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  • $111,000

    16119 Parkgrove Ave, Cleveland, OH 44110

    4beds
    1,632sqft
    Duplex, Multi Family
    Built in 1923
    -- sqft lot
    $127,400 Zestimate®
    $68/sqft
    $1,198 Estimated rent

    Home value

    $127,400

    $113,000 - $141,000

    $1,198/mo

    Zestimate® history
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    $1,198/mo

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    $647/mo

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    $647/mo

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    What's special

    Take a look at this newly renovated duplex that is 100% tenant occupied! Renovations include new flooring, hot water tanks 2020 and 2022, and newer electrical panels! The third floor has begun renovations with drywall being installed to be turned into a small live in suite to maximize cash flow coming into this property! The units include carpet in the living room and hard wood floors in the kitchen. The home has a front porch on the first and second floors and the additional sunroom on the second floor is a huge plus. Income producing: $725/month per unit, plus tenants pay gas/electric! Tenant leases are up early 2024, leaving room for a new owner to come in and immediately raise rents to market rates! Selling As Is. This property is close to the freeway, hospitals, shopping centers and restaurants! Don't miss out on this property! It won't last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan McClain Morgan.McClain@cbschmidtohio.com346-221-1026,

    Coldwell Banker Schmidt Realty

    Bought with:

    Larel Huston, 2021000226

    Realty Trust Services, LLC

    Source: MLS Now,MLS#: 5010078MLS LogoOriginating MLS: Lake Geauga Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,632
    • Total interior livable area: 1,632 sqft
    • Finished area above ground: 1,632

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    Lot
    • Size: 4,560 Square Feet
    Details
    • Parcel number: 11319113
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Frame
    • Roof: Asphalt,Fiberglass,Shingle
    Condition
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Eastwood
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $68/sqft
    • Tax assessed value: $98,000
    • Annual tax amount: $1,960
    • Date on market: 1/9/2024
    • Cumulative days on market: 335 days
    • Tenant pays: Cable TV, Electricity, Gas, Heat, Internet

    Price history

    DateEventPrice
    5/7/2024Sold$111,000+12.1%$68/sqft
    Source: MLS Now #5010078 Report a problem
    9/13/2022Sold$99,000+52.3%$61/sqft
    Source: Public Record Report a problem
    5/31/2022Sold$65,000-58.6%$40/sqft
    Source: Public Record Report a problem
    1/10/2018Sold$157,000+22.7%$96/sqft
    Source: Public Record Report a problem
    10/25/2005Sold$128,000+106.5%$78/sqft
    Source: Public Record Report a problem
    8/30/1996Sold$62,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,294 +0%$34,300
    2024$2,293 +39.2%$34,300 +61.4%
    2023$1,647 +0.6%$21,250
    2022$1,638 +0.9%$21,250
    2021$1,623 -1.6%$21,250 +13.9%
    2020$1,648 +8%$18,660
    2019$1,527 +1.8%$18,660
    2018$1,500 -44.1%$18,660 +9.7%
    2017$2,686 -21.3%$17,010
    2016$3,414 +2.1%$17,010
    2015$3,344 +39.6%$17,010 -13.1%
    2014$2,396 +0.1%$19,570
    2013$2,395 -31.2%$19,570
    2012$3,479 -38.5%$19,570 -24.8%
    2011$5,657 +1143.6%$26,040
    2010$455 -88.2%$26,040
    2009$3,863 +3.6%$26,040 -12.1%
    2008$3,730 +127.1%$29,620
    2007$1,642 +0.1%$29,620
    2006$1,641 +4.8%$29,620 +10.3%
    2005$1,565 +1.2%$26,850
    2004$1,547 +1.1%$26,850
    2003$1,531 +10.7%$26,850 +9.7%
    2002$1,382 -42.2%$24,470
    2001$2,391 +4.5%$24,470
    2000$2,288 $24,470
    Find assessor info on the county website

    Neighborhood: North Collinwood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal - 1809

    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
    $127,400
    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
    $127,400