#5072462, Jermaine N Brooks, Listing Office: Keller Williams Greater Metropolitan
18024 Olympia Rd Cleveland, OH 44112
Property details
About 18024 Olympia Rd
Welcome to 18024 Olympia Road, Cleveland, OH 44112, a fantastic triplex that presents an incredible investment opportunity. This property features five bedrooms and three full bathrooms spread across three units, offering great rental income potential. The first-floor unit is currently rented for $1,000 per month, providing immediate cash flow. The second-floor unit, which is currently occupied will be vacant by the end of the month, has the potential to rent for $1,000 per month, while the third-floor unit (which will be vacant by the end of the month) could generate an additional $600 per month in rental income. Though the triplex requires some maintenance to restore it to its full potential, it holds the promise of becoming a true cash cow. With all three units occupied, this property could yield a gross rental income of $2,600 per month. Whether you’re a seasoned investor or just starting to build your portfolio, this triplex offers a unique opportunity to maximize your return. Don’t miss out on this chance to own a multi-unit property in a desirable location. Schedule your showing today and unlock the potential of 18024 Olympia Road!
Highlights
(Pending)
Summary
- MLS Number: 5095194
- MLS Name: NOWDD
- Office Name: Real Estate Quest, Inc.
- Office Email: rebroker216@gmail.com
- Listing Agent: Alex V Johnson
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Last updated on: 3/15/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$119,900
18024 Olympia Rd
$1,424
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 28, 2023 | Home Sold | $110,000 |
Feb 23, 2021 | Home Sold | $30,000 |
Feb 25, 2020 | Home Sold | $34,000 |
Dec 03, 2019 | Home Sold | $13,658 |
Oct 01, 2013 | Home Sold | $39,125 |
Aug 21, 2013 | Home Sold | $14,500 |
Aug 07, 2013 | Home Sold | $14,500 |
Aug 01, 2005 | Home Sold | $95,000 |
Aug 23, 2001 | Home Sold | $92,500 |
Dec 20, 2000 | Home Sold | $61,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $15,690 | $1,216 |
2022 | $15,690 | $1,209 |
2021 | $15,680 | $1,198 |
2020 | $13,060 | $1,153 |
2019 | $13,060 | $1,570 |
2018 | $13,060 | $1,342 |
2017 | $12,920 | $1,923 |
History based on county public records data.
Nearby schools
4
Oxford Elementary School
Public District KG-5
1.6 mi
•939 Quilliams Rd
4
Bella Academy of Excellence
Public Charter KG-6
1.8 mi
•19114 Bella Dr
6
Chardon Hills STEM School
Public District 1-5
2.1 mi
•1455 E 260th St
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 $46,424. The majority of Cleveland, OH residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 18024 Olympia Rd in Cleveland, OH and zip code 44112 in the Euclid-Green neighborhood. This 1,960 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $119,900.
In February 2025 more than 152 listings in Cleveland, OH were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 274 were sold below. The number of listings in Cleveland, OH increased by 0.7% between January and February 2025. In February 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $170,020.