1114 N Superior Street, Toledo, OH 43604

$462,500

44EC3CFF-3260-4A57-B877-F90956B581E5_1_2

Property Type: Residential Income Bedrooms: 8 Square Footage: 4,416 Lot Size (sq. ft.): 8,984 Status: Closed

Current Price: $462,500 List Date: 11/11/2025 Last Modified: 4/11/2026

Overview

Description

DON'T MISS OUT ON THIS CASH COW!! FULLY LEASED with over a 10% "In Place" CAP-RATE! PLUS a Great opportunity to Buy-In at the early stages of the NEW Gateway Vistula Project! This 8 unit apartment building has SIX beautifully updated units with too many updates to list! Newer roof PLUS major mechanics updated! Ideally located close to Toledo Pickle Ball Club, Toledo Spirits and the Future Riverfront Park along the Maumee River.

Listing Details MLS# 10001303

Listing Information

Comp Sale YN: No
Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2026-04-10
Purchase Contract Date: 2026-04-07
Close Date: 2026-04-10
Close Price: 462500
Buyer Financing: Cash
Delayed Marketing: No

Address

Street Number: 1114
Street Direction Prefix: N
Street Name: Superior
Street Suffix: Street
County: Lucas
State: OH
Postal Code: 43604
Postal Code +4: 3710
Directions: Head North on Summit to Elm to North on Superior
Parcel Number: 15-43694

Contract

Named Exceptions YN: No
Original List Price: 485000
Listing Contract Date: 2025-11-10
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 109.83
Sold Price/SqFt: 104.73

Tax Legal

Subdivision Name: Vistula

Interior

Bedrooms Total: 8
Below Grade Finished Area: Yes
Below Grade Unfinished Area: 2207
Basement SqFt: 2208
Living Area: 4416
Living Area Source: Public Records
Basement YN: Yes

More Information

Parking Information

Garage YN: Yes
Garage Spaces: 5
Carport YN: No
Parking Total: 5

Building

New Construction YN: No
Year Built: 1927
Year Built Source: Public Records
Stories Total: 3
Home Warranty YN: No
Accessibility Features YN: No

Lot

Lot Size Acres: 0.2062
Lot Size Square Feet: 8984
Lot Size Dimensions: 49.5 x 165
Pool Private YN: No
Waterfront YN: No
Water Body Access YN: No

Utilities

Power Production YN: No
Cable Available: Yes
Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes
Sewer Available: Yes
Sewer Connected: Yes
Water Available: Yes
Water Connected: Yes

Remarks

Public Remarks: DON'T MISS OUT ON THIS CASH COW!! FULLY LEASED with over a 10% "In Place" CAP-RATE! PLUS a Great opportunity to Buy-In at the early stages of the NEW Gateway Vistula Project! This 8 unit apartment building has SIX beautifully updated units with too many updates to list! Newer roof PLUS major mechanics updated! Ideally located close to Toledo Pickle Ball Club, Toledo Spirits and the Future Riverfront Park along the Maumee River.
Interior/Exterior - Video/Audio Equipment: No

Deposits and Fee Amounts

Security Deposit Amount: 6050

Income and Expenses

Cap Rate: 11
Electric Expense: 1936
Gross Income: 73800
Insurance Expense: 5137
Maintenance Expense: 3600
Net Operating Income: 52193
New Taxes Expense: 4139
Operating Expense: 3600
Other Expense: 2567
Sewer Expense: 2728
Total Actual Rent: 72000
Cable TV Expense: 0
Manager Expense: 0

Pet Information

Pets Allowed YN: No

Unit Details

Number Of Units Leased: 8

Unit One

Unit Type Description: Renovated with new kitchen cabinets, counters, sinks, flooring and fixtures! Bathrooms updated with flooring, paint and fixtures. All new flooring throughout, ceiling fans in every room, and freshly painted top to bottom, ceilings, walls, trim and cabinets!
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 6
Number of Identical Units Leased: 6

Unit Two

Unit Type Description: Renovated with new kitchen cabinets, counters, sinks, flooring and fixtures! Bathrooms updated with flooring, paint and fixtures. All new flooring throughout, ceiling fans in every room, and freshly painted top to bottom, ceilings, walls, trim and cabinets!
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 6
Number of Identical Units Leased: 6

Unit Three

Unit Type Description: Long term tenant, did not want to be disturbed with paint and refurbishing.
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 6
Number of Identical Units Leased: 6

Unit Four

Unit Type Description: Renovated with new kitchen cabinets, counters, sinks, flooring and fixtures! Bathrooms updated with flooring, paint and fixtures. All new flooring throughout, ceiling fans in every room, and freshly painted top to bottom, ceilings, walls, trim and cabinets!
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 6
Number of Identical Units Leased: 6

Unit Five

Unit Type Description: Renovated with new kitchen cabinets, counters, sinks, flooring and fixtures! Bathrooms updated with flooring, paint and fixtures. All new flooring throughout, ceiling fans in every room, and freshly painted top to bottom, ceilings, walls, trim and cabinets!
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 6
Number of Identical Units Leased: 6

Unit Six

Unit Type Description: Renovated with new kitchen cabinets, counters, sinks, flooring and fixtures! Bathrooms updated with flooring, paint and fixtures. All new flooring throughout, ceiling fans in every room, and freshly painted top to bottom, ceilings, walls, trim and cabinets!
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 6
Number of Identical Units Leased: 6

Unit Seven

Unit Type Description: Long term tenant, did not want to be disturbed with paint and refurbishing.
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 2
Number of Identical Units Leased: 2

Unit Eight

Unit Type Description: Renovated with new kitchen cabinets, counters, sinks, flooring and fixtures! Bathrooms updated with flooring, paint and fixtures. All new flooring throughout, ceiling fans in every room, and freshly painted top to bottom, ceilings, walls, trim and cabinets!
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 500
Appliances Included: Yes
Furnished: Unfurnished
Occupied YN: Yes
Unit Type Actual Rent: 750
Number of Identical Units: 2
Number of Identical Units Leased: 2

Showing Information

Showing Instructions: Showing after accepted offer received. Proof of funds and/or pre approval.

Tax & Legal

School District: Toledo
Elementary/Primary School: Riverside
Junior High School: None
Middle School: None
High School: Woodward
6 Months General Tax: 1952.03
6 Months Special Assessment Tax: 117.94
6 Months Total Tax: 2069.97
Tax Year: 2025
Homestead Exempt YN: No
Tax Map Number: 1543694
Tax Lot: LOT 411 & 1/2 VAC ALLEY A
Additional Parcels YN: Yes
Additional Parcels Description: 1500263 Vacant land
Zoning: Commercial
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 8

Appliances

Gas Range: Yes
Gas Range Connection: Yes
Refrigerator: Yes

Attic Features

Storage Only: Yes
Unfinished: Yes
Walk-In Attic: Yes

Basement

Block: Yes
Unfinished: Yes

Community Features

Curbs: Yes
Pickleball: Yes
Sidewalks: Yes
Street Lights: Yes

Construction Materials

Block: Yes
Clapboard: Yes
Frame: Yes
Wood Siding: Yes

Cooling

Ceiling Fan(s): Yes
None: Yes

Disclosures

Lead Based Paint Disclosure: Yes

Door Features

Storm Door(s): Yes

Electric

Other: Yes

Fencing

Chain Link: Yes

Flooring

Hardwood: Yes
Laminate: Yes
Linoleum: Yes
Other: Yes

Foundation Details

Pillar/Post/Pier: Yes

Heating

Boiler: Yes

Interior Features

Storage: Yes
Wide Interior Halls and Doors: Yes

Laundry Features

Coin Laundry: Yes
In Basement: Yes

Levels

Two and One Half: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Location of Property

Neighborhood: Yes

Lot Features

Other: Yes

Other Structures

Garage(s): Yes

Outdoor Living Spaces Features

Front Porch: Yes
Glass Enclosed Patio: Yes

Parking Features

Accessible Parking: Yes
Detached Garage: Yes
Parking Lot: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Security Features

Carbon Monoxide Detector(s): Yes
Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Showing Considerations

Occupied: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

View

Downtown: Yes

Water Body View

No: Yes

Water Source

Public: Yes

Window Features

Storm Window(s): Yes

Income Includes

Laundry: Yes
Rent Only: Yes

Lease Term Options

12 Months: Yes
24 Months: Yes

Move In Costs

Security Deposit: Yes

Owner Pays

All Utilities: Yes
Common Area Maintenance: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Insurance: Yes
Lawn Care: Yes
Management: Yes
Repairs: Yes
Roof Maintenance: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Cable TV: Yes
Internet: Yes

Unit One Appliances and Equipment

Range: Yes
Refrigerator: Yes

Unit Two Appliances and Equipment

Range: Yes
Refrigerator: Yes

Unit Three Appliances and Equipment

Range: Yes
Refrigerator: Yes

Unit Four Appliances and Equipment

Range: Yes
Refrigerator: Yes

Unit Five Appliances and Equipment

Range: Yes
Refrigerator: Yes

Unit Six Appliances and Equipment

Range: Yes
Refrigerator: Yes

Unit Seven Appliances and Equipment

Range: Yes
Refrigerator: Yes

Unit Eight Appliances and Equipment

Range: Yes
Refrigerator: Yes

Showing Requirements

Call Listing Office: Yes
Other: Yes
See Remarks: Yes

Contingencies

Financing: Yes
Inspection: Yes

Property Features

Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected; Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Water Available; Water Connected Appliances: Gas Range; Gas Range Connection; Refrigerator Attic Features: Storage Only; Unfinished; Walk-In Attic Basement: Block; Unfinished Community Features: Curbs; Pickleball; Sidewalks; Street Lights Construction Materials: Block; Clapboard; Frame; Wood Siding Cooling: Ceiling Fan(s); None Disclosures: Lead Based Paint Disclosure Door Features: Storm Door(s) Electric: Other Fencing: Chain Link Flooring: Hardwood; Laminate; Linoleum; Other Foundation Details: Pillar/Post/Pier Heating: Boiler Income Includes: Laundry; Rent Only Interior Features: Storage; Wide Interior Halls and Doors Laundry Features: Coin Laundry; In Basement Lease Term Options: 12 Months; 24 Months Levels: Two and One Half Listing Terms: Cash; Conventional Location of Property: Neighborhood Lot Features: Other Move In Costs: Security Deposit Other Structures: Garage(s) Outdoor Living Spaces Features: Front Porch; Glass Enclosed Patio Owner Pays: All Utilities; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; HVAC Maintenance; Insurance; Lawn Care; Management; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Features: Accessible Parking; Detached Garage; Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Asphalt Roof: Shingle Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Standard Structure Type: Multi Family Tenant Pays: Cable TV; Internet View: Downtown Water Body View: No Water Source: Public Window Features: Storm Window(s) Unit One Appliances and Equipment: Range; Refrigerator Unit Two Appliances and Equipment: Range; Refrigerator Unit Three Appliances and Equipment: Range; Refrigerator Unit Four Appliances and Equipment: Range; Refrigerator Unit Five Appliances and Equipment: Range; Refrigerator Unit Six Appliances and Equipment: Range; Refrigerator Unit Seven Appliances and Equipment: Range; Refrigerator Unit Eight Appliances and Equipment: Range; Refrigerator Showing Considerations: Occupied Showing Requirements: Call Listing Office; Other; See Remarks Contingencies: Financing; Inspection

Listing Office: Key Realty LTD

Last Updated: April - 11 - 2026

Broker Attribution: 419-343-7680