3-bed, 2-bath ranch in University Heights with updated interiors
Sales comparison approach using 3 nearby comps from the last year. Adjusted for property age and condition. Income approach indicates rental value of $1,500/mo.
This single‑story ranch at 1430 West Delaware Avenue sits in the University Heights neighborhood just blocks from the University of Toledo. Built in 1950 and arranged on approximately 1,500 square feet, the house rests on a roughly 0.14‑acre (6,000 sq ft) lot with frontage on West Delaware Avenue and driveway parking for two vehicles. Public records show the property is owner‑occupied and maintained in good condition, making it a straightforward option for owner‑occupiers or investors seeking low‑turnover rental potential.
Interior improvements documented in county records include three bedrooms, two bathrooms, hardwood floors, an updated kitchen, central heating and central air conditioning, and a partially finished basement. The home’s single‑story layout and ranch footprint are consistent with mid‑20th century wood‑frame construction and an asphalt shingle roof. There is no attached garage. These features support comfortable day‑to‑day living and relatively simple maintenance given the property’s straightforward systems.
Site and zoning details point to typical residential use: the lot is level with standard driveway access from West Delaware Avenue, and local zoning is R‑1 (single‑family residential) under the City of Toledo code. The surrounding area is a mix of residential, educational, and commercial uses, and primary retail and commuter access runs along West Bancroft Street about half a mile away. Nearby anchors include the University of Toledo, Ottawa Park, and the Toledo Museum of Art, which shape steady local demand for housing from students, faculty, and families.
Market context and recent comparable sales within a half‑mile radius show per‑square‑foot sales in the low‑to‑mid‑$130s and indicate a market with modest inventory and steady absorption. The research record also includes an income approach suggesting a plausible rental figure for a three‑bedroom in this neighborhood. Prospective buyers should note the property’s age—original construction circa 1950—and follow recommended verifications such as confirming boundaries with a survey and inspecting the roof and foundation. The analysis is AI‑assisted and should be validated against primary records and an on‑site inspection prior to any transaction.
1430 West Delaware Avenue, Toledo, Ohio 43606
University Heights is a mixed residential and institutional neighborhood anchored by the University of Toledo. The area combines family‑oriented blocks with housing that appeals to students, faculty, and staff. Local amenities include Ottawa Park (about 1 mile), cultural destinations such as the Toledo Museum of Art (about 2 miles), and a commercial corridor along West Bancroft Street roughly 0.5 miles away. Schools serving the area include Old Orchard Elementary, DeVeaux Middle School, and Start High School within the Toledo Public Schools district, creating a neighborhood mix attractive to renters and homeowners alike.
The property is within close reach of Ottawa Park (about 1 mile) and within a short drive of the Toledo Museum of Art, providing nearby green space and cultural recreation options.
Assessed value is kept visually separate from the CompCasa market-value estimate.
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