See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3

1202 Nevada St, Toledo, OH, 43605

8beds
6baths
6,912sqft
$225,000
$33price/sqft
$2,634/moest. monthly cost
$105,360/yrincome needed

About This Home

1202 Nevada is the investment opportunity you've been waiting for! Located in the heart of East Toledo, this fully occupied six-unit multifamily property offers immediate cash flow and steady rental income. Currently generating $3,450/month, this property is ready for its next owner to take over a strong income-producing asset. No showings without an accepted offer. Property will need to be sold with 609/611 Willard (currently seller financed, buyer will assume the terms and price)

Getting Around

63
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

4/10
Raymer Elementary SchoolGrades PK-80.2 mi
3/10
Waite High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1897

Materials

  • Foundation: Other
  • Roof: Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Other

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6

Features

  • Other
  • Flooring: Other

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 6,912
  • Total interior livable area: 6,912 sqft

Property

Details

  • Parcel number: 0965467

Lot

  • Lot size: 3,484 sqft
  • Features: Corner Lot
  • Lot size dimensions: 30X121

Parking

  • Parking features: Alley Access,Driveway
  • 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

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Ice Storm
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 $1,137$13,644
Home Insurance *$445$5,340
Property Taxes $311$3,732
Electricity $741$8,895
Total$2,634$31,608
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,308/yr
40% on housing$79,020/yr
45% on housing$70,240/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

$33This listing

vs Other Active Listings

Avg $/sqft

ZIP 43605$45
Lucas County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 43605$57
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)

No zestimate history available

Price History

DateEventPrice
2026-07-21Price change$225,000
2026-06-19Price change$245,000
2026-05-16Listed for sale$250,000
2025-10-10Listing removed$295,000
2025-06-10Price change$295,000
2025-05-14Listed for sale$325,000

For Sale by Agent

AgentAlexandria Teets
BrokerageSerenity Realty LLC

Similar Homes