Excellent income-producing opportunity in the desirable Washington Local Schools district. This single-story, two-unit apartment building features two spacious units, each offering 2 bedrooms and 1 full bathroom. Recent updates include fresh paint and updated flooring, making the property attractive to tenants and easy to maintain. Designed for low-maintenance ownership, the building offers steady rental appeal and consistent income potential. The property shares a courtyard setting with an identical neighboring building and must be purchased together with 5536 Douglas Road, as the two identical structures are separated by a common courtyard area. A strong addition to any investment portfolio with proven rental demand and simple upkeep.
For sale
$150,000
5540 Douglas Rd, Toledo, OH 43613
4beds
2baths
1,250sqft
Est.:
Duplex, Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
Fresh paintUpdated flooringTwo spacious units
- 5 hours |
- 301 |
- 20 |
Zillow last checked: 8 hours ago
Listing updated: 10 hours ago
Listed by:
Jeremy Wolf 419-966-6418,
The Danberry Co
Source: NORIS,MLS#: 10004449
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Other
- Laundry: Common Area
Features
- Other
- Flooring: Carpet, Vinyl
- Has basement: No
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Lot
Features
- Levels: One
- Exterior features: Courtyard
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 36X134
- Features: Level
Details
- Additional parcels included: 2326011, The 2nd parcel is the vacant land, court yard area, between the two buildings at 5536 and 5540 Douglas Road.
- Parcel number: 2326007
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Sanitary Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Ferndale
Location
- Region: Toledo
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $1,200
- Annual tax amount: $296
- Date on market: 2/25/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: 12 Months
- Tenant pays: All Utilities
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,071/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | $150,000$120/sqft |
Source: NORIS #10004449 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $296 +49.8% | $420 +20% |
| 2023 | $197 +3.9% | $350 |
| 2022 | $190 +22.3% | $350 |
| 2021 | $155 -18.2% | $350 +25% |
| 2020 | $190 +10.6% | $280 |
| 2019 | $172 -35.2% | $280 |
| 2018 | $265 +42.9% | $280 +14.3% |
| 2017 | $185 +7.9% | $245 -65% |
| 2016 | $172 +18.9% | $700 |
| 2015 | $145 +725.7% | $700 +180% |
| 2014 | $18 | $250 |
| 2013 | $18 +3.8% | $250 |
| 2012 | $17 -94.5% | $250 -92.4% |
| 2011 | $305 +11.2% | $3,290 |
| 2010 | $275 -7.3% | $3,290 |
| 2009 | $296 -9% | $3,290 -13% |
| 2008 | $326 +7% | $3,780 |
| 2007 | $304 +4.4% | $3,780 |
| 2006 | $291 +31.3% | $3,780 -20.6% |
| 2004 | $222 +8.4% | $4,760 |
| 2003 | $205 -23.7% | $4,760 +21.4% |
| 2002 | $268 +44.6% | $3,920 |
| 2001 | $185 -47.8% | $3,920 |
| 2000 | $355 | $3,920 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$902/mo
Principal & interest
$691
Property taxes
$211
Climate risks
Neighborhood: Whitmer - Trilby
Nearby schools
GreatSchools rating
- 5/10Wernert Elementary SchoolGrades: K-6Distance: 0.5 mi
- 7/10Jefferson Junior High SchoolGrades: 6-7Distance: 0.4 mi
- 3/10Whitmer High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Silver Creek
- High: Whitmer
Source: NORIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 43613
