13 days on rocket

3188 W 111th St W, Cleveland, OH, 44111

$329,900

Home List Price

$3,918*

Closing Credit

4 Full Baths
2,016 SqFt
$164/SqFt
Multi
Schools Nearby

Location

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3188 W 111th St W, Cleveland$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPaved
Year Built1920
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5031195
Lot Size0.10 Acres
StatusActive

About 3188 W 111th St W

Attention Multi Family Investors: WEST SIDE QUAD, Lead certified (4 Plex Rare Find...Compliant for the city of Cleveland), fully occupied, completely remodeled 2021 through 2024. low maintenance & desirable brick exterior/each with relaxing porches. New modern colors, new kitchen, new windows, new flooring, updated LED lighting, updated HVAC & H20 tanks & decorative fireplaces...Includes a full basement with separate storage areas. Separate utilities other than water/sewer which the owner pays approx $200 per month. Updated roof. Rents are increasing year over year: 3 units currently rented for $800 each and the 4th unit increased to $830 per month. Current out of state owner self manages with processes in place for the new owner or we can suggest professional management if new buyers wish. No expense spared in the maintenance and updating of this outstanding investment. Please provide proof of funds or pre approval before showing a request.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,016 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: 71N to W130th St (exit 242A-B) to RT10 Lorain Ave to W 111th St house on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $164/SqFt
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

Med. Sold Price

$157.3K

Med. Price/SqFt

$95

Avg. Days On Market

41

# of Sold Homes

722

3188 W 111th St W vs Cleveland

13 DAYS ON ROCKET

-28 Days

$329,900

+$172.5K More

$164/SqFt

+$69 More

KEY TAKEAWAY

This property is $172.5K more than the Median Sold Price and $69/SqFt more than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5031195

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,714

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4447211
7
/10
  • Harrison Elementary School

  • 2080 Quail St

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-4447212
5
/10
  • Louisa May Alcott Elementary School

  • 10308 Baltic Rd

  • 1.24 miles

  • Public District Grades KG-5

school-card-donut-4447213
7
/10
  • Roosevelt Elementary School

  • 14237 Athens Ave

  • 1.65 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,526. Residents of Cleveland, OH typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Ohio›Cuyahoga County›Cleveland›44111›3188 W 111th St W

This home is located at 3188 W 111th St W in Cleveland, OH and zip code 44111 in the Lorain Heights neighborhood. This 2,016 square foot home, which was built in 1920, sits on a 0.10 acre lot. Features: 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $329,900.

In April 2024 more than 284 listings in Cleveland, OH were sold above the asking price. During the same period more than 94 listings were sold at asking price, while more than 344 were sold below. Between March 2024 and April 2024, Cleveland, OH real estate market has seen decrease in the number of listings by 1.2%. While the average time on the market in April 2024 was 41 days, the median list price was $157,362.

From Rocket Homes Real Estate and based on county public records data.

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