240 Dexter Street, Toledo, OH 43608 (MLS# 10007390)

240 Dexter Street, Toledo, OH 43608

$82,500

Property Type: Residential Income Bedrooms: 4 Square Footage: 1,944 Lot Size (sq. ft.): 3,800 Status: Closed

Current Price: $82,500 List Date: 5/08/2026 Last Modified: 6/11/2026

Overview

Description

Turn-key duplex with one unit already occupied, a Lead Safe Certificate in place, and the second unit ready for its next tenant. This is the kind of property investors want to see! Income already coming in, major compliance handled, and upside still on the table. Lower unit is currently rented at $850/month, with tenant paying their own gas and electric. Recent improvements include a new roof in 2022 and newer windows, helping reduce near-term capital concerns. Each unit offers a traditional layout, generous room sizes, separate entrances, and strong rental appeal. Convenient location near major roadways, parks, bus lines, neighborhood retail, Downtown Toledo, the Toledo Museum of Art, the Toledo Zoo, and area employers. Ideal for an investor looking for immediate cash flow potential or an owner-occupant who wants to live in one unit while the other helps offset expenses. Compliant, income-producing, and ready to go!!

Listing Details MLS# 10007390

Listing Information

Comp Sale YN: No
Property Sub Type: Duplex

Status Change Information

Status Change Timestamp: 2026-06-11
Purchase Contract Date: 2026-05-17
Close Date: 2026-06-11
Close Price: 82500
Buyer Financing: Cash
Delayed Marketing: No

Address

Street Number: 240
Street Name: Dexter
Street Suffix: Street
County: Lucas
State: OH
Postal Code: 43608
Postal Code +4: 2404
Parcel Number: 1319261

Contract

Named Exceptions YN: No
Original List Price: 89900
Start Showing Date: 2026-05-08
Listing Contract Date: 2026-05-06
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 46.24
Sold Price/SqFt: 42.44

Tax Legal

Subdivision Name: Ravenwood

Interior

Bedrooms Total: 4
Living Area: 1944
Basement YN: Yes
Basement SqFt: 0
Fireplaces Total: 0

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 2
Carport YN: No

Building

New Construction YN: No
Year Built: 1897
Stories Total: 2
Accessibility Features YN: No

Lot

Lot Size Acres: 0.09
Lot Size Square Feet: 3800
Lot Size Dimensions: 30X127
Pool Private YN: No
Waterfront YN: No
Water Body Access YN: No

Remarks

Public Remarks: Turn-key duplex with one unit already occupied, a Lead Safe Certificate in place, and the second unit ready for its next tenant. This is the kind of property investors want to see! Income already coming in, major compliance handled, and upside still on the table. Lower unit is currently rented at $850/month, with tenant paying their own gas and electric. Recent improvements include a new roof in 2022 and newer windows, helping reduce near-term capital concerns. Each unit offers a traditional layout, generous room sizes, separate entrances, and strong rental appeal. Convenient location near major roadways, parks, bus lines, neighborhood retail, Downtown Toledo, the Toledo Museum of Art, the Toledo Zoo, and area employers. Ideal for an investor looking for immediate cash flow potential or an owner-occupant who wants to live in one unit while the other helps offset expenses. Compliant, income-producing, and ready to go!!
Interior/Exterior - Video/Audio Equipment: No

Pet Information

Pets Allowed YN: Negotiable

Unit Details

Number Of Units Leased: Yes
Number Of Units Vacant: Yes

Unit One

Unit Type Description: Upper
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes

Unit Two

Unit Type Description: Lower
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Actual Rent: 850

Tax & Legal

School District: Toledo
Elementary/Primary School: Spring
Junior High School: None
Middle School: None
High School: Woodward
6 Months General Tax: 522.71
6 Months Special Assessment Tax: 101.44
6 Months Total Tax: 624.15
Tax Year: 2025
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 2

Utilities

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

Appliances

Other: Yes

Basement

Full: Yes

Construction Materials

Vinyl Siding: Yes

Cooling

None: Yes

Disclosures

Lead Based Paint Disclosure: Yes
Property Disclosure: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Foundation Details

Block: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Eat-in Kitchen: Yes

Laundry Features

In Basement: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Location of Property

Neighborhood: Yes

Lot Features

Other: Yes

Other Structures

Garage(s): Yes

Parking Features

Detached Garage: Yes
Off Street: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Public Sewer: Yes
Sanitary Sewer: Yes

Structure Type

Duplex: Yes

Water Source

Public: Yes

Lease Term Options

Month To Month: Yes

Owner Pays

Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Appliances: Other Basement: Full Construction Materials: Vinyl Siding Cooling: None Disclosures: Lead Based Paint Disclosure; Property Disclosure Flooring: Carpet; Vinyl Foundation Details: Block Heating: Forced Air; Natural Gas Interior Features: Eat-in Kitchen Laundry Features: In Basement Lease Term Options: Month To Month Levels: Two Listing Terms: Cash; Conventional Location of Property: Neighborhood Lot Features: Other Other Structures: Garage(s) Owner Pays: Water Parking Features: Detached Garage; Off Street Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Sewer: Public Sewer; Sanitary Sewer Structure Type: Duplex Tenant Pays: Electricity; Gas Water Source: Public Showing Requirements: Appointment Only; Lockbox

Listing Office: LPG Realty

Last Updated: June - 11 - 2026

Broker Attribution: 419-406-4441