Exceptional turnkey investment opportunity featuring a well-maintained 6-unit multifamily property generating $4,235/month at full occupancy. This income-producing asset provides strong cash flow potential with several long-term tenants in place and a proven rental history. Property improvements include updated plumbing, multiple renovated kitchens, and convenient attic storage lockers for tenant use. A rare opportunity to add a stabilized multifamily property to your portfolio.
For sale
Price increase: $4.9K (5/18)
$319,900
4857 Lewis Ave, Toledo, OH 43612
6beds
6baths
2,880sqft
Multi Family
Built in 1929
-- sqft lot
$310,600 Zestimate®
$111/sqft
$-- HOA
What's special
Updated plumbingMultiple renovated kitchensConvenient attic storage lockers
- 61 days |
- 304 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Alexander Friesner 419-356-7406,
The Danberry Co
Source: NORIS,MLS#: 10007906
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Boiler
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
- Laundry: In Basement, Coin Laundry
Features
- Other
- Flooring: Combination, Hardwood
- Basement: Interior Entry
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Concrete, Off Street, On Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Patio & porch: Front Porch
- Exterior features: Balcony, Other
Lot
- Size: 0.46 Acres
- Dimensions: 5798
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: 0962464
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Lewis Heights
Location
- Region: Toledo
Financial & listing details
- Price per square foot: $111/sqft
- Date on market: 5/18/2026
- Listing terms: Cash,Conventional
- Lease term: Month To Month,12 Months
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$310,600
$295,000 - $326,000
$1,155/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Price change | $319,900+1.6%$111/sqft |
Source: NORIS #10007906 Report a problem | ||
| 8/1/2024 | Pending sale | $315,000+9%$109/sqft |
Source: NORIS #6114604 Report a problem | ||
| 7/31/2024 | Sold | $289,000-8.3%$100/sqft |
Source: NORIS #6114604 Report a problem | ||
| 5/30/2024 | Contingent | $315,000$109/sqft |
Source: NORIS #6114604 Report a problem | ||
| 5/23/2024 | Listed for sale | $315,000$109/sqft |
Source: NORIS #6114604 Report a problem | ||
| 5/16/2024 | Contingent | $315,000$109/sqft |
Source: NORIS #6114604 Report a problem | ||
| 5/3/2024 | Listed for sale | $315,000+54.4%$109/sqft |
Source: NORIS #6114604 Report a problem | ||
| 11/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/31/2023 | Listed for rent | $695+40.4% |
Source: Zillow Rentals Report a problem | ||
| 5/12/2022 | Sold | $204,000-18.4%$71/sqft |
Source: NORIS #6085400 Report a problem | ||
| 5/3/2022 | Pending sale | $250,000$87/sqft |
Source: NORIS #6085400 Report a problem | ||
| 4/19/2022 | Listed for sale | $250,000$87/sqft |
Source: NORIS #6085400 Report a problem | ||
| 3/11/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/2/2021 | Listed for rent | $495 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Five Points
Nearby schools
GreatSchools rating
- 4/10Larchmont Elementary SchoolGrades: K-8Distance: 0.6 mi
- 1/10Start High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Whittier
- High: Start
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.
A local lender can help you make sure your offer is ready when you are.
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