Looking for a low-maintenance investment with rental income already in place? This well-maintained condo offers an excellent opportunity to add to your portfolio while benefiting from recent improvements and reduced day-to-day maintenance responsibilities. The current tenant pays $1,250 per month through February 20, 2027, providing established rental income from day one. Recent improvements include a NEW AC installed in 2026, fresh interior paint, a newer water heater (less than four years old), new basement carpet, a new refrigerator, and a new toilet in the downstairs half bath. All appliances are included. The HOA covers water, exterior maintenance, lawn care, snow removal, and exterior insurance, helping simplify ownership and make ongoing expenses more predictable. The tenant is responsible for utilities, adding to the property's appeal as a rental investment. Whether you're expanding your rental portfolio or planning for future owner-occupancy after the current lease ends, this property offers a combination of existing income, recent updates, and low-maintenance condo living. With a reduced price and recent improvements, now is a great opportunity to take a closer look!
CondoProperty Type
1964Year Built
$80Price/Sq.Ft.
$173/moHOA Dues
Listed by Case McCarthy• HillMcCarthy Real Estate LLC
Glendale-Heatherdowns, located between South Avenue and Heatherdowns Boulevard, is a residential and commercial Toledo neighborhood with mid-century ranch streetscapes and a retail corridor feel. The neighborhood’s character concentrates around the Reynolds Road and Heatherdowns Boulevard intersection, where plazas, diners, and everyday services keep sidewalks and parking lots in steady motion. Swan Creek Preserve Metropark frames the area with wooded trails and creek views that shift the pace away from traffic. Housing reads as tidy brick ranches, split-levels, and pockets of newer infill near busier arterials. Heatherdowns Country Club adds a manicured, green edge, while nearby Maumee Antique Mall brings a browse-and-collect ritual to weekends.
Provided by Walk Score and Local Logic
Market insights
3217 Glanzman Rd Unit 16 · $89,900
DAYS ON MARKET
1 days
The average home goes pending in 41 days.
SALE-TO-LIST
99.1%
Most homes are selling 1% below list price.
LIST PRICE
$89,900
Median sale price in this area is $223,297. (148% higher than this home)
PRICE DROP
0 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Lower-level bonus room
Basement
Bedrooms
Bedrooms 2 and 3 are on the upper level
Bathrooms
1 full bathroom
1 half bathroom
Kitchen
Electric range, refrigerator
Laundry & utility
Washer, dryer
Laundry in basement
Flooring
Carpet, vinyl
Heating & cooling
Forced-air heating
Central air
Exterior features
Rear patio
Home design
Condominium
Townhouse
Two stories
No common walls
Parking
Assigned parking
Construction
Brick and wood siding construction
Wood roof
Block foundation
Utilities
Electricity connected
Public sewer
Public water
HOA & community
Monthly association fee of $173
Association fee includes grounds maintenance, sewer, water, snow removal, exterior hazard insurance, and lawn care
Electricity and solar
View estimated energy costs and solar savings for this home
The CR, Regional Commercial zoning district is intended to accommodate auto-oriented commercial development in areas already built in this manner and to accommodate community and regional-oriented commercial uses.
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Toledo, OH • 43614
Average low and high temperatures (°F)
29
17
36
22
55
35
64
44
69
51
83
64
87
68
81
62
78
56
68
47
51
38
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in Toledo. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3217 Glanzman Rd Unit 16
$89,789
$111 under list price of $90K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $63K to $134K.