Introducing this large 3-unit, owner-occupied rental property in Cleveland Heights! The unit mix consists of 3-bed/1-bath, 3-bed/1-bath & 1-bed/1-bath on the third floor. The first and second floor units boast beautifully refinished hardwood floors, large living & dining rooms and spacious bedrooms. The top floor is a great space as well that just needs a small amount of cosmetic work to bring it back to its former glory. Both furnaces are in good condition and at least 1 hot water tank has recently been replaced. With a little bit of TLC you can easily achieve $2,850/month in total gross rent ($1,050/month for each of the 3-beds and $750 for the top floor 1-bed) taking you to a strong double-digit cash-on-cash return.
Closed
Tax assessed value
$160,000
3435 Altamont Ave, Cleveland Heights, OH 44118
7beds
3,124sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$213,100 Zestimate®
$51/sqft
$1,309 Estimated rent
Home value
$213,100
$190,000 - $241,000
$1,309/mo
Zestimate® history
Owner options
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$1,309/mo
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$1,309/mo
Rent Zestimate®
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$1,192/mo
Est. payment
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$1,192/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Tal Tamir tal@premierclevelandinvesting.com(216)870-8687,
Russell Real Estate Services
Bought with:
Tal Tamir, 2018001908
Russell Real Estate Services
Source: MLS Now,MLS#: 4467142
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,124
- Total interior livable area: 3,124 sqft
- Finished area above ground: 3,124
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Paved
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 68429096
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1920
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Cleveland Heights
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $160,000
- Annual tax amount: $5,627
- Date on market: 12/6/2023
- Cumulative days on market: 76 days
- Listing terms: Cash,Conventional,FHA,Trade,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/1/2023 | Sold | $160,000-11.1%$51/sqft |
Source:  MLS Now #4467142 Report a problem | ||
| 10/10/2023 | Pending sale | $179,900$58/sqft |
Source: MLS Now #4467142 Report a problem | ||
| 9/26/2023 | Listed for sale | $179,900$58/sqft |
Source: MLS Now #4467142 Report a problem | ||
| 8/31/2023 | Pending sale | $179,900$58/sqft |
Source: MLS Now #4467142 Report a problem | ||
| 8/14/2023 | Price change | $179,900-5.3%$58/sqft |
Source: MLS Now #4467142 Report a problem | ||
| 7/13/2023 | Listed for sale | $189,900$61/sqft |
Source: MLS Now #4467142 Report a problem | ||
| 7/3/2023 | Pending sale | $189,900$61/sqft |
Source: MLS Now #4467142 Report a problem | ||
| 6/20/2023 | Listed for sale | $189,900+708.1%$61/sqft |
Source: MLS Now #4467142 Report a problem | ||
| 3/23/2012 | Sold | $23,500+2.6%$8/sqft |
Source: MLS Now #3286658 Report a problem | ||
| 1/13/2012 | Price change | $22,900-69.9%$7/sqft |
Source: Homepath #3286658 Report a problem | ||
| 1/11/2012 | Listed for sale | -- |
Source: Homepath #3286658 Report a problem | ||
| 11/13/1996 | Sold | $76,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,673 -2.1% | $56,000 |
| 2024 | $4,772 +0.4% | $56,000 +26.8% |
| 2023 | $4,755 +0.5% | $44,170 |
| 2022 | $4,731 +2.1% | $44,170 |
| 2021 | $4,635 +12.2% | $44,170 +24.1% |
| 2020 | $4,131 -48.4% | $35,600 |
| 2019 | $8,006 +43.2% | $35,600 |
| 2018 | $5,592 -82.1% | $35,600 +4.9% |
| 2017 | $31,172 +55.3% | $33,950 |
| 2016 | $20,076 +3.1% | $33,950 |
| 2015 | $19,468 +42.4% | $33,950 -7% |
| 2014 | $13,676 +45.6% | $36,510 |
| 2013 | $9,394 +151.4% | $36,510 |
| 2012 | $3,736 -4.4% | $36,510 -8.6% |
| 2011 | $3,906 +971.7% | $39,940 |
| 2010 | $365 -89.9% | $39,940 |
| 2009 | $3,602 -1% | $39,940 -6% |
| 2008 | $3,640 +3% | $42,500 |
| 2007 | $3,533 +8.1% | $42,500 |
| 2006 | $3,268 +7% | $42,500 +15.8% |
| 2005 | $3,054 +0.6% | $36,690 |
| 2004 | $3,035 +11.8% | $36,690 |
| 2003 | $2,715 +5.9% | $36,690 +14.5% |
| 2002 | $2,565 -49.1% | $32,030 |
| 2001 | $5,035 +0.4% | $32,030 |
| 2000 | $5,016 | $32,030 |
Find assessor info on the county website
Neighborhood: 44118
Nearby homes
- $--2 bd1 ba1.2k sqft3439 Altamont Rd #UP, Cleveland, OH 44118Off Market
- $176,0002 bd1 ba1.2k sqft3439 Altamont Ave, Cleveland Heights, OH 44118Off Market
- $183,7005 bd3 ba2.3k sqft3431 Altamont Ave, Cleveland Heights, OH 44118Off Market
- $--2 bd1 ba1.1k sqft3431 Altamont Ave #1, Cleveland, OH 44118Off Market
- $--3 bd2 ba1.1k sqft3431 Altamont Ave #2, Cleveland, OH 44118Off Market
- $--2 bd1 ba1.1k sqft3431 Altamont Rd, Cleveland, OH 44118Off Market
- $--3 bd2 ba1.1k sqft3433 Altamont Rd #UP, Cleveland, OH 44118Off Market
- $226,3005 bd2 ba2.4k sqft3441 Altamont Ave, Cleveland Heights, OH 44118Off Market
Nearby schools
GreatSchools rating
- 5/10Boulevard Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Roxboro Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Cleveland Heights High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Cleveland Hts-Univer - 1810
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
$213,100
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
$213,100
- Ohio
- Cuyahoga County
- Cleveland Heights
- 44118
- 3435 Altamont Ave
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