440 5th Street, Toledo, OH 43605

Toledo
Local realty services provided by:ERA Geyer Noakes Realty Group
440 5th Street,Toledo, OH 43605
$134,900
  • 3 Beds
  • - Baths
  • 2,688 sq. ft.
  • Multi-family
  • Active
Listed by: eric puffenberger
Office: w & r property management
MLS#:10005829
Source:OH_TBR

Price summary

  • Price:$134,900
  • Price per sq. ft.:$50.19

About this home

Strong, cash-flowing triplex that performs from day one. This property features three layouts including a 3 bed / 1 bath first-floor unit (1,344 sq ft), along with two second-floor units consisting of a 2 bed / 1 bath and a 1 bed / 1 bath—appealing to a wide range of tenants. Currently generating $2,447/month in rental income, this is a fully operational asset priced to deliver a 12%+ cap rate and a 1.8% price-to-rent ratio. The numbers already make sense as-is, offering immediate return without the need for heavy lifting. Recent updates include newer vinyl windows, updated furnaces and hot water heaters, and glass block basement windows for added durability and reduced maintenance. All units include appliances that stay. A clean, stabilized investment with strong in-place returns and additional upside for those looking to optimize—this is the type of property that works now and gets better over time.

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Home facts

  • Year built:1906
  • Listing ID #:10005829
  • Added:1 day(s) ago
  • Updated:April 01, 2026 at 07:24 PM

Rooms and interior

  • Bedrooms:3
  • Flooring:Carpet, Hardwood, Luxury Vinyl
  • Kitchen Description:Electric Range, Refrigerator
  • Basement:Yes
  • Basement Description:Block
  • Living area:2,688 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1906
  • Building area:2,688 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:Brick, Wood Siding
  • Foundation Description:Block

Schools

  • High school:Waite
  • Middle school:None
  • Elementary school:East Broadway

Utilities

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

Finances and disclosures

  • Price:$134,900
  • Price per sq. ft.:$50.19

Features and amenities

  • Appliances:Electric Range, Refrigerator
  • Laundry features:Electric Dryer Hookup, Washer Hookup

Parking

  • Total parking spaces:3
  • Parking description:Concrete, Driveway

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