$149,900

4124 Vermaas Avenue, Toledo, OH 43612

4 beds
2,491 sqft

Duplex
Built in 1907
5,227sqft lot
—— car garage
$60/sqft
Listed 11 days ago

Property Description

Rare opportunity to own a well-maintained duplex with one unit already producing $1010 of income and the second unit move-in ready. Investors can step into immediate cash flow with clear upside from day one, while house-hackers can live in one unit and let the other help cover the mortgage. Both units showcase the kind of original character that's nearly impossible to replicate in newer construction. Gleaming hardwood floors run throughout the living spaces, complemented by solid wood doors, rich window casings, deep baseboards, and signature arched doorways between the living and dining rooms. Sun-filled front rooms with banks of double-hung windows keep every space bright and welcoming. The vacant unit features a generous living room that flows through an arched opening into a separate dining room — ideal for entertaining or maximizing rental appeal. Two well-proportioned bedrooms, a full bath, and a functional kitchen complete the floor plan. Ceiling fans, updated lighting, and neutral paint throughout mean the next tenant — or owner — can move in immediately.

Listing Status:: Active
Date Added:: May 8, 2026
Data Last Updated:: May 20, 2026 at 2:41AM
Listing Office:: W & R Property Management : 419-491-2367
MLS ID:: 10007502

General: OtherStorage
Appliances: Electric RangeRefrigerator
Laundry: Electric Dryer HookupWasher Hookup
Basement: BlockConcreteFullInterior EntryUnfinished
Flooring: CarpetHardwoodTile
A/C: None
Heating: Forced AirNatural Gas
Fireplace: Fireplaces: 0

General: Balcony
Other Structures: Front Porch
Parking: ConcreteDrivewayOff StreetPrivateParking spaces: 6

Roofing: AsphaltShingle
General: Aluminum SidingTwoBlock

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

Zoning: 02-00324

Utilities: Cable AvailableElectricity 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 $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.