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    1220 South Ave Toledo, OH 43609

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    For Sale
    $79,000

    Well-maintained duplex with leased units near amenities and major highways.

    Lot size:
    0.12 Acres

    Property Features for 1220 South Ave

    General Information

    Lot size
    0.12 Acres
    Exterior features
    exterior_features, : ["Natural Gas Connected", "Electricity Connected", "Sewer Connected", "Water Connected", "Shingles"]
    Interior features
    Interior Feature 1, : "Forced Air", "Interior Feature 2": "Central Air"

    Building Details

    Year built
    1897

    Source: LPG Realty Agent Austin James Cleghorn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Toledo Duplex Investment Opportunity

    This duplex in South Toledo presents an investment opportunity, featuring two 2-bedroom, 1-bath units. Each unit offers comfortable layouts with large living areas, functional kitchens, and natural light. The property is well-maintained, and each unit has separate utilities. The bottom unit is leased through September 30, 2026, and the top unit is leased through October 31, 2026. The location provides convenient access to shopping, parks, and major highways.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.570596
    Latitude
    41.6309747

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex with leased units near amenities and major highways.
    Where is this duplex located?
    The property is located at 1220 South Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - Strong cash-flowing investment property with two leased units.; - Leases in place through 9/30/26 and 10/31/26.; - Each unit has **2 bedrooms and 1 bath** with comfortable layouts and ample natural light.
    Request Owner's contact information
    1220 South Ave Toledo, OH 43609
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    Toledo, OH 43609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1220 South Ave Toledo, OH 43609
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