Sold
Last Sold Price
8 beds4,488 sqft$30/sqft
1331 Russell Road, Cleveland, OH 44103
Multi FamilyProperty Type
0.28 acresLot Size
1900Year Built
$30/sq ftPrice per sq ft

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!
  • Listed by: Scott Wallace 330.217.8831 scott.wallace@cardumgroup.com • Cardum
Listing closed: 08/22/2023 12:00 AM • Source: MLS Now, MLS#: 4463433

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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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

Property Details
  • Taxes: $2,717 / year
  • MLS Type: Residential Income / Quadruplex
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 0.28 AC / 12,401 SF
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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Listing Courtesy of Cardum

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