Austin Cleghorn

1404 Colburn Street, Toledo, OH 43609

$86,900
Property Type: Residential Income Bedrooms: 8 Square Footage: 6,932 Lot Size (sq. ft.): 4,759 Status: Pending
Current Price: $86,900 List Date: 6/18/2026 Last Modified: 6/22/2026

Overview

Description

Investor special! Multi-unit property with strong upside potential and instant equity. Currently generating $850/month from one occupied unit has rent potential of $3400+, with the remaining units vacant and ready for value-add improvements. The Two lower units need some TLC and light remodeling. Features include a 3-car garage, extra-large lot, and plenty of room to add additional parking. Great opportunity for investors looking to increase cash flow and build equity. Sold as-is. Come check it out

Listing Details MLS# 10009352

Listing Information

Comp Sale YN
No
Property Sub Type
Quadruplex

Status Change Information

Status Change Timestamp
2026-06-22
Purchase Contract Date
2026-06-19
Delayed Marketing
No

Address

Street Number
1404
Street Name
Colburn
Street Suffix
Street
County
Lucas
State
OH
Postal Code
43609
Postal Code +4
2908
Parcel Number
14-17107

Contract

Named Exceptions YN
No
Original List Price
86900
Listing Contract Date
2026-06-18
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
List Price/SqFt
12.54

Tax Legal

Subdivision Name
None

Interior

Bedrooms Total
8
Below Grade Unfinished Area
Yes
Basement SqFt
Yes
Living Area
6932
Basement YN
Yes
Fireplaces Total
0

More Information

Parking Information

Garage YN
Yes
Garage Spaces
3
Carport YN
No
Parking Total
4

Building

New Construction YN
No
Year Built
1917
Stories Total
2
Accessibility Features YN
No

Lot

Lot Size Acres
0.11
Lot Size Square Feet
4759
Lot Size Dimensions
39X125
Pool Private YN
No
Waterfront YN
No
Water Body Access YN
No

Remarks

Public Remarks
Investor special! Multi-unit property with strong upside potential and instant equity. Currently generating $850/month from one occupied unit has rent potential of $3400+, with the remaining units vacant and ready for value-add improvements. The Two lower units need some TLC and light remodeling. Features include a 3-car garage, extra-large lot, and plenty of room to add additional parking. Great opportunity for investors looking to increase cash flow and build equity. Sold as-is. Come check it out
Interior/Exterior - Video/Audio Equipment
No

Pet Information

Pets Allowed YN
Negotiable

Unit Details

Number Of Units Leased
Yes
Number Of Units Vacant
3

Unit One

Unit Type Description
unit 1
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
SqFt per Unit
1733
Number of Identical Units
3
Unit Type Actual Rent
0

Unit Two

Unit Type Description
unit 2
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
SqFt per Unit
1733
Number of Identical Units
3
Unit Type Actual Rent
0

Unit Three

Unit Type Description
upper unit 1
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
SqFt per Unit
1733
Unit Type Actual Rent
850

Unit Four

Unit Type Description
upper unit 2
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
SqFt per Unit
1733

Tax & Legal

School District
Toledo
Elementary/Primary School
Robinson
Junior High School
None
Middle School
None
High School
Bowsher
6 Months General Tax
469.34
6 Months Special Assessment Tax
284.81
6 Months Total Tax
754.15
Tax Year
2025
Auction YN
No

Association/Community

Number Of Buildings
1
Number Of Units Total
4

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Appliances

None
Yes

Basement

Unfinished
Yes

Construction Materials

Brick
Yes

Cooling

Wall Unit(s)
Yes

Disclosures

Lead Based Paint Disclosure
Yes
Property Disclosure
Yes

Flooring

Vinyl
Yes

Foundation Details

Raised
Yes

Heating

Boiler
Yes
Radiator
Yes

Interior Features

Other
Yes

Laundry Features

In Basement
Yes

Levels

Two
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Location of Property

Neighborhood
Yes

Lot Features

Corner Lot
Yes

Other Structures

See Remarks
Yes

Parking Features

Accessible Parking
Yes
Additional Parking
Yes
Alley Access
Yes
Detached Garage
Yes
Off Street
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Roof

Flat
Yes

Sewer

Public Sewer
Yes

Structure Type

Quadruplex
Yes

Water Source

Public
Yes

Lease Term Options

Month To Month
Yes

Owner Pays

Other
Yes

Tenant Pays

Other
Yes

Showing Requirements

Appointment Only
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Appliances: None Basement: Unfinished Construction Materials: Brick Cooling: Wall Unit(s) Disclosures: Lead Based Paint Disclosure; Property Disclosure Flooring: Vinyl Foundation Details: Raised Heating: Boiler; Radiator Interior Features: Other Laundry Features: In Basement Lease Term Options: Month To Month Levels: Two Listing Terms: Cash; Conventional Location of Property: Neighborhood Lot Features: Corner Lot Other Structures: See Remarks Owner Pays: Other Parking Features: Accessible Parking; Additional Parking; Alley Access; Detached Garage; Off Street Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Flat Sewer: Public Sewer Structure Type: Quadruplex Tenant Pays: Other Water Source: Public Showing Requirements: Appointment Only
Listing Office: LPG Realty
Last Updated: June - 22 - 2026
Broker Attribution: 419-377-2892

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