16301-16303 Arcade Ave, Cleveland, OH 44110 is For Sale
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16301-16303 Arcade Ave Cleveland, OH 44110

6 beds5 baths3,426 sqft

For Sale
$79,900
Price cut: -$5,000 (9/10)
Zestimate®: $100,932
Est. Mortgage
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My Notes

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Very unique property, about 25% cap rate. 3 bedroom unit in front, two 2 bedroom units, and 1 bedroom efficiency in basement along with a single family home in the back of the property. The 4 car garage with it's own utilities could also be rented or used for owner's storage. Many updates which include some newer windows, some newer H20 tanks, some newer furnaces. All separate utilities. Great location near the up and coming 56th and Waterloo art's district.

Facts

  • Lot: 6,534 sqft
  • Multi Family
  • Built in 1920
  • 149 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Price/sqft: $23
  • MLS #: 3624366

Features

  • Parking: 2 spaces
  • View: City

    Construction

    • Exterior material: Brick, Other
    • Roof type: Asphalt
    • Structure type: Other

    Other

    • Floor size: 3,426 sqft
    • Zillow Home ID: 2106657320

    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

    Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
    $100,932
    -$641 Last 30 days
    $72K
    $126K
    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
    $1,088/mo
    +$7 Last 30 days
    $772
    $1.8K
    Zestimate range

    Popularity on Zillow

    228 views since listing
    229 all-time (chart)

    Home Expenses

    Internet, phone and TV
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    Neighborhood

    Market guide

    Zillow predicts North Collinwood home values will fall 3.3% next year, compared to a 1.1% increase for Cleveland as a whole. Among North Collinwood homes, this home is 43.7% more expensive than the midpoint (median) home, but is priced 47.7% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the North Collinwood market, the number of foreclosures waiting to be sold shrank 57% in the last year. The number of unsold foreclosures is 5.7% greater than in Cleveland, and 220.2% greater than the national average. This higher local number may prevent North Collinwood home values from rising as quickly as other regions in Cleveland.

    Learn more about forecast calculations or North Collinwood home values.
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      Other Units in this Building (1)ZestimateBedsBathsSqft
      N/A$101K643,426

      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

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