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Cherisse Riney

cherisse@danberry.com +1(925) 270-5735

Listed by Case McCarthy HillMcCarthy Real Estate LLC

$ 359,900

Est. payment -/mo

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1321 Laclede RD Toledo, OH 43612

6 Beds

3,096 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,096 sqft

Price per Sqft $116

Subdivision Homeville

MLS Listing ID 10011100

Bedrooms 6

Year Built 1925

Tax Year 2025

Lot Size 5,100 Sqft

Lot Dimensions 0.12

Property Sub-Type Triplex

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Toledo triplex offering the perfect blend of immediate cash flow and value-add potential! This spacious property features two main units offering approximately 1,500 sq. ft. each, providing generous layouts and strong rental appeal. The upper unit has been renovated with new LVP flooring in the kitchen, professionally re-stained hardwood floors, new fixtures throughout, and fresh paint. Two renovated units are occupied with long-term leases in place, including the lower unit, which has been occupied by a long-term caretaker tenant. The basement unit is rented at $750/month through 12/31/2026, while the upper unit is rented at $1,190/month through 4/30/2027. The middle unit features newer LVP flooring and paint and is vacant, needing touch-ups, giving the next owner the opportunity to lease at today's market rent (previously rented for $1,215/month) or owner-occupy. Additional income is generated through on-site coin laundry, averaging approximately $150 per collection. Major capital improvements completed in 2024 by the previous owner include a new roof & gutters, new electrical panels, and a new boiler. Whether you're looking to expand your portfolio or secure a quality income-producing asset with upside, this property offers strong in-place income with room to increase returns.

Location

State OH

County Lucas

Community Homeville

Area 0.12

Rooms

Dining Room No

Kitchen No

Interior

Interior Features Storage, Other

Heating Natural Gas

Cooling Window Unit(s)

Flooring Vinyl, Wood

Equipment No

Appliance Dryer

Laundry Common Area, Coin Laundry

Exterior

Parking Features Concrete, Detached Garage, Driveway

Garage Spaces 3.0

Garage Description 3.0

Utilities Available Electricity Connected, Natural Gas Available

Roof Type Shingle

Total Parking Spaces 3

Garage Yes

Building

Lot Description Other

Story 2

Foundation Block

Sewer Public Sewer

Level or Stories Tri-Level

Schools

Elementary Schools Deveaux

Middle Schools None

High Schools Rogers

School District Toledo

Others

Tax ID 07-30031

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Agent Owned

Virtual Tour https://www.propertypanorama.com/instaview/toledo/10011100

Cherisse Riney

Agent | License ID: SAL.2021001296

+1(925) 270-5735

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Cherisse Riney

1321 Laclede RD Toledo, OH 43612

Key Details

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Interior

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1321 Laclede RD