$240,000
SOLD JUN 20, 2025

73 & 77 Prospect St Berea, OH 44017

5 Beds
2.5 Baths
-- Sq Ft
9,200 Sq Ft Lot

Recently Sold

4% Below List Price

8 Days on Market

Highlights

  • Views of Trees
  • Forced Air Heating System
  • Wood Siding
  • 2 Car Detached Garage

About This Home

As of June 2025

Two Homes, One Parcel, Endless Opportunity – Walk to BW!

Just a short stroll from Baldwin Wallace University, dining, shopping, and downtown Berea’s charm, this unique investment opportunity features two single-family homes on one parcel with off-street parking and a shared driveway.

One unit is rent-ready with fresh updates and repairs, perfect for locking in a tenant immediately. The second home offers a blank canvas—bring your contractor or DIY spirit and have it ready in time for the fall semester rush. With the demand for off-campus housing continuing to climb, this is a golden chance to tap into steady, year-round rental income.

The location speaks for itself—and so does the value. Appraised recently at $275K, the motivated seller has priced this for a quick sale. Live in one, rent the other. Rent both. Either way, you’re building equity while creating cash flow.

Opportunities like this, this close to campus, don’t come along often—snag it before the school year starts.

Last Agent to Sell the Property

Stacey McVey

EXP Realty, LLC. Brokerage Email: stacey@cleliving.com 440-429-0805 License #391222 Listed on: 06/02/2025

EXP Realty, LLC.

Co-Listed By

Nick Miller

EXP Realty, LLC. Brokerage Email: stacey@cleliving.com 440-429-0805 License #2017002627

Last Buyer's Agent

Sylvia Incorvaia

EXP Realty, LLC. License #411497

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1914

Lot Details

  • 9,200 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Additional Parking

Home Design

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

Interior Spaces

  • 2-Story Property
  • Views of Trees
  • Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Middleburgh Sec 17 Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 363-13-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,892

Year Built

Built in 1914

Lot Details

9,200 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1914
  • Attribution Contact: stacey@cleliving.com 440-429-0805
  • Reso View: Trees/Woods
  • Co List Office Phone: 866-212-4991
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Middleburgh Sec 17
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Reso Property Condition: Fixer
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Acres: 0.2112
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Detached, Garage

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Berea CSD - 1804

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 363-13-032

Rental Info

  • Owner Pays: None
  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 4892.0
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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
06/20/2025 06/20/25 Sold $240,000 -4.0% --
06/02/2025 06/02/25 For Sale $250,000 -- --
Source: MLS Now

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
2025 $4,438 $74,935 $12,075 $62,860
2024 $4,397 $74,935 $12,075 $62,860
2023 $4,892 $70,180 $11,380 $58,800
2022 $4,862 $70,175 $11,375 $58,800
2021 $4,822 $70,180 $11,380 $58,800
2020 $4,606 $59,470 $9,630 $49,840
2019 $4,484 $169,900 $27,500 $142,400
2018 $4,640 $59,470 $9,630 $49,840
2017 $3,854 $47,040 $9,170 $37,870
2016 $3,826 $47,040 $9,170 $37,870
2015 $6,567 $47,040 $9,170 $37,870
2014 $6,567 $47,040 $9,170 $37,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5127534

MLS Now
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