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Off market
  • $257,200

    16818 Kenyon Rd, Shaker Heights, OH 44120

    6beds
    3,150sqft
    MultiFamily
    Built in 1926
    -- sqft lot
    $257,200 Zestimate®
    $82/sqft
    $1,257 Estimated rent

    Home value

    $257,200

    $234,000 - $280,000

    $1,257/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,760/mo

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    $1,760/mo

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    What's special

    Income property. Two Family with 2-bedroom, 1-bath on first floor and 2-bedroom, 1 bath on second floor plus 2 bedrooms on third floor that can be included with 2nd floor unit. Currently used as Airbnb rental on first floor and yearly lease on 2nd floor. First floor generated $23,306 in 2021. Currrent income thru July 2022 is $14,773. Airbnb income has been and continues to be increasing at a rapid rate. Second story lease is for $1150 per month. Lease expires in September and tenants have said they will move out. Unit could be leased at about $1300 to $1500 per month. I have already started the process of listing the property on Airbnb at $110 per night. Airbnb has system they call "smart pricing" that allows the rental rate to increase if there is local demand. Rates have been as high ans $150 per night. First floor unit is furnish and supplied with linens and kitchen utinsils for preparing and serving food. First floor unit has washer/dryer in unit. Second floor unit has W/D in basement.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,150 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,850 sqft
    Details
    • Parcel number: 73528076

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Shaker Heights

    Price history

    DateEventPrice
    9/30/2022Sold$235,000-6%$75/sqft
    Source: Public Record Report a problem
    9/13/2022Pending sale$250,000$79/sqft
    Source: Owner Report a problem
    8/16/2022Listed for sale$250,000+72.4%$79/sqft
    Source: Owner Report a problem
    8/8/2017Sold$145,000+222.2%$46/sqft
    Source: Public Record Report a problem
    7/28/2016Sold$45,000+4.9%$14/sqft
    Source: MLS Now #3807688 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,298 +16.9%$82,250 +48.4%
    2023$6,241 +3.5%$55,440
    2022$6,032 +0.3%$55,440

    Find assessor info on the county website

    Neighborhood: Lomond

    Nearby schools

    GreatSchools rating
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