Calling all INVESTORS!! Check out this well-maintained 3-unit property. First floor unit is tenant occupied m2m for $750 and includes two bedrooms and one bath. Second floor unit is vacant and currently marketed for rent iat $900. This also includes two bedrooms and one bath. Third floor efficiency is tenant-occupied m2m for $475. Beautiful hardwood floors throughout with open kitchens that include GRANITE countertops. Large dining rooms with built in cabinets. Low-maintenance vinyl windows. 100-AMP electrical service with updated panels. Vinyl windows. unfinished basement is 1043 Sq ft. All mechanicals are in good working order. GMR should be $2100, well surpassing the 1% Rule. With an annual rental income of around $25,000, you should be able to get at least a 10-CAP.
Closed
$133,100
491 E 114th St, Cleveland, OH 44108
5beds
2,363sqft
Triplex, Multi Family
Built in 1910
-- sqft lot
$140,200 Zestimate®
$56/sqft
$1,412 Estimated rent
Home value
$140,200
$128,000 - $154,000
$1,412/mo
Zestimate® history
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$992/mo
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Hardwood floorsLow-maintenance vinyl windows
Zillow last checked:
Listing updated:
Listed by:
Joseph Skerbec 216-860-0005sophie@premierheights.com,
Premier Heights Realty LLC,
Sophie Boehlen 216-849-8032,
Premier Heights Realty LLC
Bought with:
Seth B Task, 2005006382
Berkshire Hathaway HomeServices Professional Realty
Molly Malloy, 2019000616
Berkshire Hathaway HomeServices Professional Realty
Source: MLS Now,MLS#: 5102845
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Basement: Concrete,Unfinished
Interior area
- Total structure area: 2,363
- Total interior livable area: 2,363 sqft
- Finished area above ground: 2,363
Property
Parking
- Parking features: Concrete, Driveway, No Garage
Features
- Levels: Three Or More
Lot
- Size: 3,502 Square Feet
Details
- Parcel number: 11102078
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: L M Southerns Allotment
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $30,700
- Annual tax amount: $719
- Date on market: 3/1/2025
- Cumulative days on market: 68 days
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2025 | Pending sale | $124,900-6.2%$53/sqft |
Source:  MLS Now #5102845 Report a problem | ||
| 5/7/2025 | Sold | $133,100+6.6%$56/sqft |
Source: MLS Now #5102845 Report a problem | ||
| 3/10/2025 | Contingent | $124,900$53/sqft |
Source: MLS Now #5102845 Report a problem | ||
| 3/1/2025 | Listed for sale | $124,900+818.4%$53/sqft |
Source: MLS Now #5102845 Report a problem | ||
| 2/12/2025 | Listing removed | $800 |
Source: Zillow Rentals Report a problem | ||
| 10/22/2024 | Listed for rent | $800+14.3% |
Source: Zillow Rentals Report a problem | ||
| 8/7/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/8/2022 | Listed for rent | $700+55.6% |
Source: Zillow Rental Manager Report a problem | ||
| 9/22/2018 | Listing removed | $450 |
Source: Ikos Holdings, Inc. Report a problem | ||
| 8/29/2018 | Price change | $450-30.8% |
Source: Ikos Report a problem | ||
| 6/27/2018 | Price change | $650-18.8% |
Source: Ikos Report a problem | ||
| 5/7/2018 | Price change | $800-5.9% |
Source: Zillow Rental Network Report a problem | ||
| 3/21/2018 | Price change | $850-2.9% |
Source: Zillow Rental Network Report a problem | ||
| 2/11/2018 | Listed for rent | $875 |
Source: Zillow Rental Network Report a problem | ||
| 4/6/2017 | Sold | $13,600-31.7%$6/sqft |
Source: MLS Now #3842250 Report a problem | ||
| 11/25/2016 | Pending sale | $19,900$8/sqft |
Source: A. J. Lewis & Associates, Inc. #3842250 Report a problem | ||
| 9/6/2016 | Listed for sale | $19,900$8/sqft |
Source: A. J. Lewis & Associates, Inc. #3842250 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $719 +0% | $10,750 |
| 2024 | $719 +59.6% | $10,750 +85% |
| 2023 | $450 +0.6% | $5,810 |
| 2022 | $448 +0.9% | $5,810 |
| 2021 | $444 +5.3% | $5,810 +22.1% |
| 2020 | $421 +8% | $4,760 |
| 2019 | $390 +0.3% | $4,760 |
| 2018 | $389 -70.1% | $4,760 -69.1% |
| 2017 | $1,302 -51% | $15,400 |
| 2016 | $2,658 +7.1% | $15,400 |
| 2015 | $2,483 +25.8% | $15,400 -10% |
| 2014 | $1,973 +6.8% | $17,120 |
| 2013 | $1,847 +34% | $17,120 |
| 2012 | $1,378 +1.5% | $17,120 -20.1% |
| 2011 | $1,358 +926.7% | $21,420 |
| 2010 | $132 -89.7% | $21,420 |
| 2009 | $1,290 -7.6% | $21,420 -12.1% |
| 2008 | $1,396 +3.3% | $24,360 |
| 2007 | $1,351 +0.1% | $24,360 |
| 2006 | $1,349 +65.9% | $24,360 +74.4% |
| 2005 | $813 +1.2% | $13,970 |
| 2004 | $804 +1.1% | $13,970 |
| 2003 | $795 +18.8% | $13,970 +17.7% |
| 2002 | $670 -42.3% | $11,870 |
| 2001 | $1,160 +4.5% | $11,870 |
| 2000 | $1,110 | $11,870 |
Find assessor info on the county website
Neighborhood: Forest Hills
Nearby homes
- $--2 bd1 ba1k sqft491 E 114th St #2, Cleveland, OH 44108Off Market
- $--2 bd1 ba1k sqft493 E 114th St #1, Cleveland, OH 44108Off Market
- $--2 bd1 ba1k sqft493 E 114th St, Cleveland, OH 44108Off Market
- $150,0004 bd1 ba2.3k sqft495 E 114th St, Cleveland, OH 44108Sold
- $--4 bd1 ba-- sqft497 E 114th St, Cleveland, OH 44108Off Market
- $5,4006 bd2 ba2.9k sqft487 E 114th St, Cleveland, OH 44108Off Market
- $36,4004 bd1 ba1.2k sqft499 E 114th St, Cleveland, OH 44108Off Market
- $15,9004 bd2 ba1.1k sqft503 E 114th St, Cleveland, OH 44108Off Market
Nearby schools
GreatSchools rating
- 3/10Glenville High SchoolGrades: 2,8-12Distance: 0.3 mi
- 4/10Franklin D. Roosevelt SchoolGrades: PK-8Distance: 0.7 mi
- 3/10Stephanie Tubbs Jones SchoolGrades: PK-8Distance: 0.7 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
$140,200
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Estimated market value
$140,200
- Ohio
- Cuyahoga County
- Cleveland
- 44108
- Forest Hills
- 491 E 114th St
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