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    1525 Kelsey Ave Toledo, OH 43605

    For Sale
    $102,000

    Duplex included in 82-unit portfolio for sale in Toledo.

    Lot size:
    0.08 Acres

    Property Features for 1525 Kelsey Ave

    General Information

    Interior features
    Interior Feature 1, : "Forced Air", "Interior Feature 2": "Natural Gas", "Interior Feature 3": "Water Heater"
    Exterior features
    exterior_features, : ["Shingles"]
    Lot size
    0.08 Acres

    Building Details

    Year built
    1916

    Source: Rylan Realty Group Ltd Agent Matt Strehl

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

    Overview

    Toledo Duplex Investment Opportunity

    This duplex is offered as part of an 82-unit portfolio with an in-place capitalization rate of 8.0%, a pro forma capitalization rate of approximately 10.5%, and a net operating income of $541,000, with 95.1% occupancy. The portfolio is listed for $6.76 million. The 82-unit portfolio can also be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property also contains 1371 Felt, 705 Nicholas, 1508 Albert, 2050 Berdan, 4139 Walker, 323 Champion, 1441 Prouty, 1531 Freedom, 220 E. Pearl, 270 Valleywood, 44 Greenwood (duplex), 3855 Revere (duplex), and 291-295 E. Broadway (triplex) for $1.22M.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store 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
    -83.50892
    Latitude
    41.6459743

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    FAQs

    What type of property is this?
    Duplex - Duplex included in 82-unit portfolio for sale in Toledo.
    Where is this duplex located?
    The property is located at 1525 Kelsey Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $102,000.
    What are key features of this property?
    This property features: - Part of a portfolio with a strong in-place cap rate of 8.0% and a pro forma cap rate of approximately 10.5%.; - Net Operating Income (NOI) of $541,000.; - High occupancy rate of 95.1%.
    Request Owner's contact information
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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
    1525 Kelsey Ave Toledo, OH 43605
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