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4013 Caroline Ave, Toledo, OH, 43612

3beds
2baths
1,120sqft
$134,900
$120price/sqft
$1,207/moest. monthly cost
$48,280/yrincome needed

About This Home

This renovated duplex is a rare find in West Toledo, perfect for investors or owner-occupants. The upper unit offers a spacious 1-bedroom layout with a living room, updated kitchen, full bath, and dedicated laundry room. The lower unit features a main floor with kitchen, dining, living room, and bedroom, plus exclusive access to the finished basement that includes a second living room and an additional bedroom — creating a flexible 2-bedroom setup. Both units have been remodeled with brand-new vinyl plank flooring, fresh carpet, updated fixtures, modern lighting, new countertops, and stainless steel appliance packages. Each unit includes in-unit washer/dryer hookups, a major draw for tenants. Additional upgrades include a newer furnace and hot water tank, an attached garage, and a full basement with ample storage. With separate gas and electric meters, tenants cover their own utilities. Whether you're seeking strong rental income or a house-hack with room to spread out, this duplex is ready to deliver.

Getting Around

64
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

3/10
1/10
Start High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1917

Materials

  • Foundation: Block
  • Roof: Asphalt,Flat
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Other
  • Flooring: Carpet,Luxury Vinyl
  • Finished area below ground: 560

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,120
  • Total interior livable area: 1,120 sqft

Property

Details

  • Parcel number: 0200641

Features

  • Patio & porch: Side Porch,Front Porch
  • Exterior features: Private Entrance

Lot

  • Lot size: 1,742 sqft
  • Features: Corner Lot
  • Lot size dimensions: 42X39

Parking

  • Total spaces: 1
  • Parking features: Concrete,Attached Garage
  • Has garage: Yes
  • Attached garage spaces: 1

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
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tornado
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 $682$8,184
Home Insurance *$146$1,752
Property Taxes $186$2,232
Electricity $193$2,320
Total$1,207$14,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,382/yr
40% on housing$36,210/yr
45% on housing$32,186/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

$120This listing

vs Other Active Listings

Avg $/sqft

ZIP 43612$64
Lucas County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 43612$100
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
2026-08-06Contingent$134,900
2026-07-09Listing removed$725
2026-07-09Listed for sale$134,900
2026-06-19Price change$725
2026-06-13Price change$750
2026-05-28Listed for rent$800
2025-12-08Listing removed$950
2025-11-27Price change$950
2025-11-13Price change$800
2025-10-28Listed for rent$1,000
2025-10-27Sold$130,000
2025-10-20Contingent$135,000
2025-10-17Listed for sale$135,000
2025-07-07Sold$45,000
2025-06-25Pending sale$44,900
2025-06-14Listed for sale$44,900
2023-10-11Listing removed--
2023-10-10Listed for rent$650
2023-08-03Listing removed--
2023-06-08Listed for rent$650
2018-05-31Sold$26,400
2018-05-04Pending sale--
2018-04-18Listed for sale--
2014-08-22Sold$9,000
2013-11-07Sold$24,000
2002-04-19Sold$49,000

For Sale by Agent

AgentAndrew Lee
BrokerageLPG Realty

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