This compact, historic cottage sits in Toledo’s South Side just steps from the Maumee River. Built in 1887, the one‑story wood‑frame house contains approximately 824 square feet of living area on a 0.1‑acre (4,300 sqft) lot with about 30 feet of frontage on Colburn Street. The property is documented as vacant and in poor condition, and it lacks a garage, basement, and dedicated on‑site parking (street parking only).
Interior systems are minimal: the home is heated with space heaters and has no central cooling. The roof is documented as shingle and the construction is wood frame. The basic layout is two bedrooms and one bathroom within a single story, with improvement notes indicating the house requires significant renovation but offers potential for customization. Municipal utilities (gas, water, sewer, electric) are available to the site.
Zoned RD6 (Duplex Residential) under City of Toledo regulations, the parcel’s allowed uses include single‑family and duplex residences as well as certain community or religious uses; conversion potential to a two‑unit configuration is noted in the research but should be verified with the local zoning office. Comparable nearby sales and rental information show a range of outcomes for similar vintage homes: proximate comps include a larger nearby property with an estimated post‑rehab value in the mid‑$60k range, and a recent nearby rental at roughly $550/month, indicating potential income scenarios after full renovation.
Important risk factors appear in the public record. The property has a documented condition of poor and the research flags significant renovation needs. Ownership details are not readily available in primary records, and the 2025 annual property tax shown in the tax data is substantially elevated, which could materially affect holding costs. Given these items — condition, tax burden, and unclear title history — prospective buyers or investors should prioritize a full inspection, title search, tax assessment review, and verification of zoning allowances before proceeding.