3567 Gridley Rd, Shaker Heights, OH 44122

6 beds, 3 baths, 2,479 sqft
For Sale
$129,000
Zestimate®: $146,384
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Compare this property to others listed for much more, and you will appreciate what a great investment this property can be. Fully occupied with a gross monthly rental income of $1745 is hard to beat. Updated kitchens and baths in both units, plus all the inherent features and charm of a 1920's Shaker Tudor. All appliances are included, so just sit back and collect rent. Great location close to Gridley Triangle in the Lomond Area of Shaker. Close to Van Aken Rapid, Shaker Town Center, and the new, Lifestyle, Retail and Residential Project @ Chagrin and Warrensville. Will be Shaker Hts. POS compliant @ closing. Also suitable for owner occupant either upper or lower. Don't let this one get away.
Facts
  • Lot: 5,662 sqft
  • Multi Family
  • Built in 1928
  • 81 days on Zillow
  • Cooling: None
  • Last sold: Jun 1991 for $111,000
  • Price/sqft: $52
  • MLS #: 3623607
Features
  • Parking: 2 spaces, 486 sqft
    Appliances Included
    • Dishwasher
    Construction
    • Construction quality: 8.0
    • Exterior material: Wood
    • Roof type: Other
    • Room count: 12
    • # Stories: 0.0
    • Structure type: Other
    • Unit count: 1
    Other
    • Floor size: 2,479 sqft
    • Last remodel year: 1967
    • Lot depth: 140
    • Lot width: 40
    • Parcel #: 73620115
    • Unit floor #: 0
    • Zillow Home ID: 33691894
    Home Values
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    $146,384
    +$0 Last 30 daysd
    $123K
    $171K
    Zestimate range
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    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

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    $1,002/mo
    -$82 Last 30 daysd
    $862
    $1.3K
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    Neighborhood for 3567 Gridley Road

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    Zillow predicts 44122 home values will increase 3.9% next year, compared to a 2.6% rise for Shaker Heights as a whole. Among 44122 homes, this home is 37.9% less expensive than the midpoint (median) home, and is priced 47.5% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In the 44122 market, the number of foreclosures waiting to be sold dropped 38.9% in the last year. The number of unsold foreclosures is 35.3% less than in Shaker Heights, and 77.6% greater than the national average. This lower local number could help 44122 home values rise more quickly than other regions in Shaker Heights.

    Learn more about forecast calculations or 44122 home values.
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