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    4515 W Bancroft St Toledo, OH 43615

    For Sale
    $129,000

    Cozy 3-bedroom condo near University of Toledo, tenant-occupied.

    Property Features for 4515 W Bancroft St

    General Information

    Interior features
    Interior Feature 1, : "Natural Gas", "Interior Feature 2": "Central Air", "Interior Feature 3": "Forced Air", "Interior Feature 4": "Dishwasher", "Interior Feature 5": "Water Heater", "Interior Feature 6": "Dryer", "Interior Feature 7": "Refrigerator", "Interior Feature 8": "Washer"
    Exterior features
    exterior_features, : ["Shingles"]

    Building Details

    Year built
    1981

    Source: Key Realty Agent Olive Fang-Yun Wu

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

    Overview

    Updated Condo Near University of Toledo

    This is a cozy condo featuring 3 bedrooms and 1.5 bathrooms. The property is located within a well-maintained community characterized by mature landscaping. Residents have access to a pool for recreational use during the summer. The condo was updated in 2021, including newer appliances and air conditioning. Parking is provided with an assigned carport and one additional parking space. The property is conveniently situated near the University of Toledo and the University Park Trail. The unit is currently tenant-occupied, presenting an opportunity for investors to assume the existing lease. The legal address for the property is Unit 9, while the mailing address is Unit 10.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -83.6497715
    Latitude
    41.6620443

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    FAQs

    What type of property is this?
    Apartment building - Cozy 3-bedroom condo near University of Toledo, tenant-occupied.
    Where is this apartment building located?
    The property is located at 4515 W Bancroft St Toledo, OH.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Updated in 2021 with newer appliances and A/C.; - Conveniently located near the University of Toledo and University Park Trail.; - Tenant-occupied with assumable lease, ideal for investors.
    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
    4515 W Bancroft St Toledo, OH 43615
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