NOT LISTED FOR SALE

11902 Shadeland Ave Cleveland, OH 44108

Forest Hills Neighborhood
5 Beds
2 Baths
2,968 Sq Ft
3,681 Sq Ft Lot

Last Sold May 24, 2024

Last sale price $118,000 $40 Per Sq Ft

53 Days on Market

About This Home

As of May 2024

Investor's Dream: Fully Occupied Two-Family Investment Property in Cleveland, Ohio

Welcome to an excellent investment opportunity in Cleveland, Ohio! This fully occupied two-family property is a wise choice for investors looking to secure a steady stream of rental income. With both units already leased, you can start generating returns from day one.

Downstairs Unit

This spacious unit features a well-designed layout with a large living area and an open kitchen.
Two bedrooms provide comfortable accommodations for tenants.
A full bathroom ensures convenience for the occupants.
Current tenant in place, ensuring immediate rental income.

Upstairs Unit

The second unit mirrors the first with a similar layout, offering a generous living space and open kitchen.
Three bedrooms in this unit guarantee a cozy living environment.
A full bathroom caters to the needs of the tenants.
Reliable long-term tenant already in place, ensuring steady rental income.

This property represents a fantastic opportunity for investors seeking a hassle-free income stream. With both units currently occupied, you'll benefit from immediate rental income without the need to find new tenants. The separate utilities make it easy to manage, and the strong rental history ensures stability.

Don't miss out on this fully occupied investment property in Cleveland. Secure your financial future and schedule a viewing today to capitalize on this fantastic opportunity!

Last Agent to Sell the Property

Kquawan Brown

Keller Williams Greater Metropolitan Brokerage Email: (216) 839-5500 klrw297@kw.com License #2016004557 Listed on: 09/25/2023

Keller Williams Greater Metropolitan

Last Buyer's Agent

Kquawan Brown

Keller Williams Greater Metropolitan Brokerage Email: (216) 839-5500 klrw297@kw.com License #2016004557 Listed on: 09/25/2023

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1921

Lot Details

  • 3,681 Sq Ft Lot

Home Design

  • Slate Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Berwald Stewart Cos Eddy Road Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 111-07-144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$542

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1921
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Subdivision Name: Berwald-Stewart Cos Eddy Road
  • Above Grade Finished Sq Ft: 1988.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 980.0
  • Stories: 2

Exterior Features

  • Roof: Slate
  • Acres: 0.0845
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Paved

Utilities

  • LaundryFeatures: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 111-07-144
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 542.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $118,000 0.0% $40 / Sq Ft
11/16/2023 11/16/23 Off Market $118,000 -- --
11/16/2023 11/16/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $129,900 0.0% $44 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $129,900 -- $44 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kquawan Brown

    Seller's Agent in 2024

    Kquawan Brown

    Keller Williams Greater Metropolitan

    (216) 272-4616

    4 in this area

    82 Total Sales

    Kquawan Brown
    Section Image
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Map

Source: MLS Now

MLS Number: 4492663

MLS Now

APN: 111-07-144

Ohio Cuyahoga County Cleveland 44108 Forest Hills

11902 Shadeland Ave, Cleveland, OH

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