Property Description
This property is being sold as part of an 46-unit portfolio or a 12-unit sub-portfolio. In place cap is ~8.5%, pro forma cap is ~11.0%, and occupancy is 100%. Asking price for the 46-unit portfolio is $3.57M and asking price for the 5-unit sub-portfolio is $672K. The sub-portfolio includes 1441 Prouty, 4139 Walker, 291-295 E Broadway, 1371 Felt St, 1525 Kelsey Ave / 270 Valleywood, 1531 Freedom, and 44 Greenwood. The entire 46-unit list can be found in the attachments. Property is occupied and photos are from the last time it was vacant.
Features
- Heating System:
- Forced Air, Natural Gas
- Cooling System:
- None
- Basement:
- Full
- Parking:
- Concrete, Driveway, Detached Garage, Gated
- Sewer:
- Sanitary Sewer
Appliances
- Appliances:
- Water Heater
Address Map
- Country:
- US
- State:
- OH
- County:
- Lucas
- City:
- Toledo
- Area:
- Hicks Farm
- Zipcode:
- 43605
- Street:
- Kelsey
- Street Number:
- 1525
- Street Suffix:
- Avenue
- Directions:
- Please see attached property directory.
Neighborhood
- Elementary School:
- Raymer
- 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:
- Aluminum Siding, Steel Siding
- Garage:
- 4.0
- Lot Features:
- Corner Lot
- Lot Size Dimensions:
- 3,600
- Number Of Units Total:
- 2
- On Market Date:
- 2025-10-01
- Stories Total:
- 2
- Virtual Tour:
- https://www.propertypanorama.com/instaview/toledo/6136688
- Water Source:
- Public
Listing Information
- List Agent Mls Id:
- 1STREHFR
- List Office Mls Id:
- RYLAN
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-01-14T07:17:17Z
- Originating System Name:
- NORIS
- Status Change Timestamp:
- 2025-10-01T00:27:54Z
Residential Income
1525 Kelsey Avenue, Toledo, Ohio 43605
4 Bedrooms
2,028 Sqft
$89,000
Listing ID #6136688
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 6136688
- Price :
- $89,000
- Bedrooms :
- 4
- Living Area :
- 2,028 Sqft
- Year Built :
- 1916
- Lot Area :
- 0.08 Acre
- Status :
- Active
- Property Sub Type :
- Duplex
- Roof:
- Shingle
- Status :
- Active
