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Strong, cash-flowing triplex that performs from day one. This property features three layouts including a 3 bed / 1 bath first-floor unit (1,344 sq ft), along with two second-floor units consisting of a 2 bed / 1 bath and a 1 bed / 1 bath"”appealing to a wide range of tenants. Currently generating $2,447/month in rental income, this is a fully operational asset priced to deliver a 12%+ cap rate and a 1.8% price-to-rent ratio. The numbers already make sense as-is, offering immediate return without the need for heavy lifting. Recent updates include newer vinyl windows, updated furnaces and hot water heaters, and glass block basement windows for added durability and reduced maintenance. All units include appliances that stay. A clean, stabilized investment with strong in-place returns and additional upside for those looking to optimize"”this is the type of property that works now and gets better over time.
| DAYS ON MARKET | 8 | LAST UPDATED | 4/2/2026 |
|---|---|---|---|
| TRACT | Yondota | YEAR BUILT | 1906 |
| COUNTY | Lucas | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | East Broadway |
|---|---|
| Jr. High School | None |
| High School | Waite |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Range, Refrigerator |
| BASEMENT | Yes |
| CONSTRUCTION | Brick, Wood Siding |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Other |
| LOT | 4800 sq ft |
| LOT DESCRIPTION | Other |
| LOT DIMENSIONS | 40x120 |
| PARKING | Concrete, Driveway |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Yondota |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with W & R Property Management
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than AmeriMade Realty, LLC are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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Data last updated: 4/7/26 1:29 AM PDT
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