partially updated, and require a light-to-moderate turn. Projected stabilized gross rent of approximately $1,700/month when fully occupied. Main roof over the upper unit replaced in Summer 2024. Separately metered electric (tenant-paid); water is shared among tenants (33% each). Remaining value-add work includes completing approximately half of the exterior siding, porch repairs, and turning the lower units.
For sale
Price cut: $4.1K (7/22)
$85,900
451 5th St, Toledo, OH 43605
3beds
3baths
1,758sqft
Multi Family
Built in 1879
-- sqft lot
$-- Zestimate®
$49/sqft
$-- HOA
What's special
Porch roof
- 347 days
- 204
- 16
Zillow last checked:
Listing updated:
Listed by:
Keyana Sade Grace 419-574-8444,
Howard Hanna
Source: NORIS,MLS#: 6135976
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Electric, Radiant
Cooling
- None
Appliances
- Included: Water Heater, Refrigerator
Features
- Flooring: Other
- Basement: Partial
Interior area
- Total structure area: 1,758
- Total interior livable area: 1,758 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: One
Lot
- Size: 3,484 Square Feet
- Dimensions: 3,267
Details
- Parcel number: 1702275
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Steel Siding, Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1879
Utilities & green energy
- Sewer: Sanitary Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Toledo
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $26,400
- Annual tax amount: $958
- Date on market: 5/27/2026
- Listing terms: Cash
- Lease term: 12 Months
- Total actual rent: 1700
- Tenant pays: Electricity, Lawn Care, Snow Removal
Estimated market value
Not available
Estimated sales range
Not available
$1,009/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $85,900-4.6%$49/sqft |
Source: NORIS #6135976 Report a problem | ||
| 5/27/2026 | Listed for sale | $89,999$51/sqft |
Source: NORIS #6135976 Report a problem | ||
| 5/15/2026 | Pending sale | $89,999$51/sqft |
Source: NORIS #6135976 Report a problem | ||
| 3/2/2026 | Price change | $89,999-15%$51/sqft |
Source: NORIS #6135976 Report a problem | ||
| 12/8/2025 | Price change | $105,900-1.9%$60/sqft |
Source: NORIS #6135976 Report a problem | ||
| 9/19/2025 | Listed for sale | $107,900+217.4%$61/sqft |
Source: NORIS #6135976 Report a problem | ||
| 11/18/2024 | Sold | $34,000-53.4%$19/sqft |
Source: NORIS #6119320 Report a problem | ||
| 11/13/2024 | Pending sale | $72,888$41/sqft |
Source: NORIS #6119320 Report a problem | ||
| 10/27/2024 | Contingent | $72,888$41/sqft |
Source: NORIS #6119320 Report a problem | ||
| 9/19/2024 | Price change | $72,888-7.6%$41/sqft |
Source: NORIS #6119320 Report a problem | ||
| 9/13/2024 | Listed for sale | $78,888$45/sqft |
Source: NORIS #6119320 Report a problem | ||
| 9/3/2024 | Contingent | $78,888$45/sqft |
Source: NORIS #6119320 Report a problem | ||
| 8/20/2024 | Listed for sale | $78,888+97.8%$45/sqft |
Source: NORIS #6119320 Report a problem | ||
| 12/15/2021 | Listing removed | -- |
Source: NORIS #6071952 Report a problem | ||
| 12/14/2021 | Listed for sale | $39,888$23/sqft |
Source: NORIS #6071952 Report a problem | ||
| 11/30/2021 | Contingent | $39,888$23/sqft |
Source: NORIS #6071952 Report a problem | ||
| 9/27/2021 | Listed for sale | $39,888+398.6%$23/sqft |
Source: NORIS #6071952 Report a problem | ||
| 1/1/2021 | Sold | $8,000$5/sqft |
Source: NORIS #6058398 Report a problem | ||
| 10/14/2020 | Pending sale | $8,000$5/sqft |
Source: LaPlante Real Estate, LLC #6058398 Report a problem | ||
| 10/7/2020 | Listed for sale | $8,000$5/sqft |
Source: LaPlante Real Estate, LLC #6058398 Report a problem | ||
| 10/1/2020 | Pending sale | $8,000$5/sqft |
Source: LaPlante Real Estate, LLC #6058398 Report a problem | ||
| 9/18/2020 | Price change | $8,000-38.5%$5/sqft |
Source: LaPlante Real Estate, LLC #6058398 Report a problem | ||
| 9/11/2020 | Price change | $13,000-13.3%$7/sqft |
Source: LaPlante Real Estate, LLC #6058398 Report a problem | ||
| 8/14/2020 | Listed for sale | $15,000$9/sqft |
Source: LaPlante Real Estate, LLC #6058398 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $958 -11.7% | $9,240 |
| 2024 | $1,085 +39.1% | $9,240 +47.5% |
| 2023 | $780 -0.5% | $6,265 |
| 2022 | $784 -16.6% | $6,265 |
| 2021 | $940 +78% | $6,265 +20.9% |
| 2020 | $528 +4.6% | $5,180 |
| 2019 | $505 -1.9% | $5,180 |
| 2018 | $515 -0.1% | $5,180 +2.1% |
| 2017 | $516 -3.5% | $5,075 -65% |
| 2016 | $534 +0% | $14,500 |
| 2015 | $534 | $14,500 |
| 2014 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: East Toledo
Nearby schools
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