NOT LISTED FOR SALE

1347 Marlowe Ave Lakewood, OH 44107

5 Beds
3 Baths
2,854 Sq Ft
5,332 Sq Ft Lot

Last Sold April 18, 2024

Last sale price $386,000 $135 Per Sq Ft

3 Days on Market

Highlights

  • Storm Windows
  • Built-In Features
  • Forced Air Heating System
  • Grant Elementary School Rated A
  • Woodwork
  • 5-minute walk to Bernice Pyke Park

About This Home

As of April 2024

This 3-family home located in Central Lakewood offers an exceptional opportunity as an income generator. Recent upgrades have been made, including newer furnaces for the first and second floor units, and a split unit for the third floor. Additionally, newer storm windows and updated electrical panels have been installed. Each unit boasts charming interiors with classic natural wood cabinets in the dining and living areas, hardwood flooring, covered porches, and off-street parking. The first floor has been recently renovated, featuring a modern kitchen and bath. The second floor also has an updated bath and kitchen.Tenancy terms vary for the second and third floors, while the first floor is currently vacant, presenting an excellent opportunity for immediate occupancy or potential rental income.To explore this property further, schedule a private showing or visit the public open house on March 23rd or 24th. Don't miss out on the chance to own this prime investment property in Central Lakewood.

Last Agent to Sell the Property

Tiffany Singer

Howard Hanna Brokerage Email: tiffanysinger@howardhanna.com 216-536-4207 License #2007001127 Listed on: 03/20/2024

Howard Hanna

Last Buyer's Agent

Sylvia Incorvaia

EXP Realty, LLC. License #411497

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1922

Lot Details

  • 5,332 Sq Ft Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,854 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Woodwork
  • Basement
  • Laundry in Basement
  • Storm Windows
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heat Pump System

Community Details

  • Jc Lower Sub Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 312-20-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,600

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1922
  • Attribution Contact: tiffanysinger@howardhanna.com 216-536-4207
  • Subdivision Name: Jc Lower Sub
  • Above Grade Finished Sq Ft: 2854.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Built-in Features, Natural Woodwork
  • Unit Levels: Three Or More
  • ResoWindowFeatures: Storm Window(s)
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1224
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Common, Driveway, Off Street

Utilities

  • LaundryFeatures: Common Area, In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Lakewood CSD (Cuyahoga)- 1817

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 312-20-031
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 5600.0

Range of Values:

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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 Prior Sale
04/18/2024 04/18/24 Sold $386,000 +0.3% $135 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $385,000 +20.3% $135 / Sq Ft
02/10/2022 02/10/22 Sold $320,000 +5.0% $81 / Sq Ft View Prior Sale
01/12/2022 01/12/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $304,900 -- $77 / Sq Ft
Source: MLS Now (Howard Hanna)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tiffany Singer

    Seller's Agent in 2024

    Tiffany Singer

    Howard Hanna

    (216) 536-4207

    3 in this area

    93 Total Sales

    Tiffany Singer
    Section Image
  • Sylvia Incorvaia

    Buyer's Agent in 2024

    Sylvia Incorvaia

    EXP Realty, LLC.

    (216) 316-1893

    31 in this area

    2,605 Total Sales

    Sylvia Incorvaia
    Section Image
  • Sandra Maline

    Seller's Agent in 2022

    Sandra Maline

    The Advantage in Real Estate

    (440) 554-2260

    9 in this area

    119 Total Sales

    Sandra Maline
    Section Image
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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5024759

MLS Now (Howard Hanna)

APN: 312-20-031

Ohio Cuyahoga County Lakewood 44107

1347 Marlowe Ave, Lakewood, OH

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now (Howard Hanna) Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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