5734 Ryewyck Drive, Toledo, OH 43614 (MLS# 6127926)

5734 Ryewyck Drive, Toledo, OH 43614

$449,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6127926

Property Type: Residential Income Square Footage: 5,162 Lot Size (sq. ft.): 11,979 Status: Closed

Current Price: $449,000 List Date: 4/02/2025 Last Modified: 10/14/2025

Overview

Description

Calling all investors! This rare Maumee Schools 4-plex is a high-performing asset with a monthly rent roll of $4,980 and professional management already in place. Each unit offers 3 bedrooms, in-unit laundry, and is individually metered for all utilities, including water. Fully remodeled within the past two years with a brand new roof in May 2024. This property is as turnkey as it gets. Strong cash flow and rental demand. Showings with accepted offer only - this kind of opportunity doesn’t last.

Listing Details MLS# 6127926

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2025-05-13
Purchase Contract Date: 2025-05-01
Close Date: 2025-05-13
Close Price: 449000
Buyer Financing: Conventional

Address

Street Number: 5734
Street Name: Ryewyck
Street Suffix: Drive
County: Lucas
State: OH
Postal Code: 43614
Directions: South on Ryewyck off of Heatherdowns
Parcel Number: 21-42637

Contract

Named Exceptions YN: No
Original List Price: 439900
Listing Contract Date: 2025-04-02
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 86.98
Sold Price/SqFt: 86.98

Tax Legal

Subdivision Name: Heatherwyck

Interior

Living Area: 5162
Living Area Source: Public Records
Basement SqFt: 0

More Information

Parking Information

Carport YN: No
Parking Total: 8

Building

Year Built: 1990
Stories Total: 2

Lot

Lot Size Acres: 0.275
Lot Size Square Feet: 11979
Lot Size Dimensions: 11,980

Remarks

Public Historical Remarks: Lease Information: Leased, Miscellaneous: Common Entry,, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: Calling all investors! This rare Maumee Schools 4-plex is a high-performing asset with a monthly rent roll of $4,980 and professional management already in place. Each unit offers 3 bedrooms, in-unit laundry, and is individually metered for all utilities, including water. Fully remodeled within the past two years with a brand new roof in May 2024. This property is as turnkey as it gets. Strong cash flow and rental demand. Showings with accepted offer only - this kind of opportunity doesn’t last.

Income and Expenses

Total Actual Rent: 4980
Net Operating Income: 0

Unit Details

Number Of Units Leased: 4

Unit One

Unit Type Description: Yes
Unit Type Beds Total: 3
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Unit Type Actual Rent: 1285
Number of Identical Units Leased: Yes

Unit Two

Unit Type Description: 2
Unit Type Beds Total: 3
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Unit Type Actual Rent: 1270
Number of Identical Units Leased: Yes

Unit Three

Unit Type Description: 3
Unit Type Beds Total: 3
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Unit Type Actual Rent: 1175
Number of Identical Units Leased: Yes

Unit Four

Unit Type Description: 4
Unit Type Beds Total: 3
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Unit Type Actual Rent: 1250
Number of Identical Units Leased: Yes

Tax & Legal

School District: Maumee
Elementary/Primary School: Fort Miami
High School: Maumee
6 Months General Tax: 5010.94
6 Months Special Assessment Tax: 155.71
6 Months Total Tax: 5166.65
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 4

Appliances

Dishwasher: Yes
Disposal: Yes
Electric Range Connection: Yes
Refrigerator: Yes
Water Heater: Yes

Construction Materials

Vinyl Siding: Yes

Cooling

Central Air: Yes

Disclosures

Lead Based Paint Disclosure: Yes
Property Disclosure: Yes

Electric

Circuit Breakers: Yes

Foundation Details

Crawl Space: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes
VA Loan: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Parking Lot: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Lease Term Options

12 Months: Yes

Owner Pays

Lawn Care: Yes
Management: Yes
Snow Removal: Yes
Taxes: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Property Features

Appliances: Dishwasher; Disposal; Electric Range Connection; Refrigerator; Water Heater Construction Materials: Vinyl Siding Cooling: Central Air Disclosures: Lead Based Paint Disclosure; Property Disclosure Electric: Circuit Breakers Foundation Details: Crawl Space Heating: Forced Air; Natural Gas Lease Term Options: 12 Months Listing Terms: Cash; Conventional; VA Loan Owner Pays: Lawn Care; Management; Snow Removal; Taxes Parking Features: Asphalt; Driveway; Parking Lot Possession: Subject To Tenant Rights Roof: Shingle Security Features: Smoke Detector(s) Sewer: Sanitary Sewer Tenant Pays: Electricity; Gas; Sewer; Water Water Heater: Gas Water Source: Public

Listing Office: LPG Realty

Last Updated: October - 14 - 2025

Broker Attribution: 419-308-5990