c.1905 Move-In Ready Ohio Home For Sale $49K

Investment opportunity featuring 3 bedrooms and 1 full bath in Toledo’s south end. Previously rented at $985/month, offering strong rental potential for investors. Functional layout with spacious living areas and a solid cash-flow opportunity. Priced to sell and being sold as-is. Great opportunity to expand your investment portfolio at an affordable price point. No seller financing.

• 3bed
• 1bath
• 1,119sqft
• 3,485sqft lot
• Circa 1905

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If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

Contact Realtor: Chirley Lima

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Pros of Living in Toledo

• Affordable housing and low cost of living
  Toledo is one of the more affordable cities in the Midwest. Housing prices, rent, and daily expenses are generally well below national averages, making it appealing for first-time buyers, retirees, and remote workers.
• Easy commuting and low traffic
  Residents often mention how easy it is to get around. Most places in the metro area are within a 15–30 minute drive, and traffic is mild compared to larger cities.
• Excellent metro parks and outdoor access
  Toledo’s Metroparks system is frequently praised by locals. You also have access to the Maumee River and Lake Erie for boating, fishing, kayaking, and trails.
• Strong arts and cultural scene
  The city has more culture than many expect, including the Toledo Museum of Art, theaters, festivals, concerts, and the popular Toledo Zoo.
• Convenient location
  Toledo sits near major highways and is within driving distance of Detroit, Chicago, Cleveland, and Indianapolis for weekend trips or bigger-city entertainment.
• Friendly, laid-back atmosphere
  Many residents describe Toledo as approachable and community-oriented, with a more relaxed lifestyle than larger urban areas.

Cons of Living in Toledo

• Crime varies heavily by neighborhood
  Crime is one of the most commonly cited downsides. Some neighborhoods experience higher property and violent crime rates, while suburbs and certain residential areas are considered much safer.
• Public schools can be inconsistent
  Toledo Public Schools receive mixed reviews, and many families prefer surrounding suburbs like Perrysburg or Sylvania for stronger school systems.
• Harsh winters and gray weather
  Winters are cold, snowy, and often cloudy because of Lake Erie weather patterns. Seasonal gloom can be difficult for some people.
• Limited public transportation
  Toledo is very car-dependent. Bus service exists, but many residents feel the system is limited and inefficient for commuting.
• Economic challenges and lower wages
  While living costs are low, salaries also tend to be lower than national averages. Some industries offer fewer career-growth opportunities compared to larger cities.
• Aging infrastructure and housing concerns
  Roads, potholes, and older infrastructure are frequent complaints. Recent reports have also highlighted rising rents and investor-driven housing pressures in some neighborhoods.