Last Sold Price
4 beds2,500 sqft$53/sqft
4016 Riverside Avenue, Cleveland, OH 44109

Description

Turnkey cash-flow duplex with professional management in place. $1575/mo gross rents, separately-metered utilities, owner pays only water/sewer/trash. Up 3-bedroom is huge, encompassing the 2nd and 3rd floors, 3 bed/1 bath, $900/mo. Down has a long-term tenant (over 10 years), 1 bed/1 bath, $675/mo. Many updates including: 2 newer furnaces (about 3 years old), upgraded electric panels, waterproofed basement, new kitchen downstairs with granite counters and cherry cabinets ('23), both baths and up...Turnkey cash-flow duplex with professional management in place. $1575/mo gross rents, separately-metered utilities, owner pays only water/sewer/trash. Up 3-bedroom is huge, encompassing the 2nd and 3rd floors, 3 bed/1 bath, $900/mo. Down has a long-term tenant (over 10 years), 1 bed/1 bath, $675/mo. Many updates including: 2 newer furnaces (about 3 years old), upgraded electric panels, waterproofed basement, new kitchen downstairs with granite counters and cherry cabinets ('23), both baths and up kitchen remodeled about 5 years ago. Roof was replaced about 12 years ago. Other features: lots of off-street parking in the driveway, huge front porch, great view of Downtown Cleveland from the 3rd floor, aluminum siding, vinyl windows. Conveniently located near shopping, schools, freeway access, and just minutes to Downtown and the Airport. Agent owned.
LISTING CLOSED: 03/27/2024 12:00 AM

  1. Listed by Michael A Ferrante • Century 21 Homestar
    P: (216) 373-7727 C: (216) 373-7727 info@21mike.com

Property Details for 4016 Riverside Avenue

Status
MLS #
5018812
Days on Market
4
Taxes
$1,437 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex
Year Built
1904
Lot Size
0.11 AC / 4,791 SF
View
City
Has View
Yes
Has Waterfront
No

Recent comparable sales

Median sold price

$139,000

Avg days on market

43

Sale-to-list ratio

91.6%

Cleveland, OH

9 comparable properties found

$140,000 | 3232 Marvin Avenue, Cleveland, OH 44109
1/42
1

$140,000

Sold 10/24/25

4
Bedrooms
2,402
Square Feet
0.11
Acres
$120,000 | 3921 Sackett Avenue, Cleveland, OH 44109
1/46
2

$120,000

Sold 04/24/26

4
Bedrooms
2,594
Square Feet
0.10
Acres
$146,000 | 3295 West 46th Street, Cleveland, OH 44102
1/36
3

$146,000

Sold 07/31/26

4
Bedrooms
2,298
Square Feet
0.38
Acres
$112,500 | 4205 Trowbridge Avenue, Cleveland, OH 44109
1/16
4

$112,500

Sold 06/22/26

4
Bedrooms
2,437
Square Feet
0.11
Acres
$155,000 | 3001 Bradwell Avenue, Cleveland, OH 44109
1/15
5

$155,000

Sold 03/24/25

4
Bedrooms
2,732
Square Feet
0.11
Acres
$130,500 | 3336 West 54th Street, Cleveland, OH 44102
1/30
6

$130,500

Sold 05/27/26

4
Bedrooms
2,165
Square Feet
0.11
Acres
$111,000 | 2118 Denison Avenue, Cleveland, OH 44109
1/29
7

$111,000

Sold 07/30/25

4
Bedrooms
2,290
Square Feet
0.14
Acres
$139,000 | 4004 Carlyle Avenue, Cleveland, OH 44109
1/42
8

$139,000

Sold 10/21/24

4
Bedrooms
2,852
Square Feet
0.12
Acres
$145,000 | 3064 West 47th Street, Cleveland, OH 44102
1/16
9

$145,000

Sold 03/12/25

4
Bedrooms
2,264
Square Feet
0.11
Acres

Location

Listing Courtesy of Century 21 Homestar

Sold By Keller Williams Chervenic Rlty

Add your commute

Building Information for 4016 Riverside Avenue

Stories2Residences-Year Built1904Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$798 per month

30 year fixed, 6.55% Interest

Principal and Interest

$679

Property Taxes

$120

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4016 Riverside Avenue

Summary
Location and General Information
  • Directions: Off Pearl/W 25 just north of Denison
  • Latitude: 41.455375
  • Longitude: -81.712425
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 015-17-119
  • Tax Annual Amount: $1,437.00
  • Tax Year: 2022
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 Spaces: 0.0
  • Carport: No
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: Driveway, On Street
Property
Lot Information
  • Direction Faces: South
  • Lot Features: Cul De Sac
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2500.0
  • Above Grade Finished Area Source: Owner
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Owner
  • Living Area: 2500.0
  • Living Area Units: Square Feet
  • Year Built: 1904
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Aluminum Siding
  • Levels: Three Or More, Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 4
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Interior Features: Ceiling Fans
  • Laundry Features: In Basement
  • Main Level Bathrooms: 0
  • Total Rooms: 9
Exterior Features
  • Community Features: Medical Service, Playground, Park, Shopping
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $1,575.00
Unit Information
Unit 1
  • Actual Rent: $675.00
  • Area: 946.0
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: 1 bedroom
  • Leased: Yes
  • Lease Expires: 07-30-2024 08:00:00 PM
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 2
  • Actual Rent: $900.00
  • Area: 1554.0
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Description: 3 bedroom
  • Leased: Yes
  • Lease Expires: 09-29-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Property History for 4016 Riverside Avenue

DateEvent & SourcePriceAppreciation
Mar 27, 2024

Sold

MLS Now #5018812

$133,500
Mar 26, 2024

Sold (Public Record)

Public Record #1529565708

$133,500
Feb 23, 2024

Contract Signed

MLS Now #5018812

DateEvent & SourcePrice
03/27/2024

Sold

MLS Now #5018812

$133,500
03/26/2024

Sold (Public Record)

Public Record #1529565708

$133,500
02/23/2024

Contract Signed

MLS Now #5018812

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

Public Records for 4016 Riverside Avenue

Taxable ValueLand$4,515Additions$30,170Total$34,685
Tax Record2025$2,321 ($193 / month)
Home Facts
Baths2Total Finished SqFt1,893 SqFtAbove Grade Finished SqFt1,893 SqFtStories2Lot Size4,760 SqFtStyleMulti-Family Dwelling (2-4)Year Built1904Year Renovated1962Zoning2FCountyCUYAHOGAAPN015-17-119

Schools near 4016 Riverside Avenue

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

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 Century 21 Homestar

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