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551 Spencer Street, Toledo, OH 43609

Local realty services provided by:CENTURY 21 Bolte Real Estate
551 Spencer Street,Toledo, OH 43609
$94,578
  • 3 Beds
  • 1 Baths
  • 1,243 sq. ft.
  • Single family
  • Active
Listed by: matt strehl
Office: rylan realty group ltd
MLS#:6136372
Source:OH_TBR

Price summary

  • Price:$94,578
  • Price per sq. ft.:$76.09

About this home

This property is being sold as part of an 82-unit portfolio. In place cap is 8.0%, pro forma cap is ~10.5%, NOI is $541K, 95.1% occupancy. Portfolio asking price is $6.76M. See attachment for list of all addresses. The 82-unit portfolio can also be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property contains 1413 Colburn, 1537 Remington, 1840 Talbot, 1912 Greenwood, 2074 Price, 26 Magyar, 3256 Jeannette, 4228 N. Lockwood, 4321 Burnham, 4345 Burnham, 440 Somerset, 551 Spencer, 560 Williamsville, 615 Cuthbert, and 729 Lodge for $1.56M.

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Home facts

  • Year built:1913
  • Listing ID #:6136372
  • Added:106 day(s) ago
  • Updated:January 14, 2026 at 04:25 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,243 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1913
  • Building area:1,243 sq. ft.
  • Lot area:0.08 Acres

Schools

  • High school:Waite
  • Middle school:None
  • Elementary school:Marshall Stemm Academy

Utilities

  • Water:Public
  • Sewer:Sanitary Sewer

Finances and disclosures

  • Price:$94,578
  • Price per sq. ft.:$76.09

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