#5083473, Alexander Vinokur, Listing Office: Realty Now, Inc.
$2,672
closing credit¹
3770 Mayfield Rd Cleveland Heights, OH 44121
Property details
About 3770 Mayfield Rd
This fully rented triplex is currently operating as a 2-family duplex but can easily be converted back to a 3-unit property. It generates a total of $2,780 per month in rental income, with the upper unit bringing in $1,490 and the lower unit at $1,290. The property offers 7 bedrooms, 3 in the lower unit, 3 in the middle unit, and 1 in the top unit providing ample space for tenants. This is a turn-key investment opportunity! Recent improvements include a new garage door (2024), new hot water tank (2023), fresh paint in the second-floor unit (2024), side roof repair (2024), new plumbing in the basement (2023), and a new roof (2021). The property is equipped with two separate meters for gas and electric, and both units have recently passed CMHA inspections. This is a great opportunity for an investor to start earning immediately in a desirable neighborhood. Buyer to assume POS. Act fast this one won't last long!
Highlights
Summary
- MLS Number: 5092761
- MLS Name: NOWDD
- Office Name: Berkshire Hathaway HomeServices Professional Realty
- Office Phone: (216) 406-9109
- Office Email: tpsonn@gmail.com
- Listing Agent: Tzipora Sonnenschein
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Last updated on: 2/11/2025, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of home](/homes/listing-images/48730037_S0453/S0453/S0453-R0100/1101063103/2003725161056.jpg?version=1736190160&width=640)
$225,000
3770 Mayfield Rd
$2,672
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 06, 2022 | Home Sold | $195,000 |
Feb 22, 2018 | Home Sold | $124,000 |
Jul 29, 2010 | Home Sold | $14,000 |
Jul 27, 2009 | Home Sold | $26,667 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $33,710 | $3,676 |
2022 | $33,710 | $5,687 |
2021 | $33,710 | $3,971 |
2020 | $30,350 | $3,569 |
2019 | $30,350 | $4,114 |
History based on county public records data.
Nearby schools
5
Noble Elementary School
Public District KG-5
0.4 mi
•1293 Ardoon St
4
Oxford Elementary School
Public District KG-5
1.0 mi
•939 Quilliams Rd
5
Adrian Elementary School
Public District KG-3
1.2 mi
•1071 Homestead 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 $25,000. The most common annual income of people living in Cleveland Heights, OH is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 3770 Mayfield Rd in Cleveland Heights, OH and zip code 44121. This 4,241 square foot home, which was built in 1923, sits on a 0.16 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $225,000.
In January 2025, from all listings sold in Cleveland Heights, OH there were more than 7 sold above asking price, over 26 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Cleveland Heights, OH between December and January 2025 decreased by 6%. In January 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $212,928.