1038 Prouty Avenue, Toledo, OH 43609

• 3 beds |
• 1 bath |
• 1,114 sqft

Property Description

Income-Producing Single-Family Home - Turnkey Investment Opportunity Excellent opportunity to add a cash-flowing rental property to your investment portfolio. This single-family home is currently leased at $645 per month with a lease in place through October 2026, providing immediate income and stable occupancy. Recent improvements include new flooring (2024), new kitchen cabinets (2024), a new furnace (2025), and new refrigerator and stove (2025). These updates enhance the property's appeal and help reduce future maintenance costs. With dependable rental income, long-term tenant stability, and significant recent upgrades, this property is well-suited for investors seeking a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1547 Airline, offering the opportunity to acquire multiple income-producing properties and increase your rental portfolio in one transaction.

Listing Status:

Active

Date Added:

June 19, 2026

Data Last Updated:

July 4, 2026 at 10:41PM

Listing Office:

LPG Realty : 419-308-5990

MLS ID:

10009042

Interior

• General: Other
• Appliances: Other
• Laundry: Other
• Basement: Full
• Flooring: Carpet
• A/C: None
• Heating: Forced AirNatural Gas

Exterior

• Parking: Other

Construction

• Roofing: Shingle
• General: Vinyl SidingTwoOther

Location

• Originating MLS: Northwest Ohio Real Estate Information Service (NORIS)
• School District: Toledo
• County: Lucas

Lot

• Zoning: 04-51977

Utilities

• Utilities: Electricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Northwest Ohio Real Estate Information Service (NORIS)