1 month on rocket

Sale Pending

3386 E 137th St, Cleveland, OH, 44120

$139,900

Home List Price

$1,661*

Closing Credit

5 Bedrooms
3 Full Baths
4,662 SqFt
$30/SqFt
Multi
Schools Nearby

Location

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3386 E 137th St, Cleveland$139,900

Buyer Closing Credits

$1,661*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNo Garage, Paved
Year Built1920
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5024577
Lot Size0.13 Acres
StatusSale Pending
(Pending)

About 3386 E 137th St

5Bed 3Bath, totaling 4662 sqft!Welcome to 3386 E 137th Street, where opportunity meets value in the vibrant Cleveland real estate market! This impeccably maintained triplex presents a compelling investment opportunity that combines both comfort and financial potential. Featuring two spacious 2-bedroom, 1-bathroom units on the first and second floors, and a cozy 1-bedroom, 1-bathroom unit on the third floor, this property offers versatile living arrangements to attract a variety of tenants.With the potential to generate an impressive $2400 per month in rental income, this triplex shatters the 1% rule and stands as a lucrative addition to any investor's portfolio. Its financial appeal is further enhanced by key features designed to ensure a seamless and attractive rental experience for tenants. Step into the first-floor unit, where gleaming hardwood floors adorn the expansive living and dining areas, leading to a well-appointed kitchen and two generously sized bedrooms. Ascend to the second floor to discover another meticulously crafted unit boasting hardwood floors, a recently remodeled kitchen, and upgraded fixtures throughout. The third floor offers a charming retreat with its cozy layout, fresh flooring, and inviting living space – perfect for attracting tenants seeking comfort and convenience. Convenience is paramount with three separate electric meters, streamlining management for landlords and enhancing tenant satisfaction. Additionally, the property's proximity to local amenities, including shops and the esteemed Cleveland Hospital, ensures convenience and accessibility for residents. Rest assured, this investment is supported by professional property management, providing peace of mind and efficient maintenance to optimize returns for savvy investors. Seize the opportunity to capitalize on Cleveland's thriving real estate market with 3386 E 137th Street. Schedule a viewing today and unlock the full potential of this exceptional investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 3
  • Living Area: 4,662 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (216) 387-7220
  • Listing Agent: Keyano Burgess

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: No Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Near the corner of Kinsman and E 137th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,900
  • Price Per SqFt: $30/SqFt

Tax Information:

  • Annual Amount: $484
  • 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

3386 E 137th St vs Cleveland

40 DAYS ON ROCKET

-5 Days

$139,900

-$17.3K Less

$30/SqFt

-$65 Less

KEY TAKEAWAY

This property is $17.3K less than the Median Sold Price and $65/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5024577

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (216) 387-7220
  • Listing Agent: Keyano Burgess

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: 4/28/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 30, 2020Home Sold
$18,000
Apr 02, 2009Home Sold
$21,000
Apr 19, 1999Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2020$484$5,570
2019$447$5,570
2018$446$5,570
2017$611$7,350

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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NMLS#3030

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-1781891
5
/10

  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 1.02 miles

  • Public District Grades PK-4

school-card-donut-1781892
4
/10

  • Boulevard Elementary School

  • 14900 Drexmore Rd

  • 1.16 miles

  • Public District Grades KG-4

school-card-donut-1781893
3
/10

  • Phoenix Village Academy Primary 2

  • 12601 Shaker Blvd

  • 1.27 miles

  • Public Charter Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,348. The most common annual income of people living in Cleveland, OH is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44120›3386 E 137th St

This home is located at 3386 E 137th St in Cleveland, OH and zip code 44120 in the Mount Pleasant neighborhood. This 4,662 square foot home, which was built in 1920, sits on a 0.13 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $139,900.

In March 2024 more than 217 listings in Cleveland, OH were sold above the asking price. During the same period more than 99 listings were sold at asking price, while more than 318 were sold below. The number of listings in Cleveland, OH increased by 5.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 45 days, the median list price was $157,247.

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

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