Calling all investors beginning or experienced, want a 20% return on your investment? Here awaits the perfect opportunity for cash flow. Proven track record of rental income, steady long term tenants, low maintenance hands off approach. Let your money go to work for you. This home to be sold as a package with 1406 Nevada St and 623 Raymer Blvd only. Rental income $700 month and $2075/month gross on all 3 properties. Total price $105,000. Home features 2 beds 1 bath, new gutters and hot water tank 2023 cosmetically updated 2020, full water proofed basement by EverDry. A golden opportunity!
Sold for $83,000 on 08/07/24
$83,000
243 Spring Grove Ave, Toledo, OH 43605
2beds
800sqft
Single Family Residence
Built in 1916
4,356 Square Feet Lot
$87,500 Zestimate®
$104/sqft
$870 Estimated rent
Home value
$87,500
$75,000 - $99,000
$870/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 13, 2025 at 11:57pm
Listed by:
Nicholas Novinsky 419-283-7306,
Key Realty
Bought with:
Vincent Marino, 2010002714
RE/MAX Preferred Associates
Source: NORIS,MLS#: 6107459
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Dimensions: 10 x 11
Bedroom 2
- Level: Main
- Dimensions: 10 x 9
Dining room
- Level: Main
- Dimensions: 12 x 11
Kitchen
- Level: Main
- Dimensions: 10 x 8
Living room
- Level: Main
- Dimensions: 12 x 11
Mud room
- Level: Main
- Dimensions: 10 x 7
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater
Features
- Flooring: Carpet, Laminate
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 800
- Total interior livable area: 800 sqft
Property
Parking
- Parking features: Off Street, None
Lot
- Size: 4,356 sqft
- Dimensions: 4,140
- Features: Corner Lot
Details
- Parcel number: 0712434
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Steel Siding
- Roof: Shingle
Condition
- Year built: 1916
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Sanitary Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Location
- Region: Toledo
- Subdivision: Hicks Farm
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2024 | Sold | $83,000+125.6%$104/sqft |
Source: Public Record | ||
| 10/16/2023 | Sold | $36,784+5.1%$46/sqft |
Source: NORIS #6107459 | ||
| 10/9/2023 | Pending sale | $35,000$44/sqft |
Source: NORIS #6107459 | ||
| 10/5/2023 | Contingent | $35,000$44/sqft |
Source: NORIS #6107459 | ||
| 9/28/2023 | Listed for sale | $35,000-6.7%$44/sqft |
Source: NORIS #6107459 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,086 +0.1% | $13,125 +3.9% |
| 2023 | $1,085 +0.7% | $12,635 |
| 2022 | $1,077 +3.9% | $12,635 |
Find assessor info on the county website
Neighborhood: East Toledo
Nearby schools
GreatSchools rating
- 4/10Garfield Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 3/10Waite High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Raymer
- High: Waite
Source: NORIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$87,500
2% more+ $1,750
With Zillow Showcase(estimated)
$89,250