4857 Lewis Ave, Toledo, OH, 43612
About This Home
Exceptional turnkey investment opportunity featuring a well-maintained 6-unit multifamily property generating $4,235/month at full occupancy. This income-producing asset provides strong cash flow potential with several long-term tenants in place and a proven rental history. Property improvements include updated plumbing, multiple renovated kitchens, and convenient attic storage lockers for tenant use. A rare opportunity to add a stabilized multifamily property to your portfolio.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1929
Materials
- Foundation: Block
- Roof: Asphalt
- Construction materials: Aluminum Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Gas Oven,Gas Range,Refrigerator,Washer
- Laundry features: In Basement,Coin Laundry
Basement
- Has basement: Yes
- Basement: Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
Features
- Other
- Flooring: Combination,Hardwood
Heating & Cooling
- Heating features: Boiler
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Details
- Parcel number: 0962464
Features
- Patio & porch: Front Porch
- Exterior features: Balcony,Other
Lot
- Lot size: 0.46 Acres
- Features: Corner Lot
- Lot size dimensions: 5798
Parking
- Total spaces: 6
- Parking features: Concrete,Off Street,On Street,Parking Pad
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,617 | $19,404 |
| Home Insurance * | $348 | $4,176 |
| Property Taxes | $442 | $5,304 |
| Electricity | $308 | $3,706 |
| Total | $2,715 | $32,580 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-18 | Price change | $319,900 |
| 2024-08-01 | Pending sale | $315,000 |
| 2024-07-31 | Sold | $289,000 |
| 2024-05-30 | Contingent | $315,000 |
| 2024-05-23 | Listed for sale | $315,000 |
| 2024-05-16 | Contingent | $315,000 |
| 2024-05-03 | Listed for sale | $315,000 |
| 2023-11-28 | Listing removed | -- |
| 2023-10-31 | Listed for rent | $695 |
| 2022-05-12 | Sold | $204,000 |
| 2022-05-03 | Pending sale | $250,000 |
| 2022-04-19 | Listed for sale | $250,000 |
| 2021-03-11 | Listing removed | -- |
| 2021-03-02 | Listed for rent | $495 |
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