NOT LISTED FOR SALE

3481 W 50th St Cleveland, OH 44102

Stockyards Neighborhood
10 Beds
4 Baths
3,900 Sq Ft
5,837 Sq Ft Lot

Last Sold October 25, 2022

Last sale price $215,000 $55 Per Sq Ft

108 Days on Market

About This Home

As of October 2022

INVESTOR SPECIAL! This multi-family cash cow boasts 4 renovated units. All kitchens and bathrooms are remodeled. 3/4 furnaces are updated. 4 updated hot water tanks. The roof was replaced in 2019 and all updated electrical and plumbing. The exterior was just freshly painted in May of 2022. Unit 1 has 2 bedrooms and is currently rented for $650/month. Unit 2 has 3 bedrooms and is currently rented for $950/month. Units 2 and 3 are vacant for easy showing-one is a 2 bed and the other is a 3 bed. With the other 2 units rented out you can expect $3,300/month in gross rents. Don’t miss out on this double digit cap rate opportunity! **this property appraised for $238k in August of 2021**

Last Agent to Sell the Property

Dijana Stjepic

Deleted Agent License #2019001528 Listed on: 06/10/2022

Last Buyer's Agent

Josh Janus

Key Realty License #2021008169

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,591

Year Built

  • Built in 1900

Lot Details

  • 5,837

Home Design

  • Flat Roof Shape

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 5,837 Sq Ft Lot

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 016-21-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,591

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Year Built: 1900
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: 1

Exterior Features

  • Exterior: Wood
  • Roof: Flat

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Cleveland Municipal
  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1340
  • Parcel Number: 016-21-001

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 3591

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 List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $215,000 -8.5% $55 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $235,000 0.0% $60 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $235,000 0.0% $60 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $235,000 -- $60 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dijana Stjepic

    Deleted Agent

    Section Image
  • Josh Janus

    Buyer's Agent in 2022

    Josh Janus

    Key Realty

    (614) 502-5316

    9 in this area

    232 Total Sales

    Josh Janus
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4381167

MLS Now
Ohio Cuyahoga County Cleveland 44102 Stockyards

3481 W 50th St, Cleveland, OH

This home is located at 3481 W 50th St, Cleveland, OH 44102 since 10 June 2022. This property was built in 1900. 3481 W 50th St is a home located in Cuyahoga County with nearby schools including Almira Academy, Benjamin Franklin, and Artemus Ward School.

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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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