For sale

$260,000

26 Terrace Downs St, Toledo, OH 43614

4beds

4baths

1,936sqft

Est.:

Quadruplex, Multi Family

Built in 1953

-- sqft lot

$255,200 Zestimate^®

$134/sqft

$-- HOA

What's special

Updated with fresh paintNewer flooringModern touches throughout

Excellent investment opportunity in South Toledo! This 4-unit multi-family property generates $2,008/month with 3 of 4 units currently occupied and a potential of $2,678/month when fully leased. Each unit offers 1 bedroom, 1 bath, and has been updated with fresh paint, newer flooring, and modern touches throughout. Three units feature newer furnaces, and one includes a new mini-split system for efficient heating and cooling. Tenants are in term leases and have passed credit and background checks. The property backs up to Pickford Park, offering a pleasant setting with easy access to downtown Toledo, Maumee, and Rossford. Close to restaurants, shopping, and major routes, this low-maintenance, income-producing property is perfect for investors looking to expand their portfolio. Rarely available and move-in ready for your next tenant—don't miss this opportunity to own a steady, turnkey rental in a prime location!

11 days

1,174

53

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Forced Air, Mini Split

Cooling

Mini Split, Window Unit(s)

Appliances

Included: Water Heater, Gas Oven, Gas Range, Refrigerator
Laundry: Other

Features

No Interior Steps, Other
Flooring: Carpet, Laminate
Has basement: No

Interior area

Total structure area: 1,936
Total interior livable area: 1,936 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 6
Parking features: Accessible Parking, On Street, Driveway, Shared Driveway
Has uncovered spaces: Yes

Features

Levels: One

Lot

Size: 9,583.2 Square Feet
Dimensions: 140x67.5
Features: Wooded, Other

Details

Parcel number: 1875011
Zoning: 10-RM36

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Brick
Foundation: Crawl Space
Roof: Shingle

Condition

New construction: No
Year built: 1953

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: None

Location

Region: Toledo

Financial & listing details

Price per square foot: $134/sqft
Date on market: 12/11/2025
Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Lease term: Other
Total actual rent: 2678
Tenant pays: Electricity, Gas, Internet, Sewer
Electric utility on property: Yes

Estimated market value

$255,200

$242,000 - $268,000

$1,139/mo

Price history

Date	Event	Price
12/11/2025	Listed for sale	$260,000+52.9%$134/sqft
Source: NORIS #10002242 Report a problem
11/11/2022	Sold	$170,000+0.1%$88/sqft
Source: NORIS #6093554 Report a problem
9/27/2022	Pending sale	$169,900$88/sqft
Source: NORIS #6093554 Report a problem
9/26/2022	Listed for sale	$169,900$88/sqft
Source: NORIS #6093554 Report a problem