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  • $259,900

    259-261 E Frana Clara St, Louisville, OH 44641

    6beds
    2,848sqft
    Duplex, Multi Family
    Built in 1987
    -- sqft lot
    $309,500 Zestimate®
    $91/sqft
    $1,118 Estimated rent

    Home value

    $309,500

    $291,000 - $331,000

    $1,118/mo

    Zestimate® history
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    $1,118/mo

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    $1,692/mo

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    What's special

    Central airCeiling fansVinyl windows
    Here is a fantastic property with excellent tenants. Fully turn key, hard to find 3-BR duplex in highly desirable Louisville community. Tucked away in area of new construction provides market value/confidence & tenant interest. Side by side duplex, mirror image: LR 15x11 (carpet), DR 15x11 (carpet, slider to brick patio), Kitchen (9x14, eat in, breakfast counter, double sink, dishwasher-fridge (261-2023)-stove-(259 microwave & garbage disposal). Half-Bath on main floor, Bedrooms: 13x10, 15x11, 11x11, carpeted, some with ceiling fans, Full basement sectioned nicely, add living space with little effort. Laundry area. Central Air, good mechanicals (Heat 259-2022, 261-newer/maintained), owner pays for lawn care only. Water softeners (259-2019, 261-2020) vinyl windows good condition. Please see attached FLOOR PLAN in photo gallery. Leases thru 12/31/24 so your income is locked in for 0% vacancy in 2024. See attached APODs for a) current annual financials and b) with $1150/mo rents (7.7% CAP, $307,000 valuation!) AT UNDER $91/sqft this one is a great start, or addition to your portfolio. Buyer Financing Options: Cash, Conventional, FHA, OHFA, VA, USDA... Very feasible. Whether new or experienced, seller offers a 1-year home warranty for full peace of mind in 2024.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric T Wachtel 330-328-2862,

    Howard Hanna

    Bought with:

    Ramza K Boutros, 375448

    Cutler Real Estate

    Source: MLS Now,MLS#: 5011335Originating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener
    • Laundry: In Basement, Lower Level
    Features
    • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Storage
    • Windows: Double Pane Windows, Insulated Windows
    • Basement: Full,Interior Entry,Concrete,Partially Finished,Storage Space
    Interior area
    • Total structure area: 2,848
    • Total interior livable area: 2,848 sqft
    • Finished area above ground: 2,848

    Property

    Parking
    • Parking features: Attached, Concrete, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance, Side By Side
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: None
    Lot
    • Size: 0.66 Acres
    • Features: Back Yard, Flat, Front Yard, Level
    Details
    • Parcel number: 03604243
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding, Wood Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Updated/Remodeled
    • Year built: 1987
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Louisville

    Financial & listing details

    • Price per square foot: $91/sqft
    • Annual tax amount: $2,394
    • Date on market: 1/13/2024
    • Cumulative days on market: 3 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,USDA Loan,VA Loan
    • Tenant pays: All Utilities, Cable TV, Snow Removal

    Price history

    DateEventPrice
    2/13/2024Sold$259,900+0.3%$91/sqft
    Source: MLS Now #5011335 Report a problem
    1/16/2024Pending sale$259,000$91/sqft
    Source: MLS Now #5011335 Report a problem
    1/13/2024Listed for sale$259,000$91/sqft
    Source: MLS Now #5011335 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 44641

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Louisville CSD - 7607

    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
    $309,500
    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
    $309,500