Cash-flowing duplex in Maple Heights with room to increase rents! This is the perfect property to start, or add to, your portfolio. Fully occupied, it easily generates $18K annually in GRI and easily beats the 1% rule and 10-Cap. All mechanicals were replaced in the last 2 years! Seller is open to delivering property POS-compliant. Photos were taken prior to tenant occupancy. Other properties also available for sale on an individual basis. List is available upon request (seller-financing is not an option).
Closed
Tax assessed value
$108,000
16008 Raymond St, Maple Heights, OH 44137
4beds
1,453sqft
Duplex, Multi Family
Built in 1927
-- sqft lot
$128,800 Zestimate®
$74/sqft
$1,386 Estimated rent
Home value
$128,800
$111,000 - $147,000
$1,386/mo
Zestimate® history
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$1,386/mo
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$629/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Kathryn Schenk (216)839-5500klrw297@kw.com,
Keller Williams Greater Metropolitan
Bought with:
Grace Pritchard, 2023001992
Keller Williams Greater Metropolitan
Source: MLS Now,MLS#: 4501229
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: None
Features
- Has basement: Yes
Interior area
- Total structure area: 1,453
- Total interior livable area: 1,453 sqft
- Finished area above ground: 1,453
Property
Parking
- Total spaces: 2
- Parking features: Paved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,250 sqft
Details
- Parcel number: 78106036
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Maple Heights
- Subdivision: Lee Road Allotment/C Freunds
Price history
| Date | Event | Price |
|---|---|---|
| 1/18/2024 | Sold | $108,000-7.3%$74/sqft |
Source:  MLS Now #4501229 Report a problem | ||
| 11/20/2023 | Contingent | $116,500$80/sqft |
Source: MLS Now #4501229 Report a problem | ||
| 11/1/2023 | Listed for sale | $116,500-0.9%$80/sqft |
Source: MLS Now #4501229 Report a problem | ||
| 11/1/2023 | Listing removed | -- |
Source: MLS Now #4457502 Report a problem | ||
| 10/10/2023 | Price change | $117,500-2.1%$81/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 10/2/2023 | Price change | $120,000-3.2%$83/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 9/29/2023 | Price change | $124,000-4.5%$85/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 9/20/2023 | Price change | $129,900-3.7%$89/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 9/17/2023 | Price change | $134,900-3.6%$93/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 9/1/2023 | Price change | $139,900-3.5%$96/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 8/25/2023 | Price change | $144,900-3.3%$100/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 8/16/2023 | Price change | $149,900-3%$103/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 7/20/2023 | Price change | $154,500-1%$106/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 7/18/2023 | Price change | $156,000-0.6%$107/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 6/28/2023 | Price change | $157,000-0.6%$108/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 6/7/2023 | Price change | $158,000-3.1%$109/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 5/10/2023 | Listed for sale | $163,000+443.3%$112/sqft |
Source: MLS Now #4457502 Report a problem | ||
| 12/17/2020 | Sold | $30,000-36.2%$21/sqft |
Source: Public Record Report a problem | ||
| 5/30/2006 | Sold | $47,000+28.2%$32/sqft |
Source: Public Record Report a problem | ||
| 2/3/2006 | Sold | $36,667$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,086 +43.6% | $37,800 +62.9% |
| 2023 | $2,149 +0.4% | $23,210 |
| 2022 | $2,140 -7.3% | $23,210 |
| 2021 | $2,308 +20.7% | $23,210 +32.1% |
| 2020 | $1,913 -49.9% | $17,570 |
| 2019 | $3,818 +51.6% | $17,570 |
| 2018 | $2,518 -30.7% | $17,570 +8.4% |
| 2017 | $3,633 +65.1% | $16,210 |
| 2016 | $2,201 | $16,210 |
| 2015 | $2,201 -17.7% | $16,210 -25% |
| 2014 | $2,674 -14.2% | $21,600 |
| 2013 | $3,116 -15.5% | $21,600 |
| 2012 | $3,686 +14.4% | $21,600 -24.8% |
| 2011 | $3,223 -39.3% | $28,710 |
| 2010 | $5,311 -25.6% | $28,710 |
| 2009 | $7,134 +48.8% | $28,710 -8% |
| 2008 | $4,793 +120.7% | $31,190 |
| 2007 | $2,172 +3.7% | $31,190 |
| 2006 | $2,095 +6.5% | $31,190 +18.8% |
| 2005 | $1,967 +19.1% | $26,250 |
| 2004 | $1,651 +2.4% | $26,250 |
| 2003 | $1,612 +24.9% | $26,250 +7.8% |
| 2002 | $1,291 -39.7% | $24,360 |
| 2001 | $2,141 -0.1% | $24,360 |
| 2000 | $2,144 | $24,360 |
Find assessor info on the county website
Neighborhood: 44137
Nearby schools
GreatSchools rating
- 3/10Barack Obama Elementary SchoolGrades: 4-5Distance: 1.6 mi
- 5/10Milkovich Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Maple Heights High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Maple Heights CSD - 1818
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
$128,800
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$128,800
- Ohio
- Cuyahoga County
- Maple Heights
- 44137
- 16008 Raymond St
Nearby cities
Nearby zip codes
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