Austin Cleghorn

583 Dearborn Avenue, Toledo, OH 43605

$105,000
Property Type: Residential Income Square Footage: 2,232 Lot Size (sq. ft.): 3,001 Status: Closed
Current Price: $105,000 List Date: 8/29/2024 Last Modified: 10/14/2025

Overview

Description

Fully-rented duplex, remodeled in 2022. Each 2-bed, 1-bath unit offers 1,132 sqft of living space, featuring big living rooms, formal dining rooms, and spacious kitchens. Property is very well-maintained with separate electric and gas meters for each unit, updated electrical boxes, furnaces, and hot water tanks. Vinyl siding and windows ensure easy upkeep. Basement provides separate storage for residents. Total rent roll = $1,770. A perfect opportunity for immediate cash flow in your portfolio! **Pictures are from prior to residents moving in.

Listing Details MLS# 6119932

Status Change Information

Status Change Timestamp
2024-09-27
Purchase Contract Date
2024-09-20
Close Date
2024-09-27
Close Price
105000
Buyer Financing
Cash

Address

Street Number
583
Street Name
Dearborn
Street Suffix
Avenue
County
Lucas
State
OH
Postal Code
43605
Postal Code +4
1803
Directions
WEST ON STARR AVE, NORTH ON DEARBORN.
Parcel Number
04-52584

Contract

Named Exceptions YN
No
Original List Price
105000
Listing Contract Date
2024-08-29
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
List Price/SqFt
47.04
Sold Price/SqFt
47.04

Tax Legal

Subdivision Name
Dearborn Heights Addn.

Interior

Living Area
2232
Basement YN
Yes
Basement SqFt
0

Parking Information

Carport YN
No
Parking Total
0

More Information

Building

Year Built
1922
Stories Total
2

Lot

Lot Size Acres
0.0689
Lot Size Square Feet
3001
Lot Size Dimensions
3,000

Remarks

Public Historical Remarks
Lease Information: Leased, Equipment: Range Oven, Occupied By: TENANT
Public Remarks
Fully-rented duplex, remodeled in 2022. Each 2-bed, 1-bath unit offers 1,132 sqft of living space, featuring big living rooms, formal dining rooms, and spacious kitchens. Property is very well-maintained with separate electric and gas meters for each unit, updated electrical boxes, furnaces, and hot water tanks. Vinyl siding and windows ensure easy upkeep. Basement provides separate storage for residents. Total rent roll = $1,770. A perfect opportunity for immediate cash flow in your portfolio! **Pictures are from prior to residents moving in.

Income and Expenses

Total Actual Rent
1770
Net Operating Income
0

Unit Details

Number Of Units Leased
2

Unit One

Unit Type Description
upper
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Unit Type Actual Rent
920
Number of Identical Units Leased
Yes

Unit Two

Unit Type Description
lower
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Unit Type Actual Rent
850
Number of Identical Units Leased
Yes

Showing Information

Showing Instructions
ShowingTime

Tax & Legal

School District
Toledo
Elementary/Primary School
Raymer
High School
Waite
6 Months General Tax
351.71
6 Months Special Assessment Tax
75.74
6 Months Total Tax
427.45
Auction YN
No

Association/Community

Number Of Buildings
1
Number Of Units Total
2

Appliances

Refrigerator
Yes
Water Heater
Yes

Basement

Full
Yes

Construction Materials

Vinyl Siding
Yes

Cooling

None
Yes

Disclosures

Lead Based Paint Disclosure
Yes
Property Disclosure
Yes

Electric

Circuit Breakers
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

None
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Shingle
Yes

Sewer

Sanitary Sewer
Yes

Structure Type

Duplex
Yes

Water Heater

Gas
Yes

Water Source

Public
Yes

Owner Pays

Lawn Care
Yes
Sewer
Yes
Taxes
Yes
Water
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Property Features

Appliances: Refrigerator; Water Heater Basement: Full Construction Materials: Vinyl Siding Cooling: None Disclosures: Lead Based Paint Disclosure; Property Disclosure Electric: Circuit Breakers Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional Owner Pays: Lawn Care; Sewer; Taxes; Water Parking Features: None Possession: Subject To Tenant Rights Roof: Shingle Sewer: Sanitary Sewer Structure Type: Duplex Tenant Pays: Electricity; Gas Water Heater: Gas Water Source: Public
Listing Office: LPG Realty
Last Updated: October - 14 - 2025
Broker Attribution: 419-308-5990

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