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Foreclosed
  • Est. $137,800

    3050 W 46th St, Cleveland, OH 44102

    9beds
    4baths
    2,647sqft
    MultiFamily
    Built in 1885
    -- sqft lot
    $137,800 Zestimate®
    $52/sqft
    $100/mo HOA

    Overview

    Subject/Details- IF you looking for a property with tons of potential for great cash flow with low operating cost, I suggest paying close attention to this deal before its gone! Perfect property for a great flip or buy to hold opportunity for you or your company!With two single units already rented out and bringing in monthly gross income around $900.00 you stand to double and even triple the monthly income with $5,000.0030,000 in rehabilitation. At the current price to pass on this is to miss out on something special for either the short or long term investor. This property has been locked in a portfolio for nearly 30 years! At Cleveland Wholesale Investments LLC. we consider ourselves very lucky to be offering this great property to you for a fraction of the true value of the house, let alone the potential after placing an additional 30-45 days maintenance. According to trulia, The average listing price for similar homes for sale is $60,609 and the average sales price for similar recently sold homes is $73,715. Get this baby up and running or the upstairs unit and the house in the back (A {very small} full rehab) there is at least $20,000.00 in profit for the flip or great long term growth potential. This property has a very basic and desirable floor plan with two single units up and running and 2 3-4 person family units available with rehab. The best part is it is already half way rented out. Give this property the TLC it needs in the vacant units at any pace you like. 2-1/1 units are running. With rehab of max $30,000.00 1- 3/1 unit and 1- 4/1 unit but you can segment the rehab as you chose potential of an additional $1000.00 in net monthly income.If you are a visionary investor you will definitely see the potential here. There is just too much potential to be ignored. Currently the owner is covering expenses of property with only the two units rented. Rest assured once ready you can rent this property out in no time at all. One newspaper advertisement in the area is averaging 100 inquiries per-week.
    27 days
    10
    3

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      Heating
      • Forced air
      Appliances
      • Included: Range / Oven, Refrigerator, Washer
      Interior area
      • Total interior livable area: 2,647 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Off-street, On-street, Garage
      Features
      • Exterior features: Wood
      Lot
      • Size: 5,000 Square Feet
      Details
      • Parcel number: 00624077

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Roof: Asphalt
      Condition
      • Year built: 1885

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $100 monthly
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $52/sqft
      • Tax assessed value: $14,000
      • Annual tax amount: $328

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        Foreclosure details

        Estimated market value

        $137,800

        $106,000 - $186,000

        $1,341/mo

        Price history

        DateEventPrice
        8/4/2026Sold$68,153+196.3%$26/sqft
        Source: Public Record Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        5/24/2014Listing removed$23,000$9/sqft
        Source: Owner Report a problem
        2/18/2014Listed for sale$23,000$9/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$328 +0%$4,900
        2024$328 +48.8%$4,900 +72.5%
        2023$220 +0.6%$2,840
        2022$219 +0.9%$2,840
        2021$217 -77.4%$2,840 -73.8%
        2020$958 +45.6%$10,850
        2019$658 -25.6%--
        2018$885 -85.4%$10,850 +52%
        2017$6,040 +36.8%$7,140
        2016$4,416 +12.2%$7,140
        2015$3,934 -17.2%$7,140 -10.2%
        2014$4,750 +32.4%$7,950
        2013$3,588 +16.1%$7,950
        2012$3,091 +459.1%$7,950 -8.8%
        2011$553 +2.7%$8,720
        2010$538 +0.8%$8,720
        2009$534 -39%$8,720 -11%
        2008$875 +58.3%$9,800
        2007$553 +0.1%$9,800
        2006$552 +13.2%$9,800 +19.1%
        2005$488 +2.7%$8,230
        2004$475 +1.1%$8,230
        2003$470 +17.5%$8,230 +16.4%
        2002$400 -42.1%$7,070
        2001$691 +4.5%$7,070
        2000$661 $7,070
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Stockyards

        Getting around

        69 / 100
        Somewhat Walkable
        48 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating