1547 Airline Avenue, Toledo, OH 43609 (MLS# 10009043)

1547 Airline Avenue, Toledo, OH 43609

$119,900

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/10009043

Property Type: Residential Income Bedrooms: 4 Square Footage: 1,248 Lot Size (sq. ft.): 8,800 Status: Active

Current Price: $119,900 List Date: 6/19/2026 Last Modified: 6/19/2026

Overview

Description

Income-Producing Duplex - Investment Package Available Excellent opportunity to acquire a cash-flowing duplex with long-term tenants already in place. Both units are leased at $700 per month, generating $1,400 in monthly rental income, with leases secured through March 2027 for predictable returns and minimal vacancy concerns. Recent updates completed in 2024 include new windows and flooring, adding value while reducing near-term maintenance expenses. This well-performing property is ideal for investors seeking stable income and a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1038 Prouty, offering the opportunity to expand your investment portfolio with multiple income-producing properties.

Listing Details MLS# 10009043

Listing Information

Comp Sale YN: No
Property Sub Type: Duplex

Status Change Information

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

Address

Street Number: 1547
Street Name: Airline
Street Suffix: Avenue
County: Lucas
State: OH
Postal Code: 43609
Postal Code +4: 2001
Parcel Number: 03-27164

Contract

Named Exceptions YN: No
Original List Price: 119900
Start Showing Date: 2026-06-19
Listing Contract Date: 2026-06-11
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 96.07

Tax Legal

Subdivision Name: None

Interior

Bedrooms Total: 4
Living Area: 1248
Basement YN: Yes
Basement SqFt: 0
Fireplaces Total: 0

More Information

Parking Information

Garage YN: No
Carport YN: No

Building

New Construction YN: No
Year Built: 1912
Stories Total: Yes
Accessibility Features YN: No

Lot

Lot Size Acres: 0.2
Lot Size Square Feet: 8800
Lot Size Dimensions: 81 FF
Pool Private YN: No
Waterfront YN: No
Water Body Access YN: No

Remarks

Public Remarks: Income-Producing Duplex - Investment Package Available Excellent opportunity to acquire a cash-flowing duplex with long-term tenants already in place. Both units are leased at $700 per month, generating $1,400 in monthly rental income, with leases secured through March 2027 for predictable returns and minimal vacancy concerns. Recent updates completed in 2024 include new windows and flooring, adding value while reducing near-term maintenance expenses. This well-performing property is ideal for investors seeking stable income and a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1038 Prouty, offering the opportunity to expand your investment portfolio with multiple income-producing properties.
Interior/Exterior - Video/Audio Equipment: No

Pet Information

Pets Allowed YN: Negotiable

Unit Details

Number Of Units Leased: 2

Unit One

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Actual Rent: 700

Unit Two

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Actual Rent: 700

Tax & Legal

School District: Toledo
Elementary/Primary School: Burroughs
Junior High School: None
Middle School: None
High School: Bowsher
6 Months General Tax: 582.1
6 Months Special Assessment Tax: 188.07
6 Months Total Tax: 770.17
Tax Year: 2025
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 2

Utilities

Electricity Connected: Yes

Appliances

Other: 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

Multi/Split: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Location of Property

Neighborhood: Yes

Lot Features

Other: Yes

Parking Features

Concrete: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes

Showing Considerations

Occupied: Yes

Structure Type

Duplex: Yes

Water Source

Public: Yes

Lease Term Options

Other: Yes

Owner Pays

Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Showing Requirements

See Remarks: Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Appliances: Other 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 Lease Term Options: Other Levels: Multi/Split Listing Terms: Cash; Conventional Location of Property: Neighborhood Lot Features: Other Owner Pays: Water Parking Features: Concrete Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Sewer: Public Sewer Structure Type: Duplex Tenant Pays: Electricity; Gas Water Source: Public Showing Considerations: Occupied Showing Requirements: See Remarks

Listing Office: LPG Realty

Last Updated: June - 19 - 2026

Broker Attribution: 419-614-6987