Sold
Last Sold Price
6 beds
1961 Coltman Road, Cleveland, OH 44106
Multi FamilyProperty Type
0.09 acresLot Size
1900Year Built
1 carParking Spaces

Description

Unlock incredible potential with this multi-family property situated in the highly sought-after Little Italy district. Perfectly positioned for investors, this property is just moments away from the prestigious Case Western Reserve University, University Hospitals, and the world-renowned Cleveland Clinic. This 4-unit value-add property is a diamond in the rough, perfectly positioned for the savvy investor. Tenants will flock to the charm of Murray Hill’s cobblestone streets, legendary eateries like...Unlock incredible potential with this multi-family property situated in the highly sought-after Little Italy district. Perfectly positioned for investors, this property is just moments away from the prestigious Case Western Reserve University, University Hospitals, and the world-renowned Cleveland Clinic. This 4-unit value-add property is a diamond in the rough, perfectly positioned for the savvy investor. Tenants will flock to the charm of Murray Hill’s cobblestone streets, legendary eateries like Presti's, and easy RTA access. This property is a blank canvas ready for renovation to capture elite market rents. With a constant demand from med students, residents, and professionals, this is a rare chance to build equity and secure high-performing cash flow in a low-vacancy corridor. Property sold as-is. Don't miss your chance to own a piece of Cleveland’s most storied neighborhood!
  • Listed by: Tera Somogyi 561.901.9331 TeraSomogyi@gmail.com • Keller Williams Living
Listing closed: 03/20/2026 12:00 AM • Source: MLS Now, MLS#: 5183175

Location

Listing Courtesy of Keller Williams Living

Sold By Realty Trust Services, LLC

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Payment Calculator

$2,132 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,421

Property Taxes

$711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1961 Coltman Road

Property Details
  • Taxes: $8,533 / year
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Name: T Spencer Knights Allotment
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 1900
  • Lot Size: 0.09 AC / 3,998 SF
Summary
Location and General Information
  • Directions: 2W to exit 177 Martin Luther King Jr Dr, turn left, turn RT, sharp lkeft onto Wade Park Ave. Rt onto E 118th St, Left onto Euclid Ave, RT onto Coltman Rd
  • Latitude: 41.509736
  • Longitude: -81.598206
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 120-30-050
  • Tax Annual Amount: $8,533.36
  • Tax Legal Description: 396 KNIGHT 0069 ALL
  • Tax Year: 2025
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: 1.0
  • Garage: Yes
  • Parking Features: Driveway, Garage
Property
Lot Information
  • Lot Size Acres: 0.0918
  • Lot Size Area: 0.0918
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Year Built: 1900
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Brick, Shingle Siding, Wood Siding
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Range
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms Integer: 5
  • Total Bedrooms: 6
  • Cooling: Central Air, None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 0
Exterior Features
  • Private Pool: No
  • Roof: Flat, Shingle
  • Stories: 2
  • Total Stories: 2
Unit Information
Unit 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Description: Unit 1 - Front House
  • Leased: No
  • Occupant Type: Vacant
  • Type: One Bedroom
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Unit 4 - Second Floor, Front Unit
  • Leased: No
  • Occupant Type: Vacant
  • Type: One Bedroom
Unit 3
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: Unit 3 - Second Floor, Back Unit
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 4
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: Unit 2 - First Floor, Back Unit
  • Leased: No
  • Occupant Type: Vacant
  • Type: Three Bedroom

Property History for 1961 Coltman Road

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Sold

MLS Now #5183175

$275,000
Mar 19, 2026

Sold (Public Record)

Public Record #1932408780

$275,000
Mar 2, 2026

Contract Signed

MLS Now #5183175

DateEvent & SourcePrice
03/20/2026

Sold

MLS Now #5183175

$275,000
03/19/2026

Sold (Public Record)

Public Record #1932408780

$275,000
03/02/2026

Contract Signed

MLS Now #5183175

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

Public Records for 1961 Coltman Road

Taxable ValueLand$21,000Additions$61,355Total$82,355
Tax Record2025$8,533 ($711 / month)
Home Facts
Total Finished SqFt4,372 SqFtAbove Grade Finished SqFt4,372 SqFtStories2Lot Size4,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1968ZoningMF-1CountyCUYAHOGAAPN120-30-050

Schools near 1961 Coltman Road

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

John Hay Early College High School
Public9 to 12

John Hay School Of Science & Medicine
Public9 to 12

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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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 Keller Williams Living

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