1201 Western Ave, Toledo, OH 43609, USA

$19,600

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šŸ”„ Toledo Deep Discount Deal | Full Rehab | High ROI šŸ”„

Address: 1201 Western Ave, Toledo, OH 43609
Price: $19,600
ARV: $110,000

Property Overview

Extremely discounted 3-bed, 1-bath brick home offering 1,325 sq ft—ideal for investors looking for a full rehab project with strong upside. Built in 1897 and sitting on a 0.138-acre lot, this property is a prime candidate for a flip or long-term rental.

The property will be delivered vacant at closing, allowing immediate renovation.

Key Features

  • 3 Beds / 1 Bath
  • 1,325 Sq Ft
  • Brick Construction
  • 0.138 Acre Lot
  • No HOA

Condition & Systems

  • Full rehab required
  • No current flooring
  • Electrical not updated
  • Roof ~15 years old
  • Windows ~9 years old
  • Water heater ~5 years old

Investment Highlights

  • Ultra-low entry price at $19.6K
  • Strong ~$90K spread to ARV
  • Rental potential: $1,000–$1,300/month
  • Ideal for fix & flip or buy-and-hold strategy
  • Vacant at closing = immediate project start

Deal Potential

  • Flip into ~$100K+ range after full renovation
  • Rental with strong cash flow relative to basis
  • Full reposition opportunity for maximum equity

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⚔ Deep discount deals like this with strong rental upside don’t last — first serious buyer wins

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