NOT LISTED FOR SALE

4468 E 131st St Cleveland, OH 44105

4 Beds
2 Baths
2,314 Sq Ft
8,939 Sq Ft Lot

Last Sold May 10, 2023

Last sale price $145,000 $63 Per Sq Ft

4 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Laundry Facilities
  • 2 Car Detached Garage

About This Home

As of May 2023

Welcome to this beautifully updated multi-family home in Garfield Heights. This is a rare opportunity to own a massive duplex with $60K in recent renovations. Equipped with a brand new complete tear off roof late 2022, newer windows, updated electrical, updated plumbing, freshly painted walls and nice hard wood floors. Plus the exterior is being completely repainted. There is so much to love about this classic duplex. Two car garage for your tenant's convenience. The property is in excellent shape and there is nothing left to do, start making passive income from day one. Both units are rented to wonderful tenants, rents total $1,745 with room to increase. First floor currently rents for $850 and second floor rents for $895. The huge third floor could be finished as an additional unit with potential rent around $800. Property will be delivered with a CLEAN POINT OF SALE. Centrally located. Property management in place if needed. Duplexes like this one rarely become available, do not miss out on this turnkey, cash-flowing investment opportunity!

Last Agent to Sell the Property

Jodi Santosuosso

EXP Realty, LLC. License #2020008560 Listed on: 04/20/2023

EXP Realty, LLC.

Last Buyer's Agent

Rose Salopek

CENTURY 21 DePiero & Associates, Inc. License #2017004737

CENTURY 21 DePiero & Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1923

Lot Details

  • 8,939 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 546-35-119

Community Details

Overview

  • 2 Units
  • Newburgh Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,096

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 62.66
  • Estimated Price per Sq Ft: 62.66
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2314
  • Year Built: 1923
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished
  • Sq Ft Approx Above Grade Finished: 2314.00
  • Sq Ft Approx Total Finished: 2314.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Electric
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Newburgh

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.2052
  • Parcel Number: 546-35-119

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 1745.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 3096

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 Change Sq Ft Price
05/10/2023 05/10/23 Sold $145,000 +16101.1% $63 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/21/2023 04/21/23 Rented $895 -99.3% --
04/21/2023 04/21/23 Under Contract -- -- --
04/20/2023 04/20/23 For Sale $135,000 0.0% $58 / Sq Ft
03/30/2023 03/30/23 For Rent $895 -- --
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: 4452121

MLS Now

APN: 546-35-119