NOT LISTED FOR SALE

13513 Cedar Rd University Heights, OH 44118

6 Beds
2 Baths
4,042 Sq Ft
5,850 Sq Ft Lot

Last Sold April 22, 2024

Last sale price $210,000 $52 Per Sq Ft

1 Day on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of April 2024

Looking for the PERFECT Investment Property in Lovely University Hights? Look No Further! Featuring a Stunning Fully Occupied Brick Duplex with 6 Bedrooms (3 Per Unit) and LOADS of Updates... A Fantastic Portfolio Property in a GREAT Location! Updates Include: New Furnaces (2023), New Central Air Units (2023), New Hot Water Tanks (2023), New 100 Amp Electrical Panels (2024), New Garage Concrete Pad (20204), Glassblock Windows in the Basement, Vinyl Siding on the 2 Car Garage... There's Too Many to List! Property is FULLY City Point of Sale Compliant and Violation Free! Stable Property With Long Term Tenants, Both on Month-To-Month Leases. Upstairs is Market Rate at $700/Month And Has Been There Over 16 Years. Downstairs is CMHA (Section 8) at $758/Month And Has Been There For Over 20 Years! Basement Has Two Finished Rooms And A Half Bath (Not Counted In The Listing) And Adds Storage For Residents. Hard To Find a Deal Like This In University Heights! Highly Desirable Location As It's Minutes From John Carroll, University Circle, Case Western... Easy To Attract Great Tenants. Don't Miss Your Chance On This Fantastic Property... Opportunity Rarely Knocks Twice!

Last Listed By

Victor Duqum

VSD Realty, LLC. Brokerage Email: 216-406-1772 victor@vsdrealty.com License #2012003077 Listed on: 03/15/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 5,850 Sq Ft Lot
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Cedarbrook Allotment 03 Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 722-01-065

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1942
  • Attribution Contact: 216-406-1772 victor@vsdrealty.com
  • Subdivision Name: Cedarbrook Allotment 03
  • Above Grade Finished Sq Ft: 2698.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1344.0
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial
  • Acres: 0.1343
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Hts-Univer - 1810

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 722-01-065
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Gross Income: 17496.0

Tax Info

  • Tax Annual Amount: 6584.0

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 Change Sq Ft Price
04/22/2024 04/22/24 Sold $210,000 +17.0% $52 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $179,500 +33.0% $44 / Sq Ft
09/02/2021 09/02/21 Sold $135,000 -12.8% $50 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $154,900 -3.1% $57 / Sq Ft
05/10/2021 05/10/21 For Sale $159,900 -- $59 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5024071

MLS Now

APN: 722-01-065