#5090918, Matthew P Klein, Listing Office: Walnut Creek Realty, LLC.
11317 Florian Ave Cleveland, OH 44111
Property details
About 11317 Florian Ave
Seize this hassle-free, income-generating investment opportunity! This turn-key duplex, features two 2-bedroom, 1-bathroom units, generating $2,000 per month in rental income. This well-maintained, income-producing property offers immediate cash flow and low-maintenance ownership, making it an ideal addition to any portfolio. Both units boast spacious layouts, updated mechanicals, cosmetic updates, and durable flooring, ensuring tenant satisfaction and long-term occupancy. This duplex is part of a larger 6-property, 8-unit portfolio boasting a gross income of $97,800 annually and a strong 11% CAP rate, making it an ideal purchase for investors looking to scale quickly with tenanted, cash-flowing assets.Whether you're looking to acquire a single rental or expand your holdings with a cash-flowing portfolio, this is a rare chance to secure stable, high-yield assets. Contact the listing agent today for more details on this property and the full portfolio!
Highlights
Summary
- MLS Number: 5104296
- MLS Name: NOWDD
- Office Name: Berkshire Hathaway HomeServices Professional Realty
- Office Phone: (440) 503-0222
- Office Email: stephsnavelyrealtor@gmail.com
- Listing Agent: Stephanie A Snavely
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Last updated on: 3/14/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$149,000
11317 Florian Ave
$1,769
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 25, 2020 | Home Sold | $59,900 |
Feb 16, 2018 | Home Sold | $58,333 |
Apr 12, 2010 | Home Sold | $12,000 |
Apr 30, 2008 | Home Sold | $42,000 |
Dec 15, 2000 | Home Sold | $99,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $20,970 | $1,625 |
2022 | $20,970 | $1,697 |
2021 | $20,970 | $1,601 |
2020 | $22,720 | $2,006 |
2019 | $22,720 | $1,858 |
2018 | $22,720 | $1,852 |
2017 | $19,710 | $1,666 |
History based on county public records data.
Nearby schools
5
Global Ambassadors Language Academy
Public Charter KG-5
1.0 mi
•13442 Lorain Ave
7
Harrison Elementary School
Public District PK-5
1.2 mi
•2080 Quail St
5
Louisa May Alcott Elementary School
Public District KG-5
1.7 mi
•10308 Baltic Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,190. The most common annual income of people living in Cleveland, OH is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 11317 Florian Ave in Cleveland, OH and zip code 44111 in the Dunham Heights neighborhood. This 2,065 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $149,000.
While more than 152 listings in Cleveland, OH in February 2025 were sold above asking price, there were more than 83 listings sold at asking price, and more than 274 were sold below. Between January and February 2025, Cleveland, OH real estate market has seen increase in the number of listings by 0.7%. While the average time on the market in February 2025 was 52 days, the median list price was $170,020.