1532 E 118th St, Cleveland, OH 44106

8 beds3 baths2,362 sqft

Sold: $51,400
Sold on 01/16/13
Zestimate®: $111,258
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Excellent income potential in University Circle! Rehab started, now you finish it for potential rental income of $4000/month. Kitchens and baths already gutted down to studs, saving you lots of work. New electrical panels. New porch almost completed, permits good until 4/19/13. Needs furnaces (ductwork there), H2O heaters, plumbing, and electrical rewiring. The going rate for rentals to Case students is $500/bedroom. 2 blocks from newly developed Uptown, close to UH, museums, Case, etc.. It's the place to be!!

Facts

  • Lot: 6,098 sqft
  • Multi Family
  • Built in 1910
  • Heating: Forced air
  • Last sold: Jan 2013 for $51,400
  • Price/sqft: $22

Features

  • Parking: 1 space, 216 sqft

      Construction

      • Construction quality: 6.0
      • Exterior material: Wood
      • Roof type: Asphalt
      • Room count: 10
      • # Stories: 2.0
      • Structure type: Colonial
      • Unit count: 1

      Other

      • Floor size: 2,362 sqft
      • Last remodel year: 1956
      • Lot depth: 137
      • Lot width: 40
      • Parcel #: 12022071
      • Zillow Home ID: 33408906

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $111,258
      -$13,139 Last 30 days
      $91K
      $125K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $851/mo
      +$7 Last 30 days
      $587
      $1.2K
      Zestimate range
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      Popularity on Zillow

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      705 all-time views
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      73 forecasted views of this home
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      Neighborhood

      Market guide

      Zillow predicts Glenville home values will fall 4.2% next year, compared to a 0.5% rise for Cleveland as a whole. Among Glenville homes, this home is valued 161.2% more than the midpoint (median) home, but is valued 27.6% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Glenville, the number of foreclosures waiting to be sold is 44.8% higher than in Cleveland, and 349.3% higher than the national average. This higher local number may prevent Glenville home values from rising as quickly as other regions in Cleveland.

      Learn more about forecast calculations or Glenville home values.
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        Nearby Schools in Cleveland

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org