3531 E 118th Street Cleveland, OH ^$ 110,000

3531 E 118th Street

^$ 110,000

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3531 E 118th Street

Cleveland, OH, 44105

^$ 110,000

Bedrooms4 Baths2.0 Sq 3,038

Monthly Estimate*

^$ 731

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Multi-Family Home for sale in Cleveland, OH

for $110,000 with 4 bedrooms and 2 full baths. This 3,038 square foot home was built in 1918 on a lot size of 0.0948.

Welcome to this remarkable investment opportunity! This charming duplex boasts two spacious units, each featuring 2 bedrooms. With recent upgrades including a new roof, vinyl siding, plumbing, and water heaters. First floor showcases new furnace and hot water heater installations, ensuring comfort and efficiency for tenants. This was originally 3 bedroom each unit as recorded in county which is rare and could be made back to 3 bedrooms each unit. This is a Great investment for someone who wants to finish the work on the house and collect rental income. This property presents a turnkey opportunity for those looking to capitalize on the thriving rental market. Being sold as-is. Don't miss out on the chance to add this gem to your portfolio!

Multi-Family Contingent

Price

^$ 110,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 407

Style

Lot Size

0.0948

Year Built

1918

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5038770

Features

General

Sewer PublicSewer

Heating ForcedAir

Cooling None

Possession DeliveryOfDeed

Roof Shingle

Exterior Features Other

Construction Materials Frame Other VinylSiding

Year Built 1918

Stories 2

Township Cleveland

Levels Two

Property SubType Duplex

Tax Year 2023

County Cuyahoga

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Inspections

Subdivision Name Union-Rice

Garage Y/N N

Total Rooms 12

Status Contingent

Directions Off Union Ave to E 118th St.

City Cleveland

View Y/N N

Senior Community Y/N N

High School District Cleveland Municipal - 1809

Waterfront Y/N N

Carport Y/N N

Street Name 118th

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 407.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 12

Standard Status ActiveUnderContract

Middle/Junior School District Cleveland Municipal - 1809

Elementary School District Cleveland Municipal - 1809

Property Sub Type Additional Duplex

Legal Description 452 UNIONR 0083 ALL

Interior

Basement Unfinished

Basement (Y/N) Y

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 2028.0

Full Baths 2

Half Baths 0

Street Suffix Street

Total Bedrooms 4

Below Grade Finished Area 1010.0

Electric On Property Y/N N

Main Level Bathrooms 0

Below Grade Finished Area Source Realist

Above Grade Finished Area Source Realist

Total Baths 2

Living Area Units SquareFeet

Exterior

Parking Features Carport

Water Source Public

Lot Size Area 0.0948

Number of Buildings 1

Spa N

Lot Size Acres 0.0948

Lot Size Units Acres

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 3531

* Excluded Features

List By

Carol Y Joiner

Listing Agent

Keller Williams Greater Metropolitan

Broker

cyjoiner@gmail.com

Affordability Calculator

$765

Per Month

Monthly Principal & Interest: $731
Monthly Property Taxes: $34
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cleveland, OH

Average List Price ^$162,491

Percent of Sale Price 48%

About Cleveland, OH

372,504 Population

-22% Since 2002

^$27,719 Median Income

37.02 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457612 Elementary School

4457721 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/16/2024	$110,000		Listed Price

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3531 E 118th Street, Cleveland, OH, 44105 is a Multi-Family Home for sale at $110,000 with 3,038 sqft and a lot size of 0.0948. 3531 E 118th Street has 4 bedrooms, 2.0 baths, and was built in 1918. The property's zip code is 44105 which is in Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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3531 E 118th Street

Multi-Family Home for sale in Cleveland, OH

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