Sold
Last Sold Price
7 beds3,124 sqft

3435 Altamont Road, Cleveland Heights, OH 44118

Multi FamilyProperty Type
0.12 acresLot Size
1920Year Built
$51/sq ftPrice per sq ft
2 carsParking Spaces

Description

Introducing this large 3-unit, owner-occupied rental property in Cleveland Heights! The unit mix consists of 3-bed/1-bath, 3-bed/1-bath & 1-bed/1-bath on the third floor. The first and second floor units boast beautifully refinished hardwood floors, large living & dining rooms and spacious bedrooms. The top floor is a great space as well that just needs a small amount of cosmetic work to bring it back to its former glory. Both furnaces are in good condition and at least 1 hot water tank has recently...Introducing this large 3-unit, owner-occupied rental property in Cleveland Heights! The unit mix consists of 3-bed/1-bath, 3-bed/1-bath & 1-bed/1-bath on the third floor. The first and second floor units boast beautifully refinished hardwood floors, large living & dining rooms and spacious bedrooms. The top floor is a great space as well that just needs a small amount of cosmetic work to bring it back to its former glory. Both furnaces are in good condition and at least 1 hot water tank has recently been replaced. With a little bit of TLC you can easily achieve $2,850/month in total gross rent ($1,050/month for each of the 3-beds and $750 for the top floor 1-bed) taking you to a strong double-digit cash-on-cash return.
  • Listed by: Tal Tamir 216.870.8687 tal@premierclevelandinvesting.com • Russell Real Estate Services
Listing closed: 11/01/2023 12:00 AM • Source: MLS Now, MLS#: 4467142
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Amenities

  • Basement
  • Common Laundry
  • Detached Parking
  • Formal Dining Room
  • Garage
  • Gas Heat
  • Hardwood Floors
  • Parking Included

Location

Listing Courtesy of Russell Real Estate Services

Sold By Russell Real Estate Services

Add your commute
Payment Calculator

$1,323 per month

30 year fixed, 7.03% Interest

Principal and Interest

$854

Property Taxes

$469

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 3435 Altamont Road

Property Details

  • Taxes: $5,627 / year
  • MLS Type: Residential Income / Triplex

Building Information

  • Stories: 2
  • Residences: 3
  • Year Built: 1920
  • Lot Size: 0.12 AC / 5,227 SF

Summary

Location and General Information
  • Directions: West of Taylor Rd
  • Latitude: 41.511767
  • Longitude: -81.55685
Taxes and HOA
  • Parcel Number: 684-29-096
  • Tax Annual Amount: $5,627.00
School Information
  • Elementary School District: Cleveland Hts-Univer - 1810
  • High School District: Cleveland Hts-Univer - 1810
  • Middle or Junior School District: Cleveland Hts-Univer - 1810
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage, Paved

Property

Lot Information
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 3124.0
  • Above Grade Finished Area Source: Owner
  • Building Area Total: 3124.0
  • Living Area: 3124.0
  • Year Built: 1920
Building Features
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 7
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: Common Area
Exterior Features
  • Roof: Asphalt, Fiberglass
  • Stories: 2

Multi Family

Multi Family Information
  • Total Number of Units: 3

Unit Information

Unit 1
  • Area: 1212.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: No
  • Occupant Type: Vacant
Unit 2
  • Area: 1212.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: No
  • Occupant Type: Vacant
Unit 3
  • Area: 700.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Leased: Yes
  • Occupant Type: Occupied

Property History for 3435 Altamont Road

DateEvent & SourcePriceAppreciation
Nov 1, 2023

Sold

MLS Now #4467142

$160,000—
Oct 31, 2023

Sold (Public Record)

Public Record #1521529261

$160,000

+18.0% / yr

Oct 9, 2023

Contract Signed

MLS Now #4467142

—
DateEvent & SourcePrice
11/01/2023

Sold

MLS Now #4467142

$160,000
10/31/2023

Sold (Public Record)

Public Record #1521529261

$160,000

+18.0% / yr

10/09/2023

Contract Signed

MLS Now #4467142

—

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

Public records

3435 Altamont Road

Baths

2

Total Finished SqFt

2,424 SqFt

Above Grade Finished SqFt

2,424 SqFt

Stories

2

Lot Size

5,600 SqFt

Style

Duplex

Schools near 3435 Altamont Road

This home is within Cleveland Heights-University Heights City.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Boulevard Elementary School
PublicK to 5

Roxboro Middle School
Public6 to 8

Cleveland Heights High School
Public9 to 12

Tiger Virtual Academy
PublicK 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.

Similar Homes

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 Russell Real Estate Services

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Compass and its related brokerages, are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Compass and its related brokerages, does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.