NOT LISTED FOR SALE

7134 Dearborn Ave Cleveland, OH 44102

Stockyards Neighborhood
4 Beds
2 Baths
1,752 Sq Ft
1920 Built

Last Sold July 27, 2023

Last sale price $120,000 $68 Per Sq Ft

5 Days on Market

About This Home

As of July 2023

Expand your investment portfolio with this appealing 2-family duplex that promises consistent cash flow, boasting an impressive 10% cap rate. The property stands out featuring a newer roof, vinyl siding, and upgraded furnaces and hot water tanks. To enhance tenant convenience, the basement includes washer and dryer hookups. Positioned on a tranquil street, this location offers coveted privacy. Additionally, the property presents a potential for maximizing its space by converting the third-floor attic into an additional bedroom. The photos shown are prior to the tenants moving in. Both units have identical footprints.

Last Agent to Sell the Property

Lori Peterson

Home Suite Home Property Management License #2019005728 Listed on: 07/05/2023

Last Buyer's Agent

Scott Carpenter

Keller Williams Greater Metropolitan License #2019002705

Keller Williams Greater Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 1920

Lot Details

  • 44 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 006-28-059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,456

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 68.49
  • Estimated Price per Sq Ft: 68.49
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1752
  • Year Built: 1920
  • Court Ordered Y N: No
  • Attribution Contact: (216) 688-6182 homesuitehomepm@gmail.com
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1752.00
  • Sq Ft Approx Total Finished: 1752.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Cleveland Municipal

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0010
  • Parcel Number: 006-28-059

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 1456

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 List to Sale Price per Sq Ft Prior Sale
07/27/2023 07/27/23 Sold $120,000 +9.1% $68 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $110,000 +103.7% $63 / Sq Ft
11/11/2019 11/11/19 Sold $54,000 -1.8% $31 / Sq Ft View Prior Sale
08/25/2019 08/25/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $55,000 -- $31 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lori Peterson

    Seller's Agent in 2023

    Lori Peterson

    Home Suite Home Property Management

    (216) 688-6182

    3 in this area

    29 Total Sales

    Lori Peterson
    Section Image
  • Scott Carpenter

    Buyer's Agent in 2023

    Scott Carpenter

    Keller Williams Greater Metropolitan

    (216) 262-1723

    2 in this area

    102 Total Sales

    Scott Carpenter
    Section Image

  • J

    Seller's Agent in 2019

    Jeffrey Cimbulich

    RE/MAX

    (216) 406-6275

    76 Total Sales

    Jeffrey Cimbulich
    Section Image
  • Elliot Stone

    Buyer's Agent in 2019

    Elliot Stone

    Century 21 Homestar

    (216) 570-0750

    3 in this area

    265 Total Sales

    Elliot Stone
    Section Image
  • Richard Stone

    Buyer Co-Listing Agent in 2019

    Richard Stone

    Century 21 Homestar

    (216) 282-6688

    3 in this area

    235 Total Sales

    Richard Stone
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4471769

MLS Now

APN: 006-28-059

Ohio Cuyahoga County Cleveland 44102 Stockyards

7134 Dearborn Ave, Cleveland, OH

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