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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

    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.

    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