This large multi-family home is a solid way to build your rental portfolio! The property consists of 2 units - 1 downstairs and 1 upstairs. Both units are currently vacant and have 2 bedrooms and 1 full bathroom each. Incredible big ticket updates including all new electric, new furnace, new hot water tanks, brand new plumbing, windows and vinyl siding along with a brand-new roof! The kitchen and bathrooms have been renovated and appliances are all new as well! There is a new HVAC unit for the upstairs unit. The property has new custom floors, fixtures and hardware throughout. There is a large covered front porch and off-street parking. With easy highway access, this is near food, shopping and public transit. Great opportunity with this multi-family home! It won't last long! Schedule a showing to see it for yourself!
Sold for $185,750 on 02/16/24
$185,750
7314 Colgate Ave, Cleveland, OH 44102
4beds
1,490sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$195,000 Zestimate®
$125/sqft
$1,155 Estimated rent
Home value
$195,000
$179,000 - $213,000
$1,155/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 16, 2024 at 01:08pm
Listing Provided by:
Michael Azzam 216-232-2187,
RE/MAX Haven Realty
Bought with:
Christopher Trivisonno, 2009003038
Keller Williams Living
Source: MLS Now,MLS#: 5011200
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total structure area: 1,490
- Total interior livable area: 1,490 sqft
- Finished area above ground: 1,490
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,408 sqft
Details
- Parcel number: 00607031
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Hoyt
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/16/2024 | Sold | $185,750+0.4%$125/sqft |
Source:  MLS Now #5011200 | ||
| 1/23/2024 | Pending sale | $185,000$124/sqft |
Source: MLS Now #5011200 | ||
| 1/12/2024 | Listed for sale | $185,000+15.6%$124/sqft |
Source: MLS Now #5011200 | ||
| 12/7/2023 | Sold | $160,000+1782.4%$107/sqft |
Source: Public Record | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,276 +319.3% | $49,000 +386.1% |
| 2023 | $781 +0.6% | $10,080 |
| 2022 | $777 +0.9% | $10,080 |
Find assessor info on the county website
Neighborhood: Detroit Shoreway
Nearby schools
GreatSchools rating
- 2/10Max S Hayes High SchoolGrades: 3-5,9-12Distance: 0.4 mi
- 3/10The Halle School of InquiryGrades: PK-8Distance: 0.5 mi
- 6/10Clark SchoolGrades: PK-8Distance: 0.6 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
$195,000
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
$195,000