Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    291 E Broadway St Toledo, OH 43605

    For Sale
    $162,000

    Part of 82-unit portfolio with high occupancy and income.

    Lot size:
    0.20 Acres

    Property Features for 291 E Broadway St

    General Information

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

    Building Details

    Year built
    1913

    Source: Rylan Realty Group Ltd Agent Matt Strehl

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

    Overview

    Toledo Investment Property Portfolio Opportunity

    This property is offered as part of an 82-unit portfolio, featuring a 95.1% occupancy rate and a net operating income of $541,000. The in-place capitalization rate is 8.0%, with a pro forma capitalization rate of approximately 10.5%. The entire portfolio is listed for $6.76 million. Alternatively, the 82-unit portfolio can be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property contains 1371 Felt, 705 Nicholas, 1508 Albert, 2050 Berdan, 4139 Walker, 323 Champion, 1441 Prouty, 1531 Freedom, 220 E. Pearl, 270 Valleywood \/ 1525 Kelsey (corner duplex), 44 Greenwood (duplex), 3855 Revere (duplex), and 291-295 E. Broadway (triplex) for $1.22M.
    Location Intelligence

    Current Use by Public Records

    AWA Total Home ... Interior Construction Contractor

    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
    -83.5157753
    Latitude
    41.6460289

    Nearby Similar for Sale

    • $1,246,000
      3,848 SF

      Citizens Bank NNN Investment Opportunity

      Single-tenant Citizens Bank with 6 years remaining and annual increases.
      3226 W Alexis Rd, Toledo, OH 43613
      View Details
    • $1,099,000
      33,985 SF

      Toledo Industrial Building For Sale

      33,985 SF industrial building in prime North Toledo location.
      5405 Telegraph Rd, Toledo, OH 43612
      View Details
    • $3,490,000
      35,850 SF

      Toledo Retail Center For Sale

      Service-oriented retail center with long-term tenants and upside potential.
      503-529 S Reynolds Rd, Toledo, OH 43615
      View Details
    • $199,900
      39,457 SF

      Medical Office Condo Near Hospital

      Well-maintained medical office condo near I-280 and St. Charles Hospital.
      1050 Isaac Streets Dr, Toledo, OH 43616
      View Details
    • $1,699,000
      11,840 SF

      Class A Office Space Toledo

      Turn-key professional office or medical endcap suite for sale.
      3500 Granite Cir, Toledo, OH 43617
      View Details
    • $799,000
      19,800 SF

      Warehouse District Historical Building

      19,800 SF historical building in Toledo's Warehouse District.
      20 S Ontario St, Toledo, OH 43604
      View Details

    FAQs

    What type of property is this?
    Apartment building - Part of 82-unit portfolio with high occupancy and income.
    Where is this apartment building located?
    The property is located at 291 E Broadway St Toledo, OH.
    What is the asking price?
    The asking price for this property is $162,000.
    What are key features of this property?
    This property features: - In-place cap rate of 8.0%.; - High occupancy rate of 95.1%.; - Net Operating Income (NOI) of $541K.
    Request Owner's contact information
    291 E Broadway St Toledo, OH 43605
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    291 E Broadway St
    Toledo, OH 43605
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    291 E Broadway St Toledo, OH 43605
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.