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Sold for $70,750 on 02/06/25
  • $70,750

    872 Rondel Rd, Cleveland, OH 44110

    4beds
    2,880sqft
    Duplex, Multi Family
    Built in 1915
    -- sqft lot
    $86,200 Zestimate®
    $25/sqft
    $902 Estimated rent

    Home value

    $86,200

    $63,000 - $112,000

    $902/mo

    Zestimate® history
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    $902/mo

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    $902/mo

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    $413/mo

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    $413/mo

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    What's special

    Attention investors—both local and out of state or country! This affordable, turnkey duplex is fully occupied and offers a fantastic addition to any portfolio or a smooth start for first-time investors. This aluminum-sided property was cosmetically updated approximately five years ago and features spacious, desirable 2-bedroom units ideal for comfortable living. Each unit includes large, well-lit rooms, decorative fireplaces, and a layout that tenants love. Quality tenants are in place, and professional management can continue if preferred. Current leases are month-to-month, and there is potential to adjust rents to align with the area’s market, estimated closer to $950 per month. Owner covers water and sewer, while tenants handle gas and electric—ideal for optimizing investment returns. Situated on a quiet street. Each unit has separate furnaces and water heaters, and the full basement includes washer/dryer hookups. Proof of funds or pre-approval required before all showings with notice and an acceptable offer. Don’t miss this ready-made income property! NO WHOLESALERS

    Zillow last checked: 8 hours ago

    Listing updated: February 06, 2025 at 01:55pm

    Listing Provided by:

    Christopher A Frederick thefrederickteam@gmail.com216-210-7653,

    Coldwell Banker Schmidt Realty,

    Patricia A Frederick 440-537-4685,

    Coldwell Banker Schmidt Realty

    Bought with:

    Journey Toole, 2021004623

    Keller Williams Living

    Source: MLS Now,MLS#: 5079435MLS LogoOriginating MLS: Lorain County Association Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,880 sqft
    • Finished area above ground: 1,956
    • Finished area below ground: 924

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,253 sqft
    Details
    • Parcel number: 11528125

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Five Points

    Price history

    DateEventPrice
    2/6/2025Sold$70,750-11.6%$25/sqft
    Source: MLS Now #5079435
    2/6/2025Pending sale$80,000$28/sqft
    Source: MLS Now #5079435
    1/17/2025Contingent$80,000$28/sqft
    Source: MLS Now #5079435
    1/9/2025Listed for sale$80,000$28/sqft
    Source: MLS Now #5079435
    12/11/2024Contingent$80,000$28/sqft
    Source: MLS Now #5079435

    Public tax history

    YearProperty taxesTax assessment
    2024$1,319 +40.7%$19,950 +62.9%
    2023$937 +0.6%$12,250
    2022$932 +1%$12,250

    Find assessor info on the county website

    Neighborhood: South Collinwood

    Nearby schools

    GreatSchools rating
    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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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $86,200
    2% more+ $1,724
    With Zillow Showcase(estimated)
    $87,924