25 days on rocket

Sale Pending

3218 Monroe Ave, Cleveland, OH, 44113

$275,000

Home List Price

$3,266*

Closing Credit

5 Bedrooms
3 Full Baths
2,536 SqFt
$108/SqFt
Multi
Schools Nearby

Location

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3218 Monroe Ave, Cleveland$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingConcrete
Year Built1952
HeatingForced Air
CoolingNone
BasementYes
MLS #5027480
Lot Size0.09 Acres
StatusSale Pending
(Pending)

About 3218 Monroe Ave

The thought of owning this triplex right in the heart of Ohio City is now yours. Updates include electrical, roof ~10-15 years old and the rear unit has a newer furnace. Two of the three units are leased and the rear vacant unit is redone with new flooring, paint, window and toilet. The layout for this triplex is 2-one bedroom units on the first floor; in the front and rear, and a large 3 bedroom on the second floor. Great annual income and low expenses. Steps from the Towpath Trail, West Side Market, RTA Red Line, the Breweries and Restaurants that call Ohio City Home. Easy access to downtown, University Circle, Tremont and Detroit Shoreway. The list goes on for this incredible investment opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 2
  • Living Area: 2,536 SqFt

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (440) 785-1213
  • Listing Agent: Aaron Harden

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Fulton rd to Monroe

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $108/SqFt

Tax Information:

  • Annual Amount: $2,962
  • Tax Year: 2020
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Housing Market Comparison

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

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Cleveland, OH

City

Med. Sold Price

$157.2K

Med. Price/SqFt

$95

Avg. Days On Market

45

# of Sold Homes

634

3218 Monroe Ave vs Cleveland

25 DAYS ON ROCKET

-20 Days

$275,000

+$117.7K More

$108/SqFt

+$13 More

KEY TAKEAWAY

This property is $117.7K more than the Median Sold Price and $13/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: #5027480

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (440) 785-1213
  • Listing Agent: Aaron Harden

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: 4/26/2024, 1:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 30, 2013Home Sold
$23,000
Mar 22, 2010Home Sold
$10,113

Tax History

YEARPROP. TAXASSESSMENT
2020$2,962$33,880
2019$2,740$33,890
2018$2,731$33,890
2017$826$9,950

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-698322
6
/10

  • Near West Intergenerational School

  • 3805 Terrett Ave

  • 0.55 miles

  • Public Charter Grades KG-6

school-card-donut-698323
4
/10

  • Constellation Schools: Stockyard Community Elementary School

  • 3200 W 65th St

  • 1.44 miles

  • Public Charter Grades KG-6

school-card-donut-698324
5
/10

  • Louisa May Alcott Elementary School

  • 10308 Baltic Rd

  • 2.57 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,481. Residents of Cleveland, OH typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44113›3218 Monroe Ave

This home is located at 3218 Monroe Ave in Cleveland, OH and zip code 44113 in the Ohio City neighborhood. This 2,536 square foot home, which was built in 1952, sits on a 0.09 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $275,000.

Over 217 listings were sold over their listed price in March 2024 in Cleveland, OH. In the same period over 318 listings were sold below the listed price and 99 listings were sold for the listed price. The inventory of homes for sale in Cleveland, OH between February 2024 and March 2024 increased by 5.3%. Listings spent 45 days on the market in March 2024, and had a median list price of $157,247 during the same period.

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

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