Sold
Last Sold Price
12 beds8,136 sqft$36/sqft
3006 Riverside Avenue, Cleveland, OH 44109
Multi FamilyProperty Type
7,130 sq ftLot Size
1920Year Built
$36/sq ftPrice per sq ft

Description

The ideal investment opportunity features four units that are all currently occupied. Each unit has three bedrooms, one bathroom upstairs, a formal dining room, a formal living room, and a spacious kitchen. Additionally, every unit has individual access to the basement. Two of the units have been recently remodeled with updated bathrooms, kitchens, laminate flooring, and a newer HVAC system. New Flat Roof 2023 and much more. The monthly rent varies between $795 and $850 plus additional monthly water/sewer...The ideal investment opportunity features four units that are all currently occupied. Each unit has three bedrooms, one bathroom upstairs, a formal dining room, a formal living room, and a spacious kitchen. Additionally, every unit has individual access to the basement. Two of the units have been recently remodeled with updated bathrooms, kitchens, laminate flooring, and a newer HVAC system. New Flat Roof 2023 and much more. The monthly rent varies between $795 and $850 plus additional monthly water/sewer charges. Property sold as is condition.
  • Listed by: Natalie Berezovsky 440.533.5929 Natalie@iip-management.com • IIP Management, LLC.
Listing closed: 12/01/2023 12:00 AM • Source: MLS Now, MLS#: 4480728

Recent comparable sales

Median sold price

$295,000

Avg days on market

44

Sale-to-list ratio

94.8%

Cleveland, OH

9 comparable properties found

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1/23
1

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Square Feet
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$265,000 | 1720 Debra Ann Lane, Cleveland, OH 44112
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$280,000 | 3173 West 38th Street, Cleveland, OH 44109
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$350,000 | 4100 Mapledale Avenue, Cleveland, OH 44109
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4,334
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Acres
$350,000 | 3355 West 43rd Street, Cleveland, OH 44109
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10
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3,991
Square Feet
0.10
Acres
$295,000 | 3384 West 63rd Street, Cleveland, OH 44102
1/46
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3,020
Square Feet
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Acres

Location

Listing Courtesy of IIP Management, LLC.

Sold By BHHS Professional Realty

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Payment Calculator

$2,027 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,474

Property Taxes

$553

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3006 Riverside Avenue

Property Details
  • Taxes: $6,630 / year
  • MLS Type: Residential Income / Quadruplex
  • Subdivision Name: Poe Halle & Piahs
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1920
  • Lot Size: 0.16 AC / 7,130 SF
Summary
Location and General Information
  • Directions: Northeast of Denison Ave & Pearl Rd
  • Latitude: 41.455595
  • Longitude: -81.703393
Taxes and HOA
  • Parcel Number: 015-20-074
  • Tax Annual Amount: $6,630.00
  • Tax Legal Description: 66 PH&F S/L 86 EP 87 0013 SWP
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: None
Property
Lot Information
  • Lot Size Acres: 0.1637
  • Lot Size Area: 0.1637
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 5424.0
  • Above Grade Finished Area Source: Assessor
  • Below Grade Finished Area: 2712.0
  • Below Grade Finished Area Source: Assessor
  • Building Area Total: 5424.0
  • Living Area: 8136.0
  • Year Built: 1920
Building Features
  • Construction Materials: Brick
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 12
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Main Level Bathrooms: 0
Exterior Features
  • Roof: Flat
  • Stories: 2
Multi Family
Multi Family Information
  • Total Number of Units: 4
Unit Information
Unit 1
  • Actual Rent: $795.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: 18 month lease
  • Leased: Yes
  • Lease Expires: 08-30-2023 08:00:00 PM
  • Occupant Type: Occupied
  • Total Units: 1
Unit 2
  • Actual Rent: $850.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: 12 month Lease
  • Leased: Yes
  • Lease Expires: 11-21-2023 07:00:00 PM
  • Occupant Type: Occupied
  • Total Units: 1
Unit 3
  • Actual Rent: $875.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: Month To Month Beginning 07/01/2021
  • Leased: Yes
  • Lease Expires: 06-30-2021 08:00:00 PM
  • Occupant Type: Occupied
  • Total Units: 1
Unit 4
  • Actual Rent: $850.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: 18 month Lease
  • Leased: Yes
  • Lease Expires: 06-12-2024 08:00:00 PM
  • Occupant Type: Occupied
  • Total Units: 1
Rental
Rent Information
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Property History for 3006 Riverside Avenue

DateEvent & SourcePriceAppreciation
Dec 1, 2023

Sold

MLS Now #4480728

$290,000
Nov 30, 2023

Sold (Public Record)

Public Record #1523089802

$290,000

+11.3% / yr

Nov 15, 2023

Contract Signed

MLS Now #4480728

DateEvent & SourcePrice
12/01/2023

Sold

MLS Now #4480728

$290,000
11/30/2023

Sold (Public Record)

Public Record #1523089802

$290,000

+11.3% / yr

11/15/2023

Contract Signed

MLS Now #4480728

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

Public Records for 3006 Riverside Avenue

Taxable ValueLand$8,750Additions$60,445Total$69,195
Tax Record2025$7,170 ($597 / month)
Home Facts
Baths4Total Finished SqFt5,424 SqFtAbove Grade Finished SqFt5,424 SqFtStories2Lot Size7,130 SqFtStyleMulti-Family Res (5+ Units)Year Built1920Year Renovated1952ZoningMF-2CountyCUYAHOGAAPN015-20-074

Schools near 3006 Riverside Avenue

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

Lincoln West School of Science & Health
Public9 to 12

Lincoln West School Of Global Studies
Public9 to 12

Buhrer
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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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 IIP Management, LLC.

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