The thought of owning this triplex right in the heart of Ohio City is now yours. Updates include electrical, roof ~10-15 years old and the rear unit has a newer furnace. Two of the three units are leased and the rear vacant unit is redone with new flooring, paint, window and toilet. The layout for this triplex is 2-one bedroom units on the first floor; in the front and rear, and a large 3 bedroom on the second floor. Great annual income and low expenses. Steps from the Towpath Trail, West Side Market, RTA Red Line, the Breweries and Restaurants that call Ohio City Home. Easy access to downtown, University Circle, Tremont and Detroit Shoreway. The list goes on for this incredible investment opportunity.
Closed
$301,500
3218 Monroe Ave, Cleveland, OH 44113
5beds
2,536sqft
Triplex, Multi Family
Built in 1952
-- sqft lot
$341,100 Zestimate®
$119/sqft
$1,758 Estimated rent
Home value
$341,100
$310,000 - $372,000
$1,758/mo
Zestimate® history
Owner options
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$1,758/mo
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$2,090/mo
Est. payment
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$2,090/mo
Est. payment
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List your homeWhat's special
University circleNewer furnaceHeart of ohio cityRear vacant unitWest side market
Zillow last checked:
Listing updated:
Listing Provided by:
Aaron Harden aaronharden@homesmartohio.com440-785-1213,
HomeSmart Real Estate Momentum LLC,
Anne Marie Harden 440-785-8510,
HomeSmart Real Estate Momentum LLC
Bought with:
Nora Sternquist, 449498
HomeSmart Real Estate Momentum LLC
Source: MLS Now,MLS#: 5027480
Originating MLS: Lake Geauga Area Association of REALTORS
Originating MLS: Lake Geauga Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,536
- Total interior livable area: 2,536 sqft
- Finished area above ground: 2,536
Property
Parking
- Parking features: Concrete
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,094 sqft
Details
- Parcel number: 00708107
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Wood Siding
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Barber & Lords
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2024 | Sold | $301,500+9.6%$119/sqft |
Source:  MLS Now #5027480 Report a problem | ||
| 4/7/2024 | Pending sale | $275,000$108/sqft |
Source:  HomeSmart #5027480 Report a problem | ||
| 4/1/2024 | Listed for sale | $275,000+27.9%$108/sqft |
Source: HomeSmart #5027480 Report a problem | ||
| 2/15/2022 | Listing removed | -- |
Source: HomeSmart Report a problem | ||
| 11/20/2021 | Price change | $215,000-6.5%$85/sqft |
Source: MLS Now #4318721 Report a problem | ||
| 11/2/2021 | Listed for sale | $230,000$91/sqft |
Source: MLS Now #4318721 Report a problem | ||
| 10/20/2021 | Pending sale | $230,000$91/sqft |
Source: MLS Now #4318721 Report a problem | ||
| 10/14/2021 | Price change | $230,000-8%$91/sqft |
Source: MLS Now #4318721 Report a problem | ||
| 9/22/2021 | Listed for sale | $250,000+987%$99/sqft |
Source: MLS Now #4318721 Report a problem | ||
| 5/30/2013 | Sold | $23,000-38.7%$9/sqft |
Source: MLS Now #3383964 Report a problem | ||
| 2/21/2013 | Listed for sale | $37,500+270.8%$15/sqft |
Source: Howard Hanna - Cleveland City #3383964 Report a problem | ||
| 3/22/2010 | Sold | $10,113-32.6%$4/sqft |
Source: Public Record Report a problem | ||
| 11/19/2009 | Sold | $15,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,771 +44.6% | $72,100 +67.6% |
| 2023 | $3,301 +0.6% | $43,020 |
| 2022 | $3,282 +1% | $43,020 |
| 2021 | $3,250 +9.7% | $43,020 +27% |
| 2020 | $2,962 +6.8% | $33,880 |
| 2019 | $2,773 +1.5% | $33,880 |
| 2018 | $2,732 +230.6% | $33,880 +240.5% |
| 2017 | $826 +0.8% | $9,950 |
| 2016 | $819 | $9,950 |
| 2015 | $819 +21.4% | $9,950 +21.9% |
| 2014 | $675 -0.1% | $8,160 |
| 2013 | $676 +5% | $8,160 |
| 2012 | $644 +1414.8% | $8,160 +16.6% |
| 2011 | $42 -90.2% | $7,000 |
| 2010 | $432 -47.5% | $7,000 -47.9% |
| 2009 | $823 -6.4% | $13,440 -10.9% |
| 2008 | $880 +3.3% | $15,090 |
| 2007 | $851 +0.1% | $15,090 |
| 2006 | $850 +24.2% | $15,090 +30.6% |
| 2005 | $685 +1.2% | $11,550 |
| 2004 | $677 +1.1% | $11,550 |
| 2003 | $670 +17.3% | $11,550 +16.2% |
| 2002 | $571 -41.2% | $9,940 |
| 2001 | $971 +4.5% | $9,940 |
| 2000 | $929 | $9,940 |
Find assessor info on the county website
Neighborhood: Ohio City
Nearby schools
GreatSchools rating
- 5/10Paul L Dunbar Elementary School @ KentuckyGrades: PK-8Distance: 0.2 mi
- 5/10Garrett Morgan School of Engineering & InnovationGrades: 9-12Distance: 0.9 mi
- 5/10Orchard SchoolGrades: PK-8Distance: 0.4 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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Estimated market value
$341,100
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Estimated market value
$341,100
- Ohio
- Cuyahoga County
- Cleveland
- 44113
- Ohio City
- 3218 Monroe Ave
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