39 Garfield Place, Toledo, OH 43605

Toledo
Local realty services provided by:ERA Geyer Noakes Realty Group
39 Garfield Place,Toledo, OH 43605
$99,900
Virtual Tour
  • 5 Beds
  • - Baths
  • 2,758 sq. ft.
  • Multi-family
  • Active
Listed by: david garcia
Office: key realty ltd
MLS#:10007849
Source:OH_TBR

Price summary

  • Price:$99,900
  • Price per sq. ft.:$36.22

About this home

Investor Special - Value-Add Triplex with Strong Cash Flow Potential! Attention investors looking to expand their rental portfolio with a value-add opportunity! This triplex offers immediate income with one unit already leased at $625/month, while the remaining two vacant units provide the opportunity to significantly increase monthly cash flow. The additional units have projected rental potential of approximately $625/month for the 1-bedroom unit and $850/month for the 3-bedroom unit once updated. This is an older property with solid upside for the right investor willing to put in some work. Estimated renovation costs for the vacant units are approximately $12,000-$15,000, creating a strong opportunity to build equity and boost rental income. Property is priced approximately $30,000 below its potential after-repair value, making this an attractive investment for cash flow and long-term appreciation. (WARNING! These numbers are just estimates and you should rely on your contractors...

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Home facts

  • Year built:1907
  • Listing ID #:10007849
  • Added:1 day(s) ago
  • Updated:May 16, 2026 at 01:24 AM

Rooms and interior

  • Bedrooms:5
  • Flooring:Carpet, Linoleum, Wood
  • Basement:Yes
  • Basement Description:Block
  • Living area:2,758 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1907
  • Building area:2,758 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Block

Schools

  • High school:Waite
  • Middle school:None
  • Elementary school:Navarre

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$99,900
  • Price per sq. ft.:$36.22

Parking

  • Total parking spaces:2
  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:2

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