428 Platt Street, Toledo, OH 43605
- 8 bed
- 4,808 sq ft
- 0.22 acres
- Built 1922
About this home
INVESTOR OPPORTUNITY IN EAST TOLEDO! This income-producing 4-unit property offers an excellent opportunity to add a cash-flowing asset to your investment portfolio. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable and easy-to-rent floor plan. The property is currently generating approximately $3,455 per month in rental income, providing immediate income for the new owner. Several updates have already been completed, offering a great starting point for an investor looking to continue improving the property and maximize long-term value. Located in East Toledo, just minutes from Downtown Toledo, major roadways, shopping, dining, entertainment, and the riverfront. East Toledo continues to see attention and investment, including ongoing development connecting the neighborhood to Toledo's growing downtown and riverfront areas. Whether you're an experienced investor or looking to expand your rental portfolio, this four-unit property offers solid existing cash flow, four 2-bedroom units, and additional potential for future growth.
Key facts
- Status
- Active
- Type
- Quadruplex
- Days on market
- 17
- Price per sq ft
- $57
- Garage
- 2 car
- Subdivision
- Yondota
- County
- Lucas
- MLS #
- 10013924
- Listing brokerage
- Serenity Realty LLC
- Listing brokerage contact
- 567-395-6117
Price reduced 8% from $299,900 on October 5.
Interior
- Flooring
- Luxury Vinyl, Wood
- Appliances
- Refrigerator
Exterior and construction
- Structure
- Quadruplex
- Construction
- Aluminum Siding
- Fencing
- Privacy
Lot and parking
- Lot size
- 0.22 acres
- Lot square feet
- 9,583
- Lot dimensions
- 30x80
- Garage spaces
- 2
- Parking
- Off Street
Systems and utilities
- Heating
- Forced Air
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
- Sewer
- Public Sewer
- Water
- Public
Taxes and HOA
- Tax year
- 2025
- Homestead exemption
- No
- Parcel number
- 17-03297
Schools
- District
- Toledo
- Elementary
- East Broadway
- High school
- Waite
Sale terms
- Financing accepted
- Cash, Conventional
- Possession
- Close Of Escrow, Subject To Tenant Rights
- Disclosures
- Lead Based Paint Disclosure, Property Disclosure
Around it
School district: what sold in the district and how it rates. ZIP 43605: 84 homes for sale · sold prices. Lucas County: 1100 homes for sale · county sold data. Town: everything for sale in Toledo · Toledo sold prices and days on market.
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.
Own a home nearby? Pick the second option and I'll value yours instead.
Similar multi-family for sale in Toledo
Active $265,000 4% below original
2128 Secor Road, Toledo, OH 43606
4 bd · 2,388 sq ft · built 1948
Rylan Realty Group Ltd
Active $254,900 12% below original
1163 Bernath, Toledo, OH 43615
4 bd · 2,400 sq ft · built 1979
LaPlante Real Estate, LLC
Active $299,000 5% below original
1364 N Cove Boulevard, Toledo, OH 43606
11 bd · 8,379 sq ft · built 1951
Coldwell Banker Haynes
Active $247,000 9% below original
2274 Robinwood Avenue, Toledo, OH 43620
6 bd · 7,016 sq ft · built 1909
The Danberry Co
Active $239,900
1917 Wyndhurst Road, Toledo, OH 43607
6 bd · 2,416 sq ft · built 1930
RE/MAX Masters
Active $225,000 10% below original
1202 Nevada Street, Toledo, OH 43605
8 bd · 6,912 sq ft · built 1897
Serenity Realty LLC
Everything for sale in Toledo · what Toledo homes actually sold for
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.