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123 N Erie St, Toledo, OH, 43604

7beds
8baths
10,560sqft
$1,419,000
$134price/sqft
$13,747/moest. monthly cost
$549,880/yrincome needed

About This Home

Rare opportunity to own a fully renovated mixed-use building in the heart of Downtown Toledo. Completely redeveloped in 2019/2020, this one-of-a-kind property features an expansive 3-bedroom, 3.5-bath luxury penthouse loft occupying the entire top floor, two beautifully appointed 2-bedroom, 2-bath apartments on the second floor, and a street-level commercial space occupied by Last Hope Tattoo. The renovation preserved the building's historic character while incorporating high-end finishes, modern mechanical systems, and contemporary amenities throughout. Located within walking distance of Toledo's premier restaurants, entertainment venues, sporting events, and riverfront attractions, 123 Erie Street offers the rare opportunity to enjoy luxury downtown penthouse living while generating income from the apartments and commercial space below. Financial information is available upon qualified request. For additional information or to schedule a private tour, contact Ryan Miller at 419-410-3133.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

3/10
Sherman Elementary SchoolGrades PK-81.1 mi
3/10
Woodward High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1888

Materials

  • Roof: Other

Type & Style

  • Home type: Unknown

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Garbage disposal,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile,Hardwood

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 10,560 sqft

Property

Details

  • Parcel number: 1215891

Features

  • Exterior features: Other,Stone,Brick
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 3,885 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage - Attached

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

  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hail
Inland Flooding
Ice Storm
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

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

MonthlyAnnual
Mortgage $7,175$86,100
Home Insurance *$3,478$41,736
Property Taxes $1,962$23,544
Electricity $1,132$13,590
Total$13,747$164,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$471,325/yr
40% on housing$412,410/yr
45% on housing$366,586/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

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.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$134This listing

vs Other Active Listings

Avg $/sqft

ZIP 43604$83
Lucas County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 43604$45
Lucas County$125

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

DateEventPrice
2026-07-02Listed for sale$1,419,000
2021-08-04Sold$985,000
2017-08-02Sold$115,000
2014-12-30Sold$38,000
1997-11-19Sold$78,000

For Sale by Owner

AgentProperty Owner

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