NOT LISTED FOR SALE

3438 E 140th St Cleveland, OH 44120

Mount Pleasant Neighborhood
8 Beds
4 Baths
4,146 Sq Ft
6,090 Sq Ft Lot

Last Sold August 04, 2023

Last sale price $224,000 $54 Per Sq Ft

22 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of August 2023

Welcome to this fantastic quadraplex property, offering four individual units, each featuring 2 bedrooms and 1 bathroom. With its ideal location and great potential, this property is a lucrative investment opportunity. With the current occupancy rate and the potential to lease the remaining units, this property presents immediate cash flow and an excellent investment opportunity. Sit back and collect rent or choose minor updates for value add. Whether you are an experienced investor or a first-time buyer, this quadraplex offers the chance to generate significant rental income and build long-term wealth.
Schedule a showing today and seize this chance to secure a lucrative real estate investment!

Last Agent to Sell the Property

Nicole McHale

Keller Williams Greater Metropolitan License #2019004129 Listed on: 06/16/2023

Keller Williams Greater Metropolitan

Last Buyer's Agent

Mark Colucci

Keller Williams Citywide License #2020004747

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 1924

Lot Details

  • 6,090 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4,146 Sq Ft Home
  • 1-Story Property
  • Range
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric
  • The owner pays for sewer, water
  • Assessor Parcel Number 130-12-056

Community Details

Overview

  • 4 Units
  • Rapid Transit Land Cos Shaker Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,630

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 54.03
  • Estimated Price per Sq Ft: 54.03
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 4146
  • Year Built: 1924
  • Court Ordered Y N: No
  • Attribution Contact: (216) 839-5500 klrw297@kw.com
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1924

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Common
  • Sq Ft Approx Above Grade Finished: 4146.00
  • Sq Ft Approx Total Finished: 4146.00

Exterior Features

  • Exterior: Brick
  • Roof: Flat

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Rapid Transit Land Cos Shaker

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1398
  • Parcel Number: 130-12-056

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable/Electric Link, Electric

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 3630

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
08/04/2023 08/04/23 Sold $224,000 -0.4% $54 / Sq Ft
07/08/2023 07/08/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $224,900 0.0% $54 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $224,900 +116.3% $54 / Sq Ft
10/27/2020 10/27/20 Sold $104,000 0.0% $17 / Sq Ft View Prior Sale
09/23/2020 09/23/20 Off Market $104,000 -- --
09/23/2020 09/23/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $110,000 +947.6% $18 / Sq Ft
08/09/2012 08/09/12 Sold $10,500 0.0% $3 / Sq Ft View Prior Sale
08/01/2012 08/01/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $10,500 -- $3 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,595 $34,825 $3,185 $31,640
2023 $3,635 $36,400 $3,570 $32,830
2022 $3,630 $36,400 $3,570 $32,830
2021 $3,641 $36,400 $3,570 $32,830
2020 $2,177 $20,930 $3,190 $17,750
2019 $2,049 $59,800 $9,100 $50,700
2018 $1,914 $20,930 $3,190 $17,750
2017 $1,824 $17,960 $4,480 $13,480
2016 $1,825 $17,960 $4,480 $13,480
2015 $2,163 $17,960 $4,480 $13,480
2014 $2,163 $21,390 $5,320 $16,070
Source: Public Records

Agents Affiliated with this Home

  • Nicole McHale

    Seller's Agent in 2023

    Nicole McHale

    Keller Williams Greater Metropolitan

    (440) 409-2834

    3 in this area

    98 Total Sales

    Nicole McHale
    Section Image
  • Mark Colucci

    Buyer's Agent in 2023

    Mark Colucci

    Keller Williams Citywide

    (440) 590-5219

    19 in this area

    195 Total Sales

    Mark Colucci
    Section Image
  • Mark Mc Guire

    Seller's Agent in 2020

    Mark Mc Guire

    Parkview Realty Group Ltd

    (216) 712-8382

    5 in this area

    97 Total Sales

    Mark Mc Guire
    Section Image
  • Colleen Miklus

    Buyer's Agent in 2020

    Colleen Miklus

    Keller Williams Greater Metropolitan

    (440) 479-8766

    263 Total Sales

    Colleen Miklus
    Section Image
  • Gregory Strnisa

    Seller's Agent in 2012

    Gregory Strnisa

    Platinum Real Estate

    (216) 347-8847

    130 Total Sales

    Gregory Strnisa
    Section Image
  • Carol Joiner

    Buyer's Agent in 2012

    Carol Joiner

    Keller Williams Greater Metropolitan

    (216) 554-3413

    7 in this area

    214 Total Sales

    Carol Joiner
    Section Image
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Map

Source: MLS Now

MLS Number: 4466999

MLS Now
Ohio Cuyahoga County Cleveland 44120 Mount Pleasant

3438 E 140th St, Cleveland, OH

Not Listed for Sale

MultiFamily

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