Pointing You Home to this all brick 4 suite investment property located on the western end of Lakewood. Prime location with a quick walk to shops, restaurants, Metroparks & more! Loads of character, built-in leaded glass china cabinets, window seat, crown molding, high ceilings & hardwood floors! Solid building with each suite consisting of 1bdrm, 1bth, kitchen, living rm & dining rm. Living room w/a stately decorative fireplace. Spacious formal dining rm w/built-in leaded glass china cabinets, window seat & crown molding. Kitchen w/room for a table & all appliances will remain. Spacious bdrm w/neutral decor & steps away from the main full bath. Laundry room & plenty of storage is located in the basement. Each tenant has access to garage spot! Rents could be much higher.
Closed
$440,000
1357 Phelps Ave, Lakewood, OH 44107
4beds
7,372sqft
Quadruplex, Multi Family
Built in 1924
-- sqft lot
$540,700 Zestimate®
$60/sqft
$1,495 Estimated rent
Home value
$540,700
$492,000 - $606,000
$1,495/mo
Zestimate® history
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$3,105/mo
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Zillow last checked:
Listing updated:
Listed by:
Julie Weist JulieWeist@HowardHanna.com216-288-3403,
Howard Hanna
Bought with:
Julie Weist, 387713
Howard Hanna
Source: MLS Now,MLS#: 5056651Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 7,372
- Total interior livable area: 7,372 sqft
- Finished area above ground: 5,529
- Finished area below ground: 1,843
Property
Parking
- Parking features: Detached, Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,453 Square Feet
Details
- Parcel number: 31117021
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Roof: Other
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: Rockport Sec 23
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $60/sqft
- Annual tax amount: $6,399
- Date on market: 7/24/2024
- Cumulative days on market: 30 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2024 | Pending sale | $475,000+8%$64/sqft |
Source: MLS Now #5056651 Report a problem | ||
| 8/23/2024 | Sold | $440,000-7.4%$60/sqft |
Source: MLS Now #5056651 Report a problem | ||
| 7/31/2024 | Contingent | $475,000$64/sqft |
Source: MLS Now #5056651 Report a problem | ||
| 7/24/2024 | Listed for sale | $475,000$64/sqft |
Source: MLS Now #5056651 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 44107
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Nearby schools
GreatSchools rating
- 5/10Horace Mann Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 8/10Harding Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Lakewood High SchoolGrades: 9-12Distance: 1.7 mi
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
$540,700
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
$540,700
- Ohio
- Cuyahoga County
- Lakewood
- 44107
- 1357 Phelps Ave
Nearby cities
Nearby zip codes
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