North Toledo 2 bed 1 bath single family at 531 E Park St, Toledo OH 43608. Priced at $22,000 cash, well under the neighborhood's renovated sales.
Key facts: 2 bed, 1 bath, 819 sqft, built 1922, 770 sqft basement with laundry hookups, 6,900 sqft lot (60x115), off-street gravel parking. Public water and sewer, natural gas. Vacant. Taxes about $660 per year.
Condition: This is a full rehab. Expect a gutted kitchen, missing front door, damaged plaster and floors, debris, and exposed wiring. Roof: shingle, condition unknown. HVAC: forced-air gas furnace, condition unknown, prior listing noted major systems removed. Foundation: block, condition unknown. Electrical: circuit breakers, needs work, condition unknown. Plumbing: unknown. Estimated repairs about $25,000.
Upside: Renovated 2 bed homes within half a mile have sold from about $46,000 to $57,000 in the last 6 months, and area rents run about $820 to $1,000 per month. There is also room to add living space upstairs. A strong fit for a buy-and-hold rental or a light-budget flip.
Terms: Cash or hard money, sold as-is, buyer pays closing costs. Closing on or before 11/25/2026.
Offer deadline: Tuesday, November 18 at 5 PM ET.
Text Jervon at (469) 949-3363 to request access or submit an offer.
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ARV $52,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $38,000.