$265,000
SOLD MAR 26, 2025
8 Beds
4 Baths
3,306 Sq Ft
3,899 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

12% Below List Price

18 Days on Market

About This Home

As of March 2025

Introducing a remarkable investment opportunity with this cash-flowing four-plex, strategically located in a thriving neighborhood. Each unit boasts 2 spacious bedrooms and 1 full bath, providing comfortable living spaces for tenants. In addition, every unit features its own porch or balcony, perfect for relaxing and enjoying the outdoors.
This property is fully leased, ensuring immediate income from day one. With a proven rental history, it attracts quality tenants who appreciate the well-maintained condition and thoughtful design of each unit.
The four-plex has been meticulously cared for, reducing the need for immediate repairs and allowing for a smooth ownership experience.
Don’t miss this opportunity to add a solid, income-producing asset to your portfolio. Schedule your showing today and secure your investment in this well-maintained four-plex!

Last Agent to Sell the Property

Christopher Moscarino

Keller Williams Elevate Brokerage Email: cmoscarino@kw.com 440-227-2615 License #2017000395 Listed on: 02/10/2025

Keller Williams Elevate

Last Buyer's Agent

Amanda Mercier

RE/MAX Edge Realty License #2019006637

RE/MAX Edge Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1915

Lot Details

  • 3,899 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 3,306 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • C G Barkwill Trustees Subdivision
  • Operating Expense $8,880

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, internet
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 132-16-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,157

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1915
  • Attribution Contact: cmoscarino@kw.com 440-227-2615
  • Subdivision Name: C G Barkwill Trustees
  • Above Grade Finished Sq Ft: 3306.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Exterior Entry, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.0895
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 132-16-017
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet

Multi Family

  • Gross Income: 44160.0
  • Annual Operating Expense: 8880.0

Tax Info

  • Tax Annual Amount: 3157.0
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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
03/26/2025 03/26/25 Sold $265,000 -11.7% $80 / Sq Ft
02/10/2025 02/10/25 For Sale $300,000 +1718.2% $91 / Sq Ft
03/11/2016 03/11/16 Sold $16,500 -17.5% -- View Prior Sale
12/23/2015 12/23/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $19,999 -- --
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 $3,183 $30,835 $1,365 $29,470
2023 $3,157 $31,610 $1,540 $30,070
2022 $3,153 $31,610 $1,540 $30,070
2021 $3,162 $31,610 $1,540 $30,070
2020 $2,475 $23,800 $1,370 $22,440
2019 $2,330 $68,000 $3,900 $64,100
2018 $2,272 $23,800 $1,370 $22,440
2017 $2,176 $21,420 $2,870 $18,550
2016 $2,452 $21,420 $2,870 $18,550
2015 $5,143 $21,420 $2,870 $18,550
2014 $2,577 $25,480 $3,430 $22,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5098248

MLS Now