1356 N Cove Blvd, Toledo, OH, 43606
About This Home
Excellent investment opportunity in Toledo! This all-brick 6-unit apartment building offers strong upside, with current rents significantly below market and multiple ways to increase income. Two units are currently operated as furnished Airbnbs, each generating approximately $1,200 per month and backed by very strong rental histories, showing the potential to expand the short-term rental model to additional units. The property includes a mix of unit layouts, including one 1-bedroom/1-bath unit, and also features coin-operated laundry that brings in approximately $155 per month in additional income. With solid brick construction, proven furnished Airbnb performance, below-market rents, and multiple income streams, this property is ideal for an investor looking to add value, increase cash flow, and build long-term equity through rent increases, expanded short-term rental use, or continued multifamily operation.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Water Heater,Dryer,Washer
- Laundry features: See Remarks
Bedrooms & Bathrooms
- Bedrooms: 11
- Bathrooms: 6
Features
- Entrance Foyer
- Flooring: Carpet,Hardwood
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 8,184
- Total interior livable area: 8,184 sqft
Property
Details
- Parcel number: 1842301
Features
- Levels: Tri-Level
Lot
- Lot size: 6,534 sqft
- Features: Irregular Lot
- Lot size dimensions: 83X84
Parking
- Parking features: Off Street,Parking Lot,Additional Parking,Oversized
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
- Hail
- Inland Flooding
- Ice Storm
- Strong Wind
- Tornado
- Winter Weather
- 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 | $1,870 | $22,440 |
| Home Insurance * | $264 | $3,168 |
| Property Taxes | $511 | $6,132 |
| Electricity | $877 | $10,532 |
| Total | $3,522 | $42,264 |
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 |
|---|---|---|
| 2026-07-01 | Listed for sale | $369,900 |
| 2026-06-30 | Pending sale | $369,900 |
| 2026-06-22 | Listed for sale | $369,900 |
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