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  • $165,000

    3247 E 55th St, Cleveland, OH 44127

    8beds
    4,362sqft
    Quadruplex, Multi Family
    Built in 1910
    -- sqft lot
    $202,500 Zestimate®
    $38/sqft
    $1,033 Estimated rent

    Home value

    $202,500

    $170,000 - $243,000

    $1,033/mo

    Zestimate® history
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    Owner options

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    $1,033/mo

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    $1,033/mo

    Rent Zestimate®

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    $1,229/mo

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    $1,229/mo

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    What's special

    Introducing a LUCRATIVE INVESTMENT OPPORTUNITY in the heart of Cleveland, Ohio! This remarkable four-unit, all-brick building is strategically situated on East 55th, just a stone's throw away from Broadway, offering unparalleled convenience with quick access to downtown and major highways. If you're looking for an investor's dream, this is it. Currently, three of the four units are already rented out, ensuring immediate cash flow for savvy investors. With a well-established tenant base, you can start reaping the rewards of your investment from day one. Each unit boasts a spacious layout with two bedrooms and one bathroom, making them highly desirable for tenants seeking comfortable and affordable living spaces. The classic all-brick construction not only adds to the building's durability but also provides timeless charm that appeals to a wide range of renters. This property is priced to sell, representing an exceptional value proposition in today's competitive real estate market. Don't miss your chance to capitalize on this fantastic opportunity to expand your investment portfolio or kickstart your real estate journey. Property being SOLD AS IS. Investors and visionaries, seize this chance to secure a promising asset in Cleveland's thriving real estate landscape. Contact us today to schedule a viewing and take the first step toward building your wealth through this income-generating property. Your financial future awaits in the vibrant city of Cleveland, Ohio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jermaine N Brooks (216)839-5500klrw297@kw.com,

    Keller Williams Greater Metropolitan,

    Tiana Williams-Morgan 216-773-0797,

    Keller Williams Greater Metropolitan

    Bought with:

    Adriane D Jones, 2008001409

    Mia Brown Realty

    Source: MLS Now,MLS#: 4487988MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Included: Built-In Oven, Range, Refrigerator
    • Laundry: Common Area
    Features
    • Basement: Full
    Interior area
    • Total structure area: 4,362
    • Total interior livable area: 4,362 sqft
    • Finished area above ground: 4,362

    Property

    Parking
    • Parking features: No Garage, None
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 6,011 Square Feet
    Details
    • Parcel number: 12525007

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $38/sqft
    • Annual tax amount: $6,600
    • Date on market: 12/6/2023
    • Cumulative days on market: 67 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    1/18/2024Sold$165,000+10.1%$38/sqft
    Source: MLS Now #4487988 Report a problem
    11/15/2023Pending sale$149,900$34/sqft
    Source: MLS Now #4487988 Report a problem
    9/22/2023Contingent$149,900$34/sqft
    Source: MLS Now #4487988 Report a problem
    9/7/2023Listed for sale$149,900+310.7%$34/sqft
    Source: MLS Now #4487988 Report a problem
    9/9/2015Sold$36,500-31.8%$8/sqft
    Source: MLS Now #3448151 Report a problem
    8/8/2014Listed for sale$53,500$12/sqft
    Source: Howard Hanna - Solon #3448151 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: North Broadway

    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
    $202,500
    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
    $202,500