$389,900

641 S Ave Toledo, OH 43609

$4,630
Closing credit¹
9,436 sqft
0.3 acres
$41 / sqft
Multi-Family

Property details

About 641 S Ave

Prime Investment Opportunity! Discover This Is An 11-Unit Brick Building Featuring Eight 1-Bedroom Units, Two 2-Bedroom Units, And One Studio Apartment. This Property Offers Exceptional Income Potential. Electric Updated To Circuit Breakers, Steam Heat With Two Reliable Boilers (Approx. 20 Years Old), And A Roof Installed In 2001 Ensure Long-Term Durability. Don’t Miss Out On The Potential Of This Income-Producing Property—Schedule A Viewing Today!

Highlights

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
Size9,436 sqft
BasementYes
Lot size0.2751 Acres
Year built1922
ParkingDriveway, Gravel, No Driveway, Parking Lot, Garage Door Opener
MLS #6124284

Virtual tour

Summary

  • MLS Number: 6124284
  • MLS Name: NORIS
  • Office Name: RE/MAX Preferred Associates
  • Office Phone: (419) 913-7570

IDX 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: 3/10/2025, 12:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a balcony

$389,900

641 S Ave

$4,630

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 15, 2021
Home Sold
$161,000

Tax history

YearAssessmentProperty Tax
2023$56,350$5,615
2022$56,350$5,512
2021$32,935$3,454
2020$27,650$3,085
2019$27,650$3,064
2018$27,650$3,025
2017$26,320$2,972

History based on county public records data.

Nearby schools

5

Escuela Smart Academy

Public District PK-6

0.3 mi

617 Western Ave

4

Ella P. Stewart Academy for Girls

Public District PK-6

1.3 mi

707 Avondale Ave

5

Martin Luther King Academy for Boys Elementary School

Public District PK-6

1.8 mi

1300 Forest Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,096. Typical income of Toledo, OH residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

38%
<35k
30%
35k-100k
24%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

50%
Single, No Kids
31%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 641 S Ave in Toledo, OH and zip code 43609 in the South Side neighborhood. This 9,436 square foot home, which was built in 1922, sits on a 0.28 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $389,900.

Toledo, OH housing market in February 2025 saw over 84 listings sold above listed price, more than 32 sold at listed price and over 80 sold below. In February 2025 in Toledo, OH there were 1.3% more homes for sale than in January. While the average time on the market in February 2025 was 60 days, the median list price was $134,503.

From Rocket Homes Real Estate and based on county public records data.

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