26 Terrace Downs Street, Toledo, OH 43614 (MLS # 10002242)
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Excellent investment opportunity in South Toledo! This 4-unit multi-family property generates $2,008/month with 3 of 4 units currently occupied and a potential of $2,678/month when fully leased. Each unit offers 1 bedroom, 1 bath, and has been updated with fresh paint, newer flooring, and modern touches throughout. Three units feature newer furnaces, and one includes a new mini-split system for efficient heating and cooling. Tenants are in term leases and have passed credit and background checks. The property backs up to Pickford Park, offering a pleasant setting with easy access to downtown Toledo, Maumee, and Rossford. Close to restaurants, shopping, and major routes, this low-maintenance, income-producing property is perfect for investors looking to expand their portfolio. Rarely available and move-in ready for your next tenant"”don't miss this opportunity to own a steady, turnkey rental in a prime location!
| DAYS ON MARKET | 9 | LAST UPDATED | 12/11/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1953 |
| COUNTY | Lucas | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Beverly |
|---|---|
| Jr. High School | None |
| High School | Bowsher |
| ADDITIONAL DETAILS | |
| AIR | Heat Pump, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range, Refrigerator, Water Heater |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Heat Pump |
| INTERIOR | Other |
| LOT | 9448 sq ft |
| LOT DESCRIPTION | Other, Wooded |
| LOT DIMENSIONS | 140x67.5 |
| PARKING | Driveway, On Street, Shared Driveway |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | None |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Source MLS: MiRealSource
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