$2,672 Closing Credit¹
#6126015, Listing Office: Key Realty LTD
$260,000 List price
18 Reed St Toledo, OH 43605
$3,088
Closing credit¹
4,851 sqft
0.2 acres
$54 / sqft
Multi-Family
Property details
About 18 Reed St
6-unit apartment building in Toledo, OH, offered at a 15.38% Net Cap Rate. Units 4 & 6 fully rehabbed with new electric, high-end LPV flooring, kitchens, doors, and lighting. Unit 2 updated with new flooring and doors. Units 1, 3, & 5 are in "lived-in" condition. Sewer lines jetted in 2024, primary electric overhauled. Tenants pay electricity; owner covers water & common area electricity. 5 of 6 units occupied. Vacant unit shown by appointment. Virtual tour & P+L available upon request. 2 parcels. DO NOT DISTURB TENANTS.
Highlights
Home typeMulti Family
HeatingElectric, Radiant
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingWall Unit(s)
Size4,851 sqft
Lot size0.1652 Acres
Year built1966
ParkingAsphalt, Driveway, Parking Lot
MLS #6125971
Virtual tour
Summary
- MLS Number: 6125971
- MLS Name: NORIS
- Office Name: RE/MAX Preferred Associates
- Office Phone: (419) 260-4205
Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.
Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$260,000
18 Reed St
$3,088
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 23, 2022 | Home Sold | $65,000 |
| Aug 23, 2022 | Home Sold | $65,000 |
| Aug 16, 2022 | Home Sold | $42,500 |
| Mar 15, 2018 | Home Sold | $93,000 |
Tax history
We're sorry, we currently don't have tax history data for this listing.
History based on county public records data.
Nearby schools
6
Starr Elementary School
Public District KG-4
1.5 mi
•3230 Starr Ave
6
Coy Elementary School
Public District KG-4
2.4 mi
•3604 Pickle Rd
3
Madison Avenue School of Arts
Public Charter KG-6
2.5 mi
•1511 Madison Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,984. Typical income of Toledo, OH residents is less than $<35k annually. Most families are single, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
80%
<35k
15%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
45%
Single, with Kids
7%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
32%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
24%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
H&M
Burlington
Where do the neighbors go to eat?
Little Caesars
Boston Market
White Castle
What do the neighbors drive?
Dodge
Honda
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Video tour
$2,672 Closing Credit¹
#6126016, Listing Office: Key Realty LTD
Video tour
$416 Closing Credit¹
#6125730, Listing Office: The Danberry Co
New - 6 days on Rocket
$891 Closing Credit¹
#6126043, Listing Office: The Danberry Co
$1,425 Closing Credit¹
#6126014, Listing Office: Key Realty LTD
Video tour
$879 Closing Credit¹
#6120913, Listing Office: Rylan Realty Group Ltd
$1,186 Closing Credit¹
#6122512, Listing Office: LPG Realty
Backup offersVideo tour
$1,008 Closing Credit¹
#6123661, Listing Office: LaPlante Real Estate LLC
This home is located at 18 Reed St in Toledo, OH and zip code 43605 in the East Toledo neighborhood. This 4,851 square foot home, which was built in 1966, sits on a 0.17 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 13, 2025 and is currently priced at $260,000.
In January 2025 more than 60 listings in Toledo, OH were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 94 were sold below. The number of listings in Toledo, OH decreased by 3.7% between December and January 2025. In January 2025, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $134,207.
From Rocket Homes Real Estate and based on county public records data.