NOT LISTED FOR SALE
4 Beds
2 Baths
2,224 Sq Ft
8,838 Sq Ft Lot

Sale Details

Date Sold: October 4, 2022

Last sale price $164,000 $74 Per Sq Ft

51 Days on Market

About This Home

As of October 2022

Income-producing duplex in Bedford Heights! If you know Cleveland, you know this is a solid investment sub-market with an abundance of rental demand and high quality tenants as well as the ability to fetch strong rents. This up and down duplex has tons of potential and doesn't need much at all. Both units are occupied by month to month tenants currently with rents at $690 per side (well under market rent!). Finish some slight touch ups and organically bump rents, or strategically renovate to take advantage of the huge rent upside available. Each unit has two beds, one bathroom plus there is a third floor that is unfinished and can be finished to be an addition to the second floor unit for additional income. There's a sizable backyard that tenants will love as well. There is also new copper plumbing throughout the house and newer mechanicals, so many of the big ticket items have been recently handled and a new owner won't have to worry about them for quite some time. The garage does need a little work though (see pics). This property is already cash flowing, but a savvy investor will take it to the next level and own a multi family property in one of the hottest markets in Cleveland to invest it!

Last Agent to Sell the Property

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 06/28/2022

Russell Real Estate Services

Co-Listed By

Michael Orlando

Key Realty License #2021000887

Last Buyer's Agent

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 06/28/2022

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 1856

Lot Details

  • 8,838 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,224 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 811-33-045

Community Details

Overview

  • 2 Units
  • Bedford Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,064

Year Built

Built in 1856

Lot Details

8,838 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 73.74
  • Estimated Price per Sq Ft: 73.74
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2224
  • Year Built: 1856
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1856

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2224.00
  • Sq Ft Approx Total Finished: 2224.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Bedford

Schools

  • School District: Bedford CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2029
  • Parcel Number: 811-33-045

Multi Family

  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3064

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Bought by

Purchase Details

Listed on
Jun 28, 2022
Closed on
Oct 3, 2022
Sold by
Bought by
Seller's Agent
Tal Tamir
Russell Real Estate Services
Buyer's Agent
Tal Tamir
Russell Real Estate Services
List Price
$163,997
Sold Price
$164,000
Premium/Discount to List
$3
0.002%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0513%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 1977
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 1975
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$164,000 Newman Title
$87,000 --
$37,000 --
$30,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,000
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $164,000 0.0% $74 / Sq Ft
08/18/2022 08/18/22 Off Market $164,000 -- --
08/18/2022 08/18/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $163,997 -- $74 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,840 $58,730 $10,780 $47,950
2024 $4,706 $58,730 $10,780 $47,950
2023 $3,578 $37,280 $7,810 $29,470
2022 $3,191 $37,275 $7,805 $29,470
2021 $3,064 $37,280 $7,810 $29,470
2020 $3,071 $33,600 $7,040 $26,570
2019 $2,996 $96,000 $20,100 $75,900
2018 $2,983 $33,600 $7,040 $26,570
2017 $3,017 $32,210 $6,550 $25,660
2016 $2,993 $32,210 $6,550 $25,660
2015 $2,640 $32,210 $6,550 $25,660
2014 $2,640 $32,210 $6,550 $25,660
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4387134

MLS Now

APN: 811-33-045

Your Personal Tour Guide

Ask me questions while you tour the home.