NOT LISTED FOR SALE
5 Beds
2 Baths
1,974 Sq Ft
5,362 Sq Ft Lot

Sale Details

Date Sold: June 12, 2024

Last sale price $75,000 $38 Per Sq Ft

12 Days on Market

About This Home

As of June 2024

Welcome to 4101 E 57th St, an exceptional investment property nestled in the thriving city of Cleveland, Ohio. This duplex presents an enticing opportunity for investors seeking a reliable income stream in a thriving rental market. With two units already generating substantial rental income, this property offers both immediate returns and long-term appreciation potential. Bottom unit is generating $850 per month, while the top floor is generating $770! Whether you're a seasoned investor looking to diversify your portfolio or a first-time buyer exploring the real estate market, this duplex on E 57th St presents an excellent opportunity to capitalize on Cleveland's robust rental demand and achieve long-term financial growth.

Last Agent to Sell the Property

Rob Rogers

Howard Hanna Brokerage Phone: (216) 905-4121 License #2015005456 Listed on: 04/04/2024

Howard Hanna

Co-Listed By

Joseph Samide

Realtown Realty LLC Brokerage Phone: (216) 905-4121 License #2021007149

Last Buyer's Agent

Leilani Bowersock

Coldwell Banker Schmidt Realty License #2005015619

Coldwell Banker Schmidt Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 1920

Lot Details

  • 5,362 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • On-Street Parking

Home Design

  • Duplex
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Storage

Kitchen

  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • L J Talbot Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat, internet, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 132-22-055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,031

Year Built

Built in 1920

Lot Details

5,362 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1920
  • Attribution Contact: (216) 905-4121
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Co List Office Phone: 216-839-5500
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: L J Talbot
  • Above Grade Finished Sq Ft: 1974.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2022
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Storage Space, Unfinished
  • Basement: Yes
  • Appliances: Cooktop, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1231
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Common, Concrete, Detached, Garage, On Street

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: 132-22-055
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Internet, Trash Collection

Tax Info

  • Tax Annual Amount: 1031.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 11, 2024
Sold by
Bought by
Seller's Agent
Rob Rogers
Howard Hanna
Buyer's Agent
Leilani Bowersock
Coldwell Banker Schmidt Realty
List Price
$74,900
Sold Price
$75,000
Premium/Discount to List
$100
0.13%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$58,788
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 7, 2022
Closed on
May 26, 2023
Sold by
Bought by
Seller's Agent
David Sturgeon
Howard Hanna
Buyer's Agent
Rob Rogers
Howard Hanna
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Apr 8, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,095
Interest Rate
7.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 1978
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 1976
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$75,000 Infinity Title
$70,000 Ohio Real Title
$16,500 Nova Title
-- None Available
-- --
$28,900 --
$25,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $60,000
Previous Owner $55,328
Previous Owner $50,095
Previous Owner $25,095
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2024 06/12/24 Sold $75,000 +0.1% $38 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $74,900 +7.0% $38 / Sq Ft
06/02/2023 06/02/23 Sold $70,000 -12.5% $35 / Sq Ft View Prior Sale
05/01/2023 05/01/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $80,000 0.0% $41 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $80,000 -5.9% $41 / Sq Ft
01/28/2023 01/28/23 For Sale $85,000 0.0% $43 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
12/08/2022 12/08/22 Price Changed $85,000 -5.6% $43 / Sq Ft
10/23/2022 10/23/22 For Sale $90,000 0.0% $46 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $90,000 -- $46 / Sq Ft
Source: MLS Now

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,553 $23,205 $4,585 $18,620
2024 $1,552 $23,205 $4,585 $18,620
2023 $1,050 $13,550 $3,190 $10,360
2022 $1,031 $13,545 $3,185 $10,360
2021 $1,020 $13,550 $3,190 $10,360
2020 $1,037 $11,900 $2,800 $9,100
2019 $959 $34,000 $8,000 $26,000
2018 $980 $11,900 $2,800 $9,100
2017 $1,013 $12,150 $1,820 $10,330
2016 $1,005 $12,150 $1,820 $10,330
2015 $1,009 $12,150 $1,820 $10,330
2014 $1,009 $12,150 $1,820 $10,330
Source: Public Records

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Map

Source: MLS Now

MLS Number: 5027038

MLS Now

APN: 132-22-055

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