This huge duplex offers 2 units each with 2bed/ 1 bath and over 1100 sq ft of space. It's currently fully vacant and would make for a perfect sec 8 investment. The best way to create strong cash flow is to purchase at low price and put in some sweat equity. This multifamily offers you the perfect opportunity to do just that. There are new cabinets in the lower unit and some love needed throughout. Nothing you can't handle though. Market rent is around $850 for each unit (even more possible through Sec 8 type programs) It's located near all public transportation and tenants will love being close to everything the Waterloo arts district has to offer. Plus shopping and eating at Severance center or Coventry Village in Cleveland Heights is just around the corner. Showings are easy so schedule today.
Sold for $53,000 on 04/05/24
$53,000
1863 Reyburn Rd, Cleveland, OH 44112
4beds
4,151sqft
Duplex, Multi Family
Built in 1918
-- sqft lot
$105,300 Zestimate®
$13/sqft
$1,130 Estimated rent
Home value
$105,300
$76,000 - $139,000
$1,130/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 09, 2024 at 05:30am
Listing Provided by:
Gregory Erlanger Info@EZSalesTeam.com216-916-7778,
Keller Williams Citywide
Bought with:
Gregory Erlanger, 2004000516
Keller Williams Citywide
Source: MLS Now,MLS#: 5020655
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: None
Features
- Basement: Full
Interior area
- Total structure area: 4,151
- Total interior livable area: 4,151 sqft
- Finished area above ground: 3,013
- Finished area below ground: 1,138
Property
Parking
- Total spaces: 2
- Parking features: Garage, Paved, Private
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
Details
- Parcel number: 11716054
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Colonial Heights 02
Other
Other facts
- Listing terms: Cash,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2024 | Pending sale | $55,000+3.8%$13/sqft |
Source:  MLS Now #5020655 | ||
| 4/5/2024 | Sold | $53,000-3.6%$13/sqft |
Source: MLS Now #5020655 | ||
| 3/25/2024 | Contingent | $55,000$13/sqft |
Source: MLS Now #5020655 | ||
| 3/1/2024 | Listed for sale | $55,000+44.7%$13/sqft |
Source: MLS Now #5020655 | ||
| 8/14/2023 | Sold | $38,000$9/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,323 +92.7% | $19,780 +120.8% |
| 2023 | $686 +0.6% | $8,960 |
| 2022 | $682 +1% | $8,960 |
Find assessor info on the county website
Neighborhood: Euclid Green
Nearby schools
GreatSchools rating
- 5/10Euclid Park Elementary SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Collinwood High SchoolGrades: 3,9-12Distance: 0.8 mi
- 3/10Ginn AcademyGrades: K,5,8-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$105,300
2% more+ $2,106
With Zillow Showcase(estimated)
$107,406