$290,460
SOLD FEB 3, 2025
6 Beds
2 Baths
2,200 Sq Ft
5,558 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

12 Days on Market

About This Home

As of February 2025

Fully renovated, section 8 occupied duplex offers exceptional cash flow exceeding the 1% rule with gross rent of $3,071 per month from section 8 tenants, your income is guaranteed. Situated in the west side of Cleveland in a rapidly developing area just south of Madison Avenue and north of I-90, only a few blocks from the vibrant Detroit Shoreway district. The property features two spacious units, each with 3 bedrooms and 1 bath, and is completely renovated in 2024. The home boasts a brand-new roof, all new vinyl siding, all new windows, 2 new furnaces, 2 new hot water tanks, all new plumbing and all new electrical. This home has been renovated with modern upgrades such as luxury vinyl plank (LVP) flooring in every room, the kitchens have been updated with new cabinets, granite countertops, tile backsplash and the bathrooms showcase stylish new tile and vanities. The property is as close to new construction as it gets. Located in one of Cleveland's most promising neighborhoods, this property offers incredible long-term potential and immediate returns. Don't miss out on this turnkey investment opportunity! Call the listing agent today to learn about an opportunity to have free property management and NO repairs / maintenance cost for a year!!

Last Agent to Sell the Property

Jack Krusinski

EXP Realty, LLC. Brokerage Email: jack@21hillrealestate.com 216-789-6736 License #2021004622 Listed on: 01/03/2025

EXP Realty, LLC.

Co-Listed By

Luke Schimpf

EXP Realty, LLC. Brokerage Email: jack@21hillrealestate.com 216-789-6736 License #2020007432

Last Buyer's Agent

Jack Krusinski

EXP Realty, LLC. Brokerage Email: jack@21hillrealestate.com 216-789-6736 License #2021004622 Listed on: 01/03/2025

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1887 | Remodeled

Lot Details

  • 5,558 Sq Ft Lot

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • No Garage
  • Paved Parking

Utilities

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

Community Details

  • D C Taylors Sub Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 006-03-095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,238

Year Built

Built in 1887 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1887
  • Attribution Contact: jack@21hillrealestate.com 216-789-6736
  • Co List Office Mls Id: 2709
  • Co List Office Phone: 440-546-1313
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: D C Taylors Sub
  • Above Grade Finished Sq Ft: 2200.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Common Basement, Full, Unfinished
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1276
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

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

Utilities

  • LaundryFeatures: Common Area, In Basement
  • 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: 006-03-095
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Annual Amount: 1238.0

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 Change Sq Ft Price
02/03/2025 02/03/25 Sold $290,460 +0.2% $132 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $289,900 +346.0% $132 / Sq Ft
05/15/2024 05/15/24 Sold $65,000 -5.8% $37 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/17/2024 03/17/24 For Sale $69,000 -- $39 / 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: 5092345

MLS Now

APN: 006-03-095