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  • $386,000

    1347 Marlowe Ave, Lakewood, OH 44107

    5beds
    2,854sqft
    Triplex, Multi Family
    Built in 1922
    -- sqft lot
    $424,500 Zestimate®
    $135/sqft
    $1,836 Estimated rent

    Home value

    $424,500

    $399,000 - $454,000

    $1,836/mo

    Zestimate® history
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    What's special

    Split unitUpdated bathClassic natural wood cabinetsNewer storm windowsModern kitchenUpdated electrical panels
    This 3-family home located in Central Lakewood offers an exceptional opportunity as an income generator. Recent upgrades have been made, including newer furnaces for the first and second floor units, and a split unit for the third floor. Additionally, newer storm windows and updated electrical panels have been installed. Each unit boasts charming interiors with classic natural wood cabinets in the dining and living areas, hardwood flooring, covered porches, and off-street parking. The first floor has been recently renovated, featuring a modern kitchen and bath. The second floor also has an updated bath and kitchen.Tenancy terms vary for the second and third floors, while the first floor is currently vacant, presenting an excellent opportunity for immediate occupancy or potential rental income.To explore this property further, schedule a private showing or visit the public open house on March 23rd or 24th. Don't miss out on the chance to own this prime investment property in Central Lakewood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany M Singer tiffanysinger@howardhanna.com216-536-4207,

    Howard Hanna

    Bought with:

    Sylvia Incorvaia, 411497

    EXP Realty, LLC.

    Source: MLS Now,MLS#: 5024759Originating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Heat Pump
    Cooling
    • None
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    • Laundry: Common Area, In Basement
    Features
    • Built-in Features, Natural Woodwork
    • Windows: Storm Window(s)
    • Basement: Common Basement
    Interior area
    • Total structure area: 2,854
    • Total interior livable area: 2,854 sqft
    • Finished area above ground: 2,854

    Property

    Parking
    • Parking features: Common, Driveway, Off Street
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    Lot
    • Size: 5,331 Square Feet
    Details
    • Parcel number: 31220031

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Wood Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Jc Lower Sub
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $135/sqft
    • Tax assessed value: $320,000
    • Annual tax amount: $5,600
    • Date on market: 3/20/2024
    • Cumulative days on market: 4 days
    • Listing agreement: Exclusive Right To Sell
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    4/18/2024Sold$386,000+0.3%$135/sqft
    Source: MLS Now #5024759 Report a problem
    3/24/2024Pending sale$385,000$135/sqft
    Source: MLS Now #5024759 Report a problem
    3/20/2024Listed for sale$385,000+26.3%$135/sqft
    Source: MLS Now #5024759 Report a problem
    12/6/2023Listing removed$304,900-4.7%$107/sqft
    Source: MLS Now #4341849 Report a problem
    2/10/2022Sold$320,000+5%$112/sqft
    Source: MLS Now #4341849 Report a problem
    1/12/2022Pending sale$304,900$107/sqft
    Source: MLS Now #4341849 Report a problem
    1/6/2022Listed for sale$304,900+1.7%$107/sqft
    Source: MLS Now #4341849 Report a problem
    12/10/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    12/4/2021Listed for rent$1,200
    Source: Zillow Rental Manager Report a problem
    11/24/2021Listing removed--
    Source: MLS Now #4332693 Report a problem
    11/21/2021Pending sale$299,900$105/sqft
    Source: MLS Now #4332693 Report a problem
    11/12/2021Listed for sale$299,900$105/sqft
    Source: MLS Now #4332693 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,268 -1.2%$112,000
    2024$7,356 +43.8%$112,000 +68%
    2023$5,117 +0.8%$66,680
    2022$5,078 +1%$66,680
    2021$5,028 +12.7%$66,680 +29%
    2020$4,459 +0.4%$51,700
    2019$4,441 +1.7%$51,700
    2018$4,367 +21.2%$51,700 +33.4%
    2017$3,603 +0.7%$38,750
    2016$3,579 $38,750
    2015$3,579 +5.8%$38,750 +10.1%
    2014$3,384 +1.1%$35,210
    2013$3,349 +11.2%$35,210
    2012$3,011 -28.1%$35,210 -29.6%
    2011$4,187 +0.3%$50,020
    2010$4,176 +9.3%$50,020
    2009$3,821 -34%$50,020 -6%
    2008$5,790 +51.5%$53,200
    2007$3,823 +0.4%$53,200
    2006$3,806 -1.4%$53,200 +4.2%
    2005$3,862 +1%$51,070
    2004$3,825 +8.3%$51,070
    2003$3,533 +11.5%$51,070 +14.5%
    2002$3,167 -45%$44,590
    2001$5,761 -0.1%$44,590
    2000$5,765 $44,590
    Find assessor info on the county website

    Neighborhood: 44107

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lakewood CSD (Cuyahoga)- 1817

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $424,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $424,500