J
Seller's Agent in 2025
Joseph Skerbec
Premier Heights Realty LLC
(216) 870-2112
1 in this area
4 Total Sales
491 E 114th St Cleveland, OH 44108
Forest Hills Neighborhood
5
Beds
3
Baths
2,363
Sq Ft
3,502
Sq Ft Lot
About This Home
As of May 2025Calling all INVESTORS!! Check out this well-maintained 3-unit property. First floor unit is tenant occupied m2m for $750 and includes two bedrooms and one bath. Second floor unit is vacant and currently marketed for rent iat $900. This also includes two bedrooms and one bath. Third floor efficiency is tenant-occupied m2m for $475. Beautiful hardwood floors throughout with open kitchens that include GRANITE countertops. Large dining rooms with built in cabinets. Low-maintenance vinyl windows. 100-AMP electrical service with updated panels. Vinyl windows. unfinished basement is 1043 Sq ft. All mechanicals are in good working order. GMR should be $2100, well surpassing the 1% Rule. With an annual rental income of around $25,000, you should be able to get at least a 10-CAP.
Last Agent to Sell the Property
Premier Heights Realty LLC Brokerage Email: 216-860-0005 sophie@premierheights.com License #2024006496 Listed on: 02/28/2025
Co-Listed By
Premier Heights Realty LLC Brokerage Email: 216-860-0005 sophie@premierheights.com License #2023005046
Last Buyer's Agent
Berkshire Hathaway HomeServices Professional Realty License #2005006382
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $719
Year Built
- Built in 1910
Lot Details
- 3,502 Sq Ft Lot
Home Design
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,363 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- No Garage
- Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- L M Southerns Allotment Subdivision
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 111-02-078
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $133,100 | +6.6% | $56 / Sq Ft | |
| 02/28/2025 02/28/25 | For Sale | $124,900 | +818.4% | $53 / Sq Ft | |
| 04/06/2017 04/06/17 | Sold | $13,600 | 0.0% | $6 / Sq Ft | View Prior Sale |
| 11/23/2016 11/23/16 | Off Market | $13,600 | -- | -- | |
| 11/23/2016 11/23/16 | Pending | -- | -- | -- | |
| 08/31/2016 08/31/16 | For Sale | $19,900 | -- | $8 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $719 | $10,745 | $2,975 | $7,770 |
| 2023 | $450 | $5,810 | $1,750 | $4,060 |
| 2022 | $695 | $5,810 | $1,750 | $4,060 |
| 2021 | $444 | $5,810 | $1,750 | $4,060 |
| 2020 | $421 | $4,760 | $1,440 | $3,330 |
| 2019 | $390 | $13,600 | $4,100 | $9,500 |
| 2018 | $840 | $4,760 | $1,440 | $3,330 |
| 2017 | $1,302 | $15,400 | $2,520 | $12,880 |
| 2016 | $1,292 | $15,400 | $2,520 | $12,880 |
| 2015 | $1,973 | $15,400 | $2,520 | $12,880 |
| 2014 | $1,973 | $17,120 | $2,800 | $14,320 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Skerbec
-
Sophie Boehlen
Seller Co-Listing Agent in 2025
Sophie Boehlen
Premier Heights Realty LLC
(216) 849-8032
7 in this area
231 Total Sales
-
Seth Task
Buyer's Agent in 2025
Seth Task
Berkshire Hathaway HomeServices Professional Realty
(216) 970-0035
2 in this area
558 Total Sales
-
Molly Malloy
Buyer Co-Listing Agent in 2025
Molly Malloy
Berkshire Hathaway HomeServices Professional Realty
(216) 401-8163
1 in this area
81 Total Sales
-
Lionel Lewis
Seller's Agent in 2017
Lionel Lewis
New Era Real Estate Group, Inc.
(216) 361-5560
1 in this area
46 Total Sales
-
Amber Lewis
A
Seller Co-Listing Agent in 2017
Amber Lewis
New Era Real Estate Group, Inc.
19 Total Sales
Map
Source: MLS Now
MLS Number: 5102845
APN: 111-02-078
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 512 E 118th St
- 475 E 118th St
- 11606 Shadeland Ave
- 537 E 118th St
- 512 Eddy Rd
- 521 E 109th St
- 529 E 109th St
- 528 E 109th St
- 411 Eddy Rd
- 11601 Rutland Ave
- 10811 Sprague Ave
- 535 E 123rd St
- 10639 Dupont Ave
- 499 E 124th St
- 550 E 107th St
- 10626 Dupont Ave
- 12501 Locke Ave
- 12510 Locke Ave
- 12417 Maple Ave
- 479 E 126th St