ohio home

c.1919 Ohio Home W/ Lovely Vintage Elements Under $75K

$74,900

Built with durability and performance in mind, this solid 2-unit Ohio home represents a cornerstone addition for any growth-minded investor. Offering scalable rental potential, a versatile layout, and long-term asset value, this property is prime for delivering steady returns year after year.
view 1st full size image of this home

Realtor Comments

Great investment opportunity in South Toledo! The upper unit was completely remodeled in 2023, offering an estimated rental opportunity of approximately $650/month. The lower unit is in turnkey condition and is currently rented for $630/month on a month-to-month lease, with the tenant also handling grass and snow maintenance. Both tenants have expressed a desire to stay, providing an excellent opportunity for continued occupancy. The basement has been professionally waterproofed, and both the boiler and hot water tank have been updated. The owner currently pays all utilities, including gas, electric, and water. With a recently remodeled upper unit, a turnkey lower unit, desirable tenant stability, and solid overall condition, this property is a great opportunity for an investor looking for cash-flow potential and long-term upside. Add this one to your portfolio before it’s gone!
  • 2bd
  • 1,555sqft
  • 5,227sqft lot
  • Circa 1919

More Ohio Properties

view 2nd full size image of this home

446 Danberry St, Toledo, OH 43609

If interested in a property, pleases 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. 

view 3rd full size image of this home

Pros

  • Unbeatable Housing & Living Affordability: Real estate costs are exceptionally low compared to national averages. Median single-family home prices generally hover around $125,000 to $140,000, making entry-level homeownership highly accessible for first-time buyers, investors, and remote workers.

  • World-Class Cultural Anchors: Toledo’s cultural scene punches well above its weight class for a city of its size. Highlights include the globally recognized Toledo Museum of Art (which offers free admission), the Toledo Zoo & Aquarium, the Toledo Symphony, and the Imagination Station science center.

  • Exceptional Parks & Water Access: The Metroparks Toledo system is widely regarded as one of the best in the nation, offering over 12,000 acres of preserved land, hiking trails, and restored natural habitats. The Maumee River and nearby Lake Erie also provide ample opportunities for kayaking, boating, and walleye fishing.

  • Vibrant Minor League Sports: Local sports culture is thriving thanks to the Toledo Mud Hens (AAA baseball) playing at Fifth Third Field downtown and the Toledo Walleye (ECHL hockey) playing at the Huntington Center, both offering budget-friendly family entertainment.

  • Strategic Regional Proximity: Commutes within the city are effortless with low traffic. Additionally, Toledo’s location puts it within a 1- to 2-hour drive of major regional hubs like Detroit, Ann Arbor, Cleveland, and Sandusky (Cedar Point).

Cons

  • Potholes & Aging Infrastructure: Infrastructure maintenance is an ongoing complaint among locals. Cold winter freeze-thaw cycles leave many major thoroughfares riddled with heavy potholes and rough road surfaces.

  • Economic Limitations in Specialized Sectors: While advanced manufacturing, healthcare (ProMedica and Mercy Health), education, and logistics anchor the economy, high-paying corporate, tech, or specialized finance positions are relatively limited compared to larger metropolitan areas.

  • Crime & Public School Disparities: Crime rates and school performance vary significantly depending on the neighborhood. Property crime and localized violent crime remain challenges in specific inner-city sections, prompting many families to opt for nearby suburban townships or independent municipalities (such as Perrysburg, Sylvania, or Maumee).

  • Cold, Snow-Heavy Winters: Lake Erie weather patterns contribute to long, cold winters with frequent snowstorms, icy roads, and gray, overcast skies from late November through March.

  • Public Transit Dependency Issues: While the TARTA bus system operates throughout the city, coverage gaps and route schedules mean having a personal vehicle is practically mandatory for daily life.

view 4th full size image of this home
*
view 5th full size image of this home
*
view 6th full size image of this home
*
view 7th full size image of this home
*
view 8th full size image of this home
*
view 9th full size image of this home
*
view 10th full size image of this home
*
view 11th full size image of this home
*
view 12th full size image of this home
*
view 13th full size image of this home
*
view 14th full size image of this home
*
view 15th full size image of this home
*
view 16th full size image of this home
*
view 17th full size image of this home
*
view 18th full size image of this home
*
view 19th full size image of this home
*
view 20th full size image of this home
*
view 21st full size image of this home
*
*view 22nd full size image of this home
*
view 23rd full size image of this home
*
view 24th full size image of this home
*
view 25th full size image of this home
*
view 26th full size image of this home
*
view 27th full size image of this home
*
view 28th full size image of this home
*
view 29th full size image of this home
*
view 30th full size image of this home
*
view 31st full size image of this home
*
view 32nd full size image of this home
*
view 33rd full size image of this home
*
view 34th full size image of this home
*
view 35th full size image of this home
*
view 36th full size image of this home
*

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!