1038 Prouty Avenue, Toledo, OH 43609 (MLS# 10009042)

1038 Prouty Avenue, Toledo, OH 43609

$59,900

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,114 Lot Size (sq. ft.): 8,520 Status: Active

Current Price: $59,900 List Date: 6/19/2026 Last Modified: 6/19/2026

Overview

Description

Income-Producing Single-Family Home - Turnkey Investment Opportunity Excellent opportunity to add a cash-flowing rental property to your investment portfolio. This single-family home is currently leased at $645 per month with a lease in place through October 2026, providing immediate income and stable occupancy. Recent improvements include new flooring (2024), new kitchen cabinets (2024), a new furnace (2025), and new refrigerator and stove (2025). These updates enhance the property's appeal and help reduce future maintenance costs. With dependable rental income, long-term tenant stability, and significant recent upgrades, this property is well-suited for investors seeking a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1547 Airline, offering the opportunity to acquire multiple income-producing properties and increase your rental portfolio in one transaction.

Listing Details MLS# 10009042

Listing Information

Comp Sale YN: No
Property Sub Type: Single Family Residence

Status Change Information

Status Change Timestamp: 2026-06-19
Delayed Marketing: No

Address

Street Number: 1038
Street Name: Prouty
Street Suffix: Avenue
County: Lucas
State: OH
Postal Code: 43609
Postal Code +4: 3224
Parcel Number: 04-51977

Contract

Named Exceptions YN: No
Original List Price: 59900
Start Showing Date: 2026-06-19
Listing Contract Date: 2026-06-11
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Occupant Type: Tenant
List Price/SqFt: 53.77

Tax Legal

Subdivision Name: None

Interior

Bedrooms Total: 3
Rooms Total: 6
Full Bath Upper: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Living Area: 1114
Basement YN: Yes
Fireplace YN: No
Half Bath Upper: 0
Full Bath Main: 0
Half Bath Main: 0
Full Bath Lower: 0
Half Bath Lower: 0
Bathrooms Half: 0
Basement SqFt: 0

More Information

Parking Information

Garage YN: No
Carport YN: No

Building

New Construction YN: No
Year Built: 1905
Stories Total: 2
Property Attached YN: No
Accessibility Features YN: No

Lot

Lot Size Acres: 0.2
Lot Size Square Feet: 8520
Lot Size Dimensions: 60X142
Pool Private YN: No
Waterfront YN: No
Water Body Access YN: No

Remarks

Public Remarks: Income-Producing Single-Family Home - Turnkey Investment Opportunity Excellent opportunity to add a cash-flowing rental property to your investment portfolio. This single-family home is currently leased at $645 per month with a lease in place through October 2026, providing immediate income and stable occupancy. Recent improvements include new flooring (2024), new kitchen cabinets (2024), a new furnace (2025), and new refrigerator and stove (2025). These updates enhance the property's appeal and help reduce future maintenance costs. With dependable rental income, long-term tenant stability, and significant recent upgrades, this property is well-suited for investors seeking a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1547 Airline, offering the opportunity to acquire multiple income-producing properties and increase your rental portfolio in one transaction.
Interior/Exterior - Video/Audio Equipment: No

Room Types

Bedroom 2 Level: Upper
Bedroom 3 Level: Upper
Dining Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Primary Bedroom 1 Level: Upper
Bedroom 2: Yes
Bedroom 3: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom 1: Yes

Tax & Legal

School District: Toledo
Elementary/Primary School: Marshall Stemm Academy
Junior High School: None
Middle School: None
High School: Scott
6 Months General Tax: 345.51
6 Months Special Assessment Tax: 155.51
6 Months Total Tax: 501.02
Tax Year: 2025
Auction YN: No

Association/Community

Association YN: No

Utilities

Electricity Connected: Yes

Appliances

Other: Yes

Basement

Full: Yes

Common Walls

No Common Walls: Yes

Construction Materials

Vinyl Siding: Yes

Cooling

None: Yes

Disclosures

Lead Based Paint Disclosure: Yes
Property Disclosure: Yes

Flooring

Carpet: Yes

Foundation Details

Other: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Other: Yes

Laundry Features

Other: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Location of Property

Neighborhood: Yes

Parking Features

Other: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Showing Requirements

See Remarks: Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Appliances: Other Basement: Full Common Walls: No Common Walls Construction Materials: Vinyl Siding Cooling: None Disclosures: Lead Based Paint Disclosure; Property Disclosure Flooring: Carpet Foundation Details: Other Heating: Forced Air; Natural Gas Interior Features: Other Laundry Features: Other Levels: Two Listing Terms: Cash; Conventional Location of Property: Neighborhood Parking Features: Other Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Sewer: Public Sewer Water Source: Public Showing Requirements: See Remarks Room Types: Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room; Primary Bedroom 1

Room Information

Room Name	Level	Estimated Length	Estimated Width
Living Room	Main	14.00	11.00
Dining Room	Main	11.00	10.00
Kitchen	Main	12.00	11.00
Primary Bedroom 1	Upper	11.00	10.00
Bedroom 2	Upper	11.00	9.00
Bedroom 3	Upper	10.00	10.00

Listing Office: LPG Realty

Last Updated: June - 19 - 2026

Broker Attribution: 419-614-6987