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    457 Parker Ave Toledo, OH 43605

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    For Sale
    $169,900

    Fourplex with new roof, great investment opportunity.

    Lot size:
    0.10 Acres

    Property Features for 457 Parker Ave

    General Information

    Lot size
    0.10 Acres
    Exterior features
    exterior_features, : ["Shingles"]
    Interior features
    Interior Feature 1, : "Forced Air", "Interior Feature 2": "Natural Gas", "Interior Feature 3": "Water Heater", "Interior Feature 4": "Refrigerator"

    Building Details

    Year built
    1897

    Source: The Danberry Co Agent Todd D Schenkenberger

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

    Overview

    Fourplex with New Roof

    This fourplex presents an investment opportunity, featuring a new roof installed in 2023. Currently, three of the four units are fully rented. The property includes a garage, which offers the potential for additional income. One vacant unit is available for showings, while the remaining three units can be viewed after an offer has been accepted.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -83.5145703
    Latitude
    41.6422833

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    FAQs

    What type of property is this?
    Quadplex - Fourplex with new roof, great investment opportunity.
    Where is this quadplex located?
    The property is located at 457 Parker Ave Toledo, OH.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Potential net cash flow of over $2,000/month.; - New roof installed in 2023.; - Three of four units are currently rented.
    Request Owner's contact information
    457 Parker Ave Toledo, OH 43605
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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
    457 Parker Ave Toledo, OH 43605
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