NOT LISTED FOR SALE

716 College Ave Cleveland, OH 44113

Tremont Neighborhood
4 Beds
3 Baths
3,890 Sq Ft
2,657 Sq Ft Lot

Last Sold May 10, 2024

Last sale price $300,000 $77 Per Sq Ft

14 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Wood Siding

About This Home

As of May 2024

Welcome to this unique investment opportunity featuring two houses on separate lots, sold as a package. The front house is a three-unit property with distinct characteristics. The front-down unit is a former retail space transformed into a distinctive 1-bedroom apartment. With tall ceilings and an open concept, the retail area now serves as a spacious living room. The upper unit is a remodeled 2-bedroom dwelling with unique features, including a balcony and an eat-in kitchen. The third unit is a 1-bedroom efficiency with a full bath and laundry hook-ups, offering convenience. The second house, situated on a separate parcel, is configured as a 2-family residence. Both units feature 1 bedroom each on the first and second floors, while the large attic area holds potential for expansion. While the second house requires a complete rehabilitation of all systems and surfaces, this package presents an exciting investment opportunity with multiple units and distinct living spaces. Explore the potential and reimagine these properties into a valuable asset in a burgeoning real estate portfolio.

Last Agent to Sell the Property

Roman Tarnawsky

Lokal Real Estate, LLC. Brokerage Email: 216-252-6580 marketing@lokalrealestate.com License #2006006316 Listed on: 02/14/2024

Last Buyer's Agent

Rob Rogers

Howard Hanna License #2015005456

Howard Hanna

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 2,657 Sq Ft Lot
  • Partially Fenced Property
  • 004-16-133

Home Design

  • Fixer Upper
  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,890 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Stuart Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 004-16-058

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1880
  • Attribution Contact: 216-252-6580 marketing@lokalrealestate.com
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Stuart
  • Above Grade Finished Sq Ft: 3890.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Reso Property Condition: Fixer
  • Tax Year: 2022
  • Property Sub Type Additional: Triplex
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Partial
  • Acres: 0.061
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 004-16-058
  • Additional Parcels Description: 004-16-133
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7876.14

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
05/10/2024 05/10/24 Sold $300,000 +11.2% $77 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $269,900 -- $69 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Roman Tarnawsky

    Seller's Agent in 2024

    Roman Tarnawsky

    Lokal Real Estate, LLC.

    (216) 741-6631

    2 in this area

    124 Total Sales

    Roman Tarnawsky
    Section Image

  • R

    Buyer's Agent in 2024

    Rob Rogers

    Howard Hanna

    (440) 341-9800

    3 in this area

    649 Total Sales

    Rob Rogers
    Section Image
  • Sarah Forcht

    Buyer Co-Listing Agent in 2024

    Sarah Forcht

    Realtown Realty LLC

    (216) 903-0260

    1 in this area

    15 Total Sales

    Sarah Forcht
    Section Image
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Map

Source: MLS Now

MLS Number: 5017474

MLS Now

APN: 004-16-133

Ohio Cuyahoga County Cleveland 44113 Tremont

716 College Ave, Cleveland, OH

This home is located at 716 College Ave, Cleveland, OH 44113 since 14 February 2024. This property was built in 1880. 716 College Ave is a home located in Cuyahoga County with nearby schools including Anton Grdina School, Benjamin Franklin, and Almira Academy.

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.

MLS Now 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.

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