2603 Franklin Ave, Toledo, OH, 43610
About This Home
Attention investors! This triplex is packed with upside in a prime Toledo location directly across from Central Catholic High School and just around the corner from St. Vincent Medical Center. Featuring a newer roof, new furnace, fresh exterior paint, and several new windows, many of the major exterior improvements have already been completed. While the property still needs some TLC, it offers an excellent opportunity to add value and build equity through cosmetic updates. Whether you're looking to expand your rental portfolio, renovate for increased cash flow, or complete your next value-add project, this triplex has the location and potential to make it worthwhile. Third unit can be toured after accepted offer. Selling as-is. Come check it out
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1907
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Block
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Other
- Flooring: Hardwood
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,294
- Total interior livable area: 2,294 sqft
Property
Details
- Parcel number: 1604857
Features
- Patio & porch: Front Porch
Lot
- Lot size: 3,049 sqft
- Features: Corner Lot
- Lot size dimensions: 40X80
Parking
- Parking features: On Street,Alley Access
- 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 | $580 | $6,960 |
| Home Insurance * | $310 | $3,720 |
| Property Taxes | $158 | $1,896 |
| Electricity | $246 | $2,952 |
| Total | $1,294 | $15,528 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $114,900 |
| 1992-06-18 | Sold | $20,000 |
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