Homes for sale / Toledo

$25,000 Active Reduced 50%

327 River Place, Toledo, OH 43611

  • 8 bed
  • 6,027 sq ft
  • 0.12 acres
  • Built 1923

About this home

This multifamily property presents a strong opportunity for investors looking to renovate, build equity, and generate long-term cash flow. The property will require a full renovation, including mechanicals, interiors, and exterior work. Once completed, the property has the potential to generate approximately $2,800-$3,200+ in monthly rental income based on market rents, putting it near or above the 1% rule. This makes it a strong candidate for a BRRRR strategy—renovate, rent, refinance, and hold—while building equity and creating potential cash flow.

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Key facts

Status
Active
Type
Quadruplex
Days on market
94
Price per sq ft
$4
Subdivision
Stickney
County
Lucas
MLS #
10010306
Listing brokerage
The Danberry Co
Listing brokerage contact
419-203-4659

Price reduced 50% from $50,000 on October 9.

Interior

Flooring
Tile, Wood

Exterior and construction

Structure
Quadruplex
Construction
Brick
Roof
Shingle
Porch and patio
Covered Porch, Front Porch

Lot and parking

Lot size
0.12 acres
Lot square feet
5,264
Lot dimensions
50X105
Lot features
Corner Lot
Parking
Off Street

Systems and utilities

Sewer
Public Sewer
Water
Public

Taxes and HOA

Tax year
2025
Parcel number
14-28957

Schools

District
Toledo
Elementary
Riverside
High school
Woodward

Sale terms

Financing accepted
Cash
Possession
Close Of Escrow
Disclosures
Lead Based Paint Disclosure, Property Disclosure

Around it

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Is it priced right?

Curious how this home is listed relative to fair market value? Send a request and I'll run a report for you and send it to you. Asking prices are the seller's opinion. What the homes around it sold for is the market's.

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Shown here through the MLS IDX program by Blacktree Realty. Listing information is provided by Northwest Ohio Real Estate Information Systems (NORIS) through the Internet Data Exchange program and is deemed reliable but not guaranteed. Listings held by brokerages other than Blacktree Realty are identified with the listing brokerage's name. © 2026 NORIS. All rights reserved. Data last updated Oct 13, 2026, 12:13 AM.

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327 River Place, Toledo, OH 43611 · 11 photos Book a tour
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