11 days on rocket

3451 E 140th St, Cleveland, OH, 44120

$249,000

Home List Price

$2,957*

Closing Credit

8 Bedrooms
4 Full Baths
6,402 SqFt
$39/SqFt
Multi
Schools Nearby

Location

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3451 E 140th St, Cleveland$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingParking Lot
Year Built1925
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5036721
Lot Size0.12 Acres
StatusActive

About 3451 E 140th St

Step into the epitome of investment excellence with this fully occupied, all-brick large fourplex, nestled within a trio of legal fourplexes with 2 side by side and the third down the street, boasting a total of 12 units. A true cash cow in every sense, this property package yields an impressive $7,950 in gross rents across the three properties, securing a steady stream of income for the discerning investor. For only $587,000 total! (3451 E 140th St., 3455 E 140th St. & 9413 Holton Ave.). But what sets this offering apart is not just its profitability, but its impeccable attention to detail and maintenance. The seller has lavished care and investment into the property, ensuring minimal upkeep and maximum returns. Marvel at the 18 new windows, bathing each unit in natural light and energy efficiency. Each unit also features cozy fireplaces! Revel in the warmth provided by the new furnace, guaranteeing comfort and reliability for tenants. And with renovations gracing both units and common areas, this property exudes modernity and charm at every turn. Complete with spacious parking in the back of each building! Professional management in place! Whether you're a seasoned investor seeking a new addition to your portfolio or a visionary entrepreneur ready to embark on a lucrative venture, this fourplex is your golden ticket to success. Don't miss out on this opportunity to own a piece of prime real estate – schedule your viewing today and let your investment dreams take flight!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2
  • Living Area: 6,402 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Off Kinsman Rd. by Key Bank

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $39/SqFt

Tax Information:

  • Annual Amount: $1,889
  • Tax Year: 2020
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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

3451 E 140th St vs Cleveland

11 DAYS ON ROCKET

-30 Days

$249,000

+$91.6K More

$39/SqFt

-$56 Less

KEY TAKEAWAY

This property is $91.6K more than the Median Sold Price and $56/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: #5036721

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

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: 5/19/2024, 5:20:38 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

Jun 21, 2021Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,889$18,170
2019$1,778$18,170
2018$1,734$18,170
2017$1,793$17,650

History based on county public records data.

Payment Calculator

$1,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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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-3852120
5
/10
  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 0.94 miles

  • Public District Grades PK-4

school-card-donut-3852121
4
/10
  • Boulevard Elementary School

  • 14900 Drexmore Rd

  • 1.16 miles

  • Public District Grades KG-4

school-card-donut-3852122
3
/10
  • Phoenix Village Academy Primary 2

  • 12601 Shaker Blvd

  • 1.40 miles

  • Public Charter Grades 3-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,448. Residents of Cleveland, OH typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesOhioCuyahoga CountyCleveland441203451 E 140th St

This home is located at 3451 E 140th St in Cleveland, OH and zip code 44120 in the Mount Pleasant neighborhood. This 6,402 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $249,000.

While more than 284 listings in Cleveland, OH in April 2024 were sold above asking price, there were more than 94 listings sold at asking price, and more than 344 were sold below. The number of listings in Cleveland, OH decreased by 1.2% between March 2024 and April 2024. In April 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $157,362.

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

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