Property Description
This property is being sold as part of an 82-unit portfolio. In place cap is 8.0%, pro forma cap is ~10.5%, NOI is $541K, 95.1% occupancy. Portfolio asking price is $6.76M. See attachment for list of all addresses. The 82-unit portfolio can also be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property contains 1371 Felt, 705 Nicholas, 1508 Albert, 2050 Berdan, 4139 Walker, 323 Champion, 1441 Prouty, 1531 Freedom, 220 E. Pearl, 270 Valleywood / 1525 Kelsey (corner duplex), 44 Greenwood (duplex), 3855 Revere (duplex), and 291-295 E. Broadway (triplex) for $1.22M. Units are occupied and photos are from the last time they were vacant.
Features
- Heating System:
- Forced Air, Natural Gas
- Cooling System:
- None
- Parking:
- None
- Sewer:
- Sanitary Sewer
Appliances
- Appliances:
- Water Heater
Address Map
- Country:
- US
- State:
- OH
- County:
- Lucas
- City:
- Toledo
- Area:
- Industrial Heights
- Zipcode:
- 43605
- Street:
- Freedom
- Street Number:
- 1531
- Street Suffix:
- Street
- Directions:
- Please see attached property directory.
Neighborhood
- Elementary School:
- East Broadway
- High School:
- Waite
- High School District:
- Toledo
- Middle School:
- None
MLS Addon
- Office Name:
- Rylan Realty Group Ltd
- Agent Name:
- Matt Strehl
- Association Fee:
- $0
- Semi Annual Tax:
- $0
Additional Information
- Construction Materials:
- Brick
- Electric:
- Circuit Breakers
- Foundation Details:
- Slab
- Levels:
- One
- Lot Size Dimensions:
- 3,800
- Number Of Units Total:
- 2
- On Market Date:
- 2025-10-01
- Stories Total:
- 1
- Virtual Tour:
- https://www.propertypanorama.com/instaview/toledo/6136691
- Water Source:
- Public
Listing Information
- List Agent Mls Id:
- 1STREHFR
- List Office Mls Id:
- RYLAN
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-01-12T08:50:03Z
- Originating System Name:
- NORIS
- Status Change Timestamp:
- 2025-10-01T00:27:56Z
Residential Income
1531 Freedom Street, Toledo, Ohio 43605
4 Bedrooms
1,804 Sqft
$99,000
Listing ID #6136691
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 6136691
- Price :
- $99,000
- Bedrooms :
- 4
- Living Area :
- 1,804 Sqft
- Year Built :
- 1963
- Lot Area :
- 0.09 Acre
- Status :
- Active
- Property Sub Type :
- Duplex
- Roof:
- Shingle
- Status :
- Active
