$37,000
SOLD AUG 5, 2024
4 Beds
1 Bath
1,790 Sq Ft
5,044 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

37% Below List Price

172 Days on Market

About This Home

As of May 2025

Attention Investors!

This vacant duplex in the up and coming Slavic Village neighborhood presents an excellent opportunity to generate rental income and build equity. The investment property, features 4 bedrooms and 2 bathrooms, with 1,790s sq ft of living space spread across two units.

Located on a quiet street close to the famous Union Avenue, this property offers easy access to all that Cleveland has to offer. Recent revitalization efforts in Slavic Village have seen rising property values and increasing demand for rentals, making this an ideal investment for the savvy investor.

Both units are currently vacant, allowing you to customize them to your desired rental strategy. Currently the Cuyahoga Metropolitan Housing Authority is paying Section 8 rents as follows:

$1,329 first floor

$1,329 second floor

$2,658 TOTAL RENTS

We estimate it will take 10k to get the property rent-able. Downstairs water damaged flooring can be removed and lay durable vinyl throughout. Paint the cabinets, and it's about rent-ready. Upstairs needs quarter inch drywall installed on top of the damaged drywall, and vinyl floors throughout.

Don't miss out on this chance to own a piece of a growing neighborhood! Contact us today for more information and a private showing.

Last Agent to Sell the Property

Marie Bowe

USRealty.com LLP Brokerage Email: 866-807-9087 info@usrealty.com License #2002001701 Listed on: 02/07/2024

Last Buyer's Agent

Anthony Prater

Market First Real Estate Services License #427021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $651

Year Built

  • Built in 1890

Lot Details

  • 5,044 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Robert Pattons Allotment Subdivision

Listing and Financial Details

  • Assessor Parcel Number 133-06-063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$651

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1890
  • Attribution Contact: 866-807-9087 info@usrealty.com
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Robert Pattons Allotment
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.1158
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • 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: 133-06-063
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 651.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Aug 5, 2024
Sold by
Clark Street Investments Llc
Bought by
Skybridge Group Llc
Seller's Agent
Marie Bowe
USRealty.com LLP
Buyer's Agent
Anthony Prater
Market First Real Estate Services
List Price
$59,000
Sold Price
$37,000
Premium/Discount to List
-$22,000
-37.29%
Views
167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.52%
Original Mortgage
$87,500
Outstanding Balance
$9,945
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
$90,337

Purchase Details

Closed on
Aug 17, 2022
Sold by
Milicia Laurie Ann
Bought by
Clark Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 1988
Sold by
Flesher Irene
Bought by
Flesher Thomas P

Purchase Details

Closed on
Aug 25, 1976
Sold by
Flesher Thomas and Flesher Irene
Bought by
Flesher Irene

Purchase Details

Closed on
Jan 1, 1975
Bought by
Flesher Thomas and Flesher Irene
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $37,000 None Listed On Document
Warranty Deed $19,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,500 Construction
Previous Owner $29,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $117,300 -2.3% $66 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $120,000 +224.3% $67 / Sq Ft
08/05/2024 08/05/24 Sold $37,000 -24.5% $21 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
05/10/2024 05/10/24 Price Changed $49,000 -9.3% $27 / Sq Ft
04/19/2024 04/19/24 Price Changed $54,000 -3.6% $30 / Sq Ft
03/15/2024 03/15/24 Price Changed $56,000 -5.1% $31 / Sq Ft
02/07/2024 02/07/24 For Sale $59,000 -- $33 / 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 $871 $13,020 $3,150 $9,870
2023 $1,303 $8,270 $2,490 $5,780
2022 $624 $8,260 $2,485 $5,775
2021 $617 $8,260 $2,490 $5,780
2020 $626 $7,250 $2,170 $5,080
2019 $579 $20,700 $6,200 $14,500
2018 $641 $7,250 $2,170 $5,080
2017 $711 $8,620 $1,860 $6,760
2016 $705 $8,620 $1,860 $6,760
2015 $1,511 $8,620 $1,860 $6,760
2014 $1,511 $8,620 $1,860 $6,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5016127

MLS Now

APN: 133-06-063