This home can be a lucrative investment opportunity nestled on the westside of Cleveland, Ohio's thriving real estate market. This multi-family property boasts a great location, excellent rental potential, and promising returns for savvy investors seeking to expand their portfolio or generate passive income. This home enjoys proximity to key amenities, including schools, parks, shopping centers, dining options, and major transportation hubs. Its convenient location ensures high demand from tenants seeking accessibility and convenience. With multiple units, this property offers versatility and income stability. With strong rental demand in the area, this home presents an attractive income-generating opportunity. Investors can capitalize on the burgeoning rental market in Cleveland, enjoying consistent cash flow and substantial returns on investment. Don't miss out on this exceptional investment opportunity at 3002 Searsdale. Schedule a viewing today and take the first step towards securing your financial future or adding to your real estate portfolio in Cleveland's thriving real estate market.
Closed
$157,000
3002 Searsdale Ave, Cleveland, OH 44109
4beds
2,250sqft
Duplex, Multi Family
Built in 1910
-- sqft lot
$179,300 Zestimate®
$70/sqft
$1,004 Estimated rent
Home value
$179,300
$165,000 - $194,000
$1,004/mo
Zestimate® history
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$1,153/mo
Est. payment
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$1,153/mo
Est. payment
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Proximity to key amenitiesDining optionsShopping centers
Zillow last checked:
Listing updated:
Listed by:
Mark A McGuire 216-712-8382markmcguire@parkviewrg.com,
Parkview Realty Group Ltd
Bought with:
Mark A McGuire, 2020009123
Parkview Realty Group Ltd
Source: MLS Now,MLS#: 5015611
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
- Wall Unit(s)
Appliances
- Included: Built-In Oven, Dryer, Range, Refrigerator, Washer
Features
- Basement: Full
Interior area
- Total structure area: 2,250
- Total interior livable area: 2,250 sqft
- Finished area above ground: 1,490
- Finished area below ground: 760
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Paved
- Garage spaces: 2
Features
- Levels: One,Two
- Stories: 2
- Fencing: Back Yard
Lot
- Size: 3,850 Square Feet
Details
- Parcel number: 01420053
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Sears
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $109,700
- Annual tax amount: $1,897
- Date on market: 2/10/2024
- Cumulative days on market: 35 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2024 | Sold | $157,000-1.9%$70/sqft |
Source:  MLS Now #5015611 Report a problem | ||
| 3/15/2024 | Pending sale | $160,000$71/sqft |
Source: MLS Now #5015611 Report a problem | ||
| 2/10/2024 | Listed for sale | $160,000+45.5%$71/sqft |
Source: MLS Now #5015611 Report a problem | ||
| 3/5/2021 | Sold | $110,000+0.1%$49/sqft |
Source: MLS Now #4236508 Report a problem | ||
| 1/29/2021 | Contingent | $109,900$49/sqft |
Source: MLS Now #4236508 Report a problem | ||
| 1/21/2021 | Price change | $109,900-1.8%$49/sqft |
Source: MLS Now #4236508 Report a problem | ||
| 1/6/2021 | Price change | $111,900-6.7%$50/sqft |
Source: MLS Now #4236508 Report a problem | ||
| 10/29/2020 | Listed for sale | $119,900+30.3%$53/sqft |
Source: Russell Real Estate Services #4236508 Report a problem | ||
| 5/28/2014 | Listing removed | $92,000$41/sqft |
Source: Howard Hanna - Elyria #3413678 Report a problem | ||
| 6/2/2013 | Listed for sale | $92,000-3.6%$41/sqft |
Source: Howard Hanna - Elyria #3413678 Report a problem | ||
| 12/13/2004 | Sold | $95,419+80%$42/sqft |
Source: Public Record Report a problem | ||
| 12/27/1996 | Sold | $53,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,569 +0% | $38,400 |
| 2024 | $2,568 +34.6% | $38,400 +56% |
| 2023 | $1,908 +0.6% | $24,610 |
| 2022 | $1,897 +0.9% | $24,610 |
| 2021 | $1,879 +11.5% | $24,610 +29% |
| 2020 | $1,685 +8% | $19,080 |
| 2019 | $1,561 +0.3% | $19,080 |
| 2018 | $1,556 -1% | $19,080 +2.6% |
| 2017 | $1,572 +0.8% | $18,590 |
| 2016 | $1,559 | $18,590 |
| 2015 | $1,559 -10.4% | $18,590 -10% |
| 2014 | $1,739 +1.7% | $20,650 |
| 2013 | $1,710 +2.9% | $20,650 |
| 2012 | $1,662 +987.6% | $20,650 -16.4% |
| 2011 | $153 -90% | $24,710 |
| 2010 | $1,526 +0.8% | $24,710 |
| 2009 | $1,514 -6.5% | $24,710 -11% |
| 2008 | $1,618 +3.3% | $27,760 |
| 2007 | $1,566 +0.1% | $27,760 |
| 2006 | $1,564 +11.2% | $27,760 +17% |
| 2005 | $1,407 +2.8% | $23,730 |
| 2004 | $1,369 +1.1% | $23,730 |
| 2003 | $1,354 +12.3% | $23,730 +11.3% |
| 2002 | $1,205 -42.1% | $21,320 |
| 2001 | $2,083 +4.5% | $21,320 |
| 2000 | $1,993 | $21,320 |
Find assessor info on the county website
Neighborhood: Old Brooklyn
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Nearby schools
GreatSchools rating
- 3/10Charles A Mooney SchoolGrades: PK-8Distance: 0.2 mi
- 5/10Rhodes College and Career AcademyGrades: 8-12Distance: 1 mi
- 4/10Benjamin Franklin SchoolGrades: PK-8Distance: 0.6 mi
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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- Ohio
- Cuyahoga County
- Cleveland
- 44109
- Old Brooklyn
- 3002 Searsdale Ave
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