NOT LISTED FOR SALE
5 Beds
2 Baths
1,865 Sq Ft
5,127 Sq Ft Lot

Sale Details

Date Sold: November 25, 2020

Last sale price $49,000 $26 Per Sq Ft

30 Days on Market

About This Home

As of November 2020

INVESTOR OPPORTUNITY! Turnkey - 100% Tenant Leased - Cash Flow Positive - Duplex on Cleveland's Near East Side. Two Bed - 1 Bath Up and Two Bed - 1 Bath Down - Offering a 20% Cap Rate. Centrally Located to Downtown, Highway and Public Transportation. Start or Add to Your Existing Real Estate Portfolio Today!!! Seller has additional properties available for sale individually or as a package. Call Today for More Details. See MLS#'s 4226543, 4226544, 4226546, and 4226547 for additional Portfolio Properties.

Last Agent to Sell the Property

Scott Wallace

Cardum License #2013000815 Listed on: 09/28/2020

Last Buyer's Agent

Robert Cole

RE/MAX Above & Beyond License #2016001279

RE/MAX Above & Beyond
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1900

Lot Details

  • 5,127 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,865 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • A W Morgan Heirs Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 132-06-074

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1900

Lot Details

5,127 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 26.27
  • Estimated Price per Sq Ft: 26.27
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.50
  • Total Sq Ft: 1865
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 1865.00
  • Sq Ft Approx Total Finished: 1865.00

Exterior Features

  • Exterior: Aluminum, Vinyl, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: A W Morgan Heirs

Fee Information

  • Op Expenses: 3300.00

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1177
  • Parcel Number: 132-06-074

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 14400.00
  • Net Income: 11100.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 900

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

Closed on
Mar 4, 2025
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
$12,000
Interest Rate
6.96%

Purchase Details

Closed on
Feb 6, 2023
Sold by
Bought by

Purchase Details

Listed on
Sep 28, 2020
Closed on
Nov 20, 2020
Sold by
Bought by
Seller's Agent
Scott Wallace
Cardum
Buyer's Agent
Robert Cole
RE/MAX Above & Beyond
List Price
$56,000
Sold Price
$49,000
Premium/Discount to List
-$7,000
-12.5%

Purchase Details

Closed on
Jan 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1988
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
$65,000 None Listed On Document
$17,000 Suntrust Title
$49,000 Mount Morris Title
-- None Available
$31,400 None Available
-- None Available
$8,500 None Available
$42,100 --
$29,500 --
-- --
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
Closed $12,000
Closed $60,000
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
11/25/2020 11/25/20 Sold $49,000 -12.5% $26 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $56,000 -- $30 / 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 $1,470 $21,980 $4,480 $17,500
2024 $1,470 $21,980 $4,480 $17,500
2023 $1,330 $17,150 $3,150 $14,000
2022 $1,322 $17,150 $3,150 $14,000
2021 $1,310 $17,150 $3,150 $14,000
2020 $972 $10,990 $2,770 $8,230
2019 $900 $31,400 $7,900 $23,500
2018 $449 $10,990 $2,770 $8,230
2017 $883 $10,440 $1,790 $8,650
2016 $876 $10,440 $1,790 $8,650
2015 -- $10,440 $1,790 $8,650
2014 -- $10,440 $1,790 $8,650
Source: Public Records

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Map

Source: MLS Now

MLS Number: 4226545

MLS Now

APN: 132-06-074

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