$190,000
SOLD MAR 11, 2025
5 Beds
3 Baths
2,772 Sq Ft
4,922 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

5% Below List Price

23 Days on Market

About This Home

As of March 2025

Discover an exceptional investment opportunity in the vibrant Stockyards neighborhood of Cleveland. This income-producing multi-family is currently configured as an up-down duplex, with unique potential to be converted back into a triplex. Situated in a prime location, this property offers versatility, strong rental income, & proximity to some of Cleveland’s most popular attractions. The 1st-flr unit is a spacious 3-bed, 2-bath that includes an enclosed front entry. This unit also features a living room, kitchen & a kitchenette within the attached studio. The studio space, which the 1st-floor tenants currently utilize, could easily be separated & rented out as a stand-alone studio unit, transforming the property back into a triplex; significantly boosting its income potential. The 2nd-flr unit has 3 beds & 1 bath, offering comfortable & convenient living. Tenants of this unit enjoy exclusive access to a charming enclosed sun porch —a rare desirable amenity. Additionally, this unit includes a walk-up attic, providing ample storage space or the potential for further customization. The property also boasts a full, unfinished basement, offering storage or future development opportunities. Adding to the appeal is a massive 3-car detached commercial garage, measuring an impressive 41x29 feet & over 1100 sqft! This garage provides exceptional value, whether used for tenant parking, additional rental income, or personal storage. Located moments from Gordon Square, Downtown Cleveland, Ohio City, the West Side Market, & Tremont, this property is ideally positioned to take advantage of the area's diverse array of restaurants, entertainment venues, breweries & nightlife. With both units currently rented, this property provides a solid return on investment with the potential for even greater earnings. Don’t miss the rare chance to own a versatile & income-generating property in one of Cleveland’s most dynamic neighborhoods!

Last Agent to Sell the Property

Sheree Klausner

Century 21 Premiere Properties, Inc. Brokerage Email: 216-455-7677 ppoffice.admin@century21.com License #2013001967 Listed on: 08/20/2024

Century 21 Premiere Properties, Inc.

Last Buyer's Agent

Danielle Acosta

HomeSmart Real Estate Momentum LLC License #2018004706

HomeSmart Real Estate Momentum LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $847

Year Built

  • Built in 1910

Lot Details

  • 4,922 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • B Dobschas Proposed Allotment Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tenant pays for all utilities
  • The owner pays for sewer, taxes, trash collection, water
  • Assessor Parcel Number 013-02-049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$847

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1910
  • Attribution Contact: 216-455-7677 ppoffice.admin@century21.com
  • Subdivision Name: B Dobschas Proposed Allotment
  • Above Grade Finished Sq Ft: 1848.0
  • Carport Y N: No
  • Garage Yn: Yes
  • 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: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 924.0
  • Stories: 2
  • Stories: 3

Exterior Features

  • Roof: Asphalt
  • Acres: 0.113
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 013-02-049
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 846.54

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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
03/11/2025 03/11/25 Sold $190,000 -5.0% $69 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $200,000 +37.9% $72 / Sq Ft
03/31/2022 03/31/22 Sold $145,000 -3.3% $78 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $150,000 -- $81 / 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: 5063527

MLS Now

APN: 013-02-049