Last Sold Price
8 beds4,488 sqft$30/sqft
1331 Russell Road, Cleveland, OH 44103

Description

Attention investors! Rare multi-family property with two duplexes on one parcel. Minutes from downtown and university circle. Each unit offers two bedrooms, a bath, living room and dining room. Full basements in both buildings with shared laundry hookups, a large shared common off-street gated parking area, and an above ground pool behind the rear building. The property is currently family occupied, but has a $3,000/month potential revenue stream. Start making a return immediately with this investment!...Attention investors! Rare multi-family property with two duplexes on one parcel. Minutes from downtown and university circle. Each unit offers two bedrooms, a bath, living room and dining room. Full basements in both buildings with shared laundry hookups, a large shared common off-street gated parking area, and an above ground pool behind the rear building. The property is currently family occupied, but has a $3,000/month potential revenue stream. Start making a return immediately with this investment! Call today to schedule your showing!
LISTING CLOSED: 08/22/2023 12:00 AM

  1. Listed by Scott Wallace • Cardum
    P: (330) 217-8831 scott.wallace@cardumgroup.com

Property Details for 1331 Russell Road

Status
MLS #
4463433
Days on Market
28
Taxes
$2,717 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Quadruplex
Year Built
1900
Lot Size
0.28 AC / 12,401 SF

Amenities

  • Above Ground Pool
  • Basement
  • Common Laundry
  • Formal Dining Room
  • Full Basement
  • Gas Heat
  • Laundry
  • Parking Included

Location

Listing Courtesy of Cardum

Sold By EXP Realty, LLC.

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Building Information for 1331 Russell Road

Stories2Residences4Year Built1900Building Size-Lot Size0.28 AC / 12,401 SF

Payment Calculator

$913 per month

30 year fixed, 6.55% Interest

Principal and Interest

$686

Property Taxes

$226

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1331 Russell Road

Summary
Location and General Information
  • Directions: Superior Ave to Russell Rd
  • Latitude: 41.517959
  • Longitude: -81.641986
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 106-02-128
  • Tax Annual Amount: $2,717.00
  • Tax Legal Description: PARCEL A AFN 201910250289
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: No Garage, Unpaved
Property
Lot Information
  • Lot Size Acres: 0.2847
  • Lot Size Area: 0.2847
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 4488.0
  • Above Grade Finished Area Source: Assessor
  • Building Area Total: 4488.0
  • Living Area: 4488.0
  • Year Built: 1900
Building Features
  • Construction Materials: Aluminum Siding, Vinyl Siding, Wood Siding
  • Levels: Two
  • Number of Buildings: 2
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms Integer: 5
  • Total Bedrooms: 8
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: Common Area, In Unit
  • Main Level Bathrooms: 0
  • Total Rooms: 20
Exterior Features
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Multi Family
Multi Family Information
  • Total Number of Units: 4
Unit Information
Unit 1
  • Area: 1104.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Family Occupied
  • Leased: Yes
  • Occupant Type: Occupied
Unit 2
  • Area: 1266.0
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Description: Family Occupied
  • Leased: Yes
  • Occupant Type: Occupied
Unit 3
  • Area: 1104.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Owner Occupied
  • Leased: Yes
  • Occupant Type: Occupied
Unit 4
  • Area: 1014.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: Family Occupied
  • Leased: Yes
  • Occupant Type: Occupied
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable Tv, Electricity, Gas

Property History for 1331 Russell Road

DateEvent & SourcePriceAppreciation
Aug 22, 2023

Sold

MLS Now #4463433

$135,000
Jun 30, 2023

Contract Signed

MLS Now #4463433

Jun 2, 2023

Listed (Active)

MLS Now #4463433

$145,000
DateEvent & SourcePrice
08/22/2023

Sold

MLS Now #4463433

$135,000
06/30/2023

Contract Signed

MLS Now #4463433

06/02/2023

Listed (Active)

MLS Now #4463433

$145,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1331 Russell Road

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Wade Park School
PublicPK to 8

Campus International High School
Public9 to 12

Willson School
PublicPK to 8

Daniel E Morgan School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1331 Russell Road, Cleveland, OH 44103
$135,000
8
4,488
12,401
2
2,088
5,215
2
1,764
3,750
2
2,543
3,300
3
3,003
3,049
2
2,016
3,500

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cardum

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