$169,900

338 Kenilworth Avenue, Toledo, OH 43610

  • 4 beds
  • 4,665 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1897
  • Property Lot Size Icon8,202sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $36/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Stabilized 4-unit opportunity in Toledo's historic district with strong returns and upside. This property features four spacious 1 bed / 1 bath units, each offering approximately 1,150 sq ft—much larger than typical units in the area. Currently 3 of 4 units are rented, with full occupancy projected at $2,910/month ($34,920/year), delivering a 12+ cap rate. One unit is a long term section 8 tenant at $813. Each unit includes hardwood floors, appliances, and impressive 9.5' ceilings that enhance the character and livability. The vacant unit has just been renovated and is ready for a tenant. Shared basement provides additional storage and on-site laundry for tenant convenience. Located just minutes from downtown Toledo, the Toledo Museum of Art, and major interstate access, this property sits in a high-demand rental corridor known for its historic charm and large unit sizes. Whether you're looking to add cash flow to your portfolio or move in the final unit for immediate upside, this is a solid investment in a proven rental market.

Listing Status:
Active
Date Added:
April 2, 2026
Data Last Updated:
April 2, 2026 at 4:42PM
Listing Office:
W & R Property Management : 419-491-2367
MLS ID:
10005673
  • General: Other
  • Appliances: Electric OvenElectric RangeRefrigerator
  • Laundry: In Basement
  • Basement: BlockFullUnfinished
  • Flooring: Hardwood
  • A/C: Window Unit(s)
  • Heating: ElectricBoiler
  • Fireplace: Fireplaces: 0
  • Parking: ConcreteDetached GarageDrivewayParking spaces: 8
  • Roofing: Asphalt
  • General: BrickWood SidingTwo and One HalfBlock
  • Originating MLS: Northwest Ohio Real Estate Information Service (NORIS)
  • School District: Toledo
  • County: Lucas
  • Zoning: 03-17214
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Northwest Ohio Real Estate Information Service (NORIS)

This listing courtesy of W & R Property Management

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rosa Parks Elementary School

3350 Cherry St, Toledo, OH, 43608

Grades KG-8

0.56 miles away

O

Old West End Academy Elementary School

3131 Cambridge St, Toledo, OH, 43610

Grades KG-8

0.28 miles away

S

Scott High School

2400 Collingwood Blvd, Toledo, OH, 43620

Grades 9-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.