Tenant-Occupied Duplex on Dexter St ($1,500/month) | 2 Units & Strong ROI
Overview
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BedroomsBedrooms 4
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BathroomsBathrooms 2
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RoomsRooms 4
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Area SizeSize 1944 Sq Ft
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Year BuiltYear Built 1897
Description
This income-producing turnkey duplex is located in the well-established Ravenwood/La Grange area of Toledo (43608), where rental demand remains steady.
The property features four total bedrooms, two bathrooms, and approximately 1,944 square feet of functional living space across two separate units. Each unit offers a traditional layout with generous room sizes, separate entrances, and practical, tenant-preferred floor plans.
Both units are currently tenant-occupied, with one renting for $700 per month and the other for $800 per month, generating $1,500 in total monthly rental income and providing immediate cash flow from day one.
Recent improvements include a new roof (2022) and newer windows, helping reduce near-term maintenance risk and improve overall efficiency. The exterior has been freshly painted, and the property has been maintained to support stable, long-term tenancy.
Conveniently located near major roadways, parks, public transportation, retail, and attractions such as Toledo Museum of Art and Toledo Zoo, the duplex offers accessibility while remaining in a residential setting.
With in-place tenants and established rental income, this property presents a stable, hands-off investment opportunity delivering reliable cash flow in a strong rental corridor.
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Details
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Price$99,900
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Property IDProperty ID:
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Area SizeSize 1944 Sq Ft
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Land Area SizeLand Area 0
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RoomsRooms 4
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BedroomsBedrooms 4
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Year BuiltYear Built 1897
Map
Open on Map- City Toledo
- State Ohio
- Country United States
- Postal code 43608