SELLING TO SETTLE ESTATE. Great Investment Opportunity: HIGH CASH-ON-CASH RETURN POTENTIAL. ATTENTION SAVY INVESTORS! Tired of bidding wars driving down potential returns on multi-family properties? This unique opportunity OFFERS POTENTIAL FOR REAL 11% - 15% CASH-ON-CASH RETURNS (including vacancy, repairs, and capex reserves). Located in an up and coming area, bordering Shaker Heights and close to the Opportunity Corridor, Case Western Reserve University, and Cleveland Clinic Main Campus. This two-family property boasts 2 bdrms & 1 bath in each 1000 sq ft+ unit, ORIGINAL WOODWORK IN GREAT SHAPE and a walk up attic that could also be finished for additional potential rent. SUBSTANTIAL WORK IS ALREADY DONE (70-80% electrical and plumbing, windows either prepped for paint or vinyl, bathrooms & kitchens roughed-in). No contract assignments. Buyer to assume any and all city violations. All personal items in house will convey with property.
Sold for $56,525 on 05/15/25
$56,525
11314 Mount Overlook Ave, Cleveland, OH 44104
4beds
3,054sqft
Duplex, Multi Family
Built in 1920
-- sqft lot
$57,200 Zestimate®
$19/sqft
$1,158 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 15, 2025 at 10:45am
Listed by:
Donald Petrasek donpetrasek@howardhanna.com216-978-5349,
Howard Hanna
Bought with:
Victoria Wallis, 2021004858
RE/MAX Crossroads Properties
Source: MLS Now,MLS#: 5117170Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Windows: Double Pane Windows, Wood Frames
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,054
- Total interior livable area: 3,054 sqft
- Finished area above ground: 2,036
- Finished area below ground: 1,018
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,199 sqft
Details
- Parcel number: 12134087
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Roof: Asphalt,Fiberglass
Condition
- Fixer
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Heisley Heights
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Services availability
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Estimated market value
$57,200