Sold
Last Sold Price
4 beds3,108 sqft

3555 Gridley Road, Shaker Heights, OH 44122

Multi FamilyProperty Type
0.13 acresLot Size
1949Year Built
$98/sq ftPrice per sq ft
2 carsParking Spaces

Description

Attention all investors! This fully occupied triplex in the heart of Shaker Heights is ready to be added to your portfolio. With gross rents at $2,920/mo, this property is well maintained, with many updates and plenty of classic Shaker Heights charm. Features include hardwood floors, updated baths with mosaic-tiled floors, 3-car garage, full basement with secure tenant storage, onsite laundry, separately-metered gas & electric, sun porches, & a slate roof. Updates include: remodeled baths, newer...Attention all investors! This fully occupied triplex in the heart of Shaker Heights is ready to be added to your portfolio. With gross rents at $2,920/mo, this property is well maintained, with many updates and plenty of classic Shaker Heights charm. Features include hardwood floors, updated baths with mosaic-tiled floors, 3-car garage, full basement with secure tenant storage, onsite laundry, separately-metered gas & electric, sun porches, & a slate roof. Updates include: remodeled baths, newer furnaces & hot water tanks, upgraded electric panels. 1st & 2nd floor units are 2 beds, 1.5 baths & include kitchen appliances; 3rd floor is 1 bed/1 bath. no showings without an accepted contract.
  • Listed by: Nathaniel A Hedrick 440.241.0471 nathaniel.hedrick@gmail.com • Berkshire Hathaway HomeServices Professional Realty
Listing closed: 05/22/2024 12:00 AM • Source: MLS Now, MLS#: 5027893
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Recent comparable sales

Median sold price

$320,000

Avg days on market

74

Sale-to-list ratio

92.3%

Shaker Heights, OH

9 comparable properties found

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Sold 05/20/26

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Square Feet
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Acres

Location

Listing Courtesy of Berkshire Hathaway HomeServices Professional Realty

Sold By Berkshire Hathaway HomeServices Professional Realty

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$2,254 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,628

Property Taxes

$626

HOA Dues

$0

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Property Information for 3555 Gridley Road

Property Details

  • Taxes: $7,506 / year
  • MLS Type: Residential Income / Triplex
  • Subdivision Name: Van Sweringen Companys
  • Has Waterfront: No

Building Information

  • Year Built: 1949
  • Lot Size: 0.13 AC / 5,601 SF

Summary

Location and General Information
  • Directions: Between Newell and Sherrington, just south of Chagrin in the Lomond neighborhood
  • Latitude: 41.462902
  • Longitude: -81.5502
  • Township: Shaker Heights
Taxes and HOA
  • Parcel Number: 736-20-118
  • Tax Annual Amount: $7,506.00
  • Tax Legal Description: 54 VAN S#22 1400 ALL
  • Tax Year: 2023
School Information
  • Elementary School District: Shaker Heights CSD - 1827
  • High School District: Shaker Heights CSD - 1827
  • Middle or Junior School District: Shaker Heights CSD - 1827
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage

Property

Lot Information
  • Lot Size Acres: 0.1286
  • Lot Size Area: 0.1286
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 3108.0
  • Above Grade Finished Area Source: Public Records
  • Living Area: 3108.0
  • Living Area Units: Square Feet
  • Year Built: 1949
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Brick
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 4
  • Total Bathrooms Integer: 4
  • Total Bedrooms: 4
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas
  • Has Heating: Yes
  • Total Rooms: 8
Exterior Features
  • Private Pool: No
  • Roof: Slate

Multi Family

Income & Expenses
  • Gross Income: $2,920.00

Unit Information

Unit 1
  • Actual Rent: $625.00
  • Area: 756.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 2
  • Actual Rent: $1,295.00
  • Area: 1176.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $1,000.00
  • Area: 1175.0
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: Two Bedroom

Rental

Rent Information
  • Owner Pays: Grounds Care, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Internet

Property History for 3555 Gridley Road

DateEvent & SourcePriceAppreciation
May 22, 2024

Sold (Public Record)

Public Record #1533523172

$305,000

+6.4% / yr

May 22, 2024

Sold

MLS Now #5027893

$305,000—
Apr 5, 2024

Contract Signed

MLS Now #5027893

—
DateEvent & SourcePrice
05/22/2024

Sold (Public Record)

Public Record #1533523172

$305,000

+6.4% / yr

05/22/2024

Sold

MLS Now #5027893

$305,000
04/05/2024

Contract Signed

MLS Now #5027893

—

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

Public records

3555 Gridley Road

Baths

4

Total Finished SqFt

2,592 SqFt

Above Grade Finished SqFt

2,592 SqFt

Stories

2

Lot Size

5,600 SqFt

Style

Multi-Family Dwelling (2-4)

Schools near 3555 Gridley Road

This home is within Shaker Heights City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lomond Elementary School
PublicK to 5

Woodbury Elementary School
Public5 to 6

Shaker Heights Middle School
Public6 to 8

Shaker Heights High School
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3555 Gridley Road, Shaker Heights, OH 44122
$305,000
4
3,108
5,601
$142,500
8
3,356
7,000
$142,500
–
4
3,356
7,000
$159,750
5
3,177
–
$193,000
5
3,347
6,534
$170,000
6
2,479
5,601

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 Berkshire Hathaway HomeServices Professional Realty

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