4244 N Lockwood, Toledo OH 43612

4244 N Lockwood Ave, Toledo, OH 43612 $75,000 Value Add 3 Bed 1 Bath in Library Village, West Toledo Value add alert!!! 4244 North Lockwood Ave is a 3 bedroom, 1 bath house in the Library Village area of West Toledo, 43612, listed at $75,000 with 983 square feet. Let me be straight with you: there is a lot of work here. Wood shake siding that needs a full scrape and paint. Wood windows on the main level and vinyl windows that were installed poorly. Paint, floors, fixtures, cabinets, the whole nine yards. Damp/wet basement due to severe negative grade at the back of the house. But two of the biggest capex items are already handled. The roof is newer and looking good, and the furnace was replaced in 2025. The sewer stack has already been replaced and the water heater is not old either. That is real money you are not spending. Under a thousand square feet in Toledo starts to get tight, and at 983 sq ft, this is tight. But once this one is brought back to life, you can expect $1150-$1200/mo (without central AC). For a $75,000 buy in, that math is worth running. This is a rehab, not a cleanup. Bring a real budget and a real crew. What we cover in this walkthrough: -Exterior condition including the shake siding, wood windows, and the driveway ribbon -The grading issue in the back and what it is doing to the basement -Roof and furnace, the two big capex items already done -Main floor layout, both downstairs bedrooms, and the bathroom -The dormer bedroom upstairs and whether it actually counts -Kitchen and where the square footage really pinches -The basement, the sewer stack, the water heater, and the electrical panel -Rent projections and what your finished number could look like -Whether central air is worth it on a house this size Property highlights: -3 bedrooms, 1 bath -983 square feet -Newer roof -Furnace 2025 -Sewer stack already replaced -Newer water heater -Full basement -Finished dormer space serving as the third bedroom -Plastic shower surround in decent shape -Off street parking via concrete ribbon driveway -Listed at $75,000 So what are you doing with this one? Full gut and rehab, or clean it up just enough to move in and build sweat equity over time? Drop me a comment and let me know how you would approach this one. Dave Poeppelmeier True North Team at Keller Williams Citywide 419.392.1792 [email protected] truenorthteam.homes If you want more Toledo walkthroughs with real numbers and no sugar coating, hit subscribe. #ToledoRealEstate #ToledoInvesting #ValueAddRealEstate #BuyAndHold #RealEstateInvesting #ToledoOhio #LibraryVillage #FixerUpper #CashFlow #RentalProperty #FirstTimeHomeBuyer #ToledoHomesForSale #RealEstateWalkthrough #KellerWilliams #TrueNorthTeam