NOT LISTED FOR SALE

3435 Altamont Ave Cleveland, OH 44118

7 Beds
3 Baths
3,124 Sq Ft
5,227 Sq Ft Lot

Last Sold November 01, 2023

Last sale price $160,000 $51 Per Sq Ft

112 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • Laundry Facilities

About This Home

As of November 2023

Introducing this large 3-unit, owner-occupied rental property in Cleveland Heights! The unit mix consists of 3-bed/1-bath, 3-bed/1-bath & 1-bed/1-bath on the third floor. The first and second floor units boast beautifully refinished hardwood floors, large living & dining rooms and spacious bedrooms. The top floor is a great space as well that just needs a small amount of cosmetic work to bring it back to its former glory. Both furnaces are in good condition and at least 1 hot water tank has recently been replaced. With a little bit of TLC you can easily achieve $2,850/month in total gross rent ($1,050/month for each of the 3-beds and $750 for the top floor 1-bed) taking you to a strong double-digit cash-on-cash return.

Last Agent to Sell the Property

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 06/19/2023

Russell Real Estate Services

Last Buyer's Agent

Tal Tamir

Russell Real Estate Services License #2018001908 Listed on: 06/19/2023

Russell Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,124 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 684-29-096

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 51.22
  • Estimated Price per Sq Ft: 51.22
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3124
  • Year Built: 1920
  • Court Ordered Y N: No
  • Attribution Contact: tal@premierclevelandinvesting.com (216) 870-8687
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3124.00
  • Sq Ft Approx Total Finished: 3124.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Cleveland Hts-Univer

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1200
  • Parcel Number: 684-29-096

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 5627

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
11/01/2023 11/01/23 Sold $160,000 -11.1% $51 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $179,900 0.0% $58 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $179,900 -5.3% $58 / Sq Ft
07/13/2023 07/13/23 For Sale $189,900 0.0% $61 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $189,900 +708.1% $61 / Sq Ft
03/23/2012 03/23/12 Sold $23,500 +2.6% $10 / Sq Ft View Prior Sale
02/06/2012 02/06/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $22,900 -- $9 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tal Tamir

    Seller's Agent in 2023

    Tal Tamir

    Russell Real Estate Services

    (440) 336-5220

    12 in this area

    266 Total Sales

    Tal Tamir
    Section Image
  • David Sarver

    Seller's Agent in 2012

    David Sarver

    Berkshire Hathaway HomeServices Professional Realty

    (216) 214-0221

    4 in this area

    76 Total Sales

    David Sarver
    Section Image
  • Dennis Mallett

    Buyer's Agent in 2012

    Dennis Mallett

    Keller Williams Greater Cleveland Northeast

    (216) 658-2899

    1 in this area

    97 Total Sales

    Dennis Mallett
    Section Image
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Map

Source: MLS Now

MLS Number: 4467142

MLS Now

APN: 684-29-096

Ohio Cuyahoga County Cleveland 44118

3435 Altamont Ave, Cleveland, OH

Not Listed for Sale

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