#5090095, Genie R Prettyman, Listing Office: Prettyman & Associates
491 E 114th St Cleveland, OH 44108
Property details
About 491 E 114th St
Calling all INVESTORS!! Check out this well-maintained 3-unit property. First floor unit is tenant occupied m2m for $750 and includes two bedrooms and one bath. Second floor unit is vacant and currently marketed for rent iat $900. This also includes two bedrooms and one bath. Third floor efficiency is tenant-occupied m2m for $475. Beautiful hardwood floors throughout with open kitchens that include GRANITE countertops. Large dining rooms with built in cabinets. Low-maintenance vinyl windows. 100-AMP electrical service with updated panels. Vinyl windows. unfinished basement is 1043 Sq ft. All mechanicals are in good working order. GMR should be $2100, well surpassing the 1% Rule. With an annual rental income of around $25,000, you should be able to get at least a 10-CAP.
Highlights
Summary
- MLS Number: 5102845
- MLS Name: NOWDD
- Office Name: Premier Heights Realty LLC
- Office Email: sophie@premierheights.com
- Listing Agent: Joseph Skerbec
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$124,900
491 E 114th St
$1,483
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 06, 2017 | Home Sold | $13,600 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $5,810 | $450 |
2022 | $5,810 | $695 |
2021 | $5,810 | $443 |
2020 | $4,760 | $421 |
2019 | $4,770 | $390 |
2018 | $4,770 | $389 |
2017 | $15,400 | $1,301 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
1.3 mi
•13916 Mayfair Ave
5
Boulevard Elementary School
Public District KG-5
3.0 mi
•1749 Lee Rd
4
Oxford Elementary School
Public District KG-5
3.2 mi
•939 Quilliams 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 $23,738. Typical income of Cleveland, OH residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
This home is located at 491 E 114th St in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 2,363 square foot home, which was built in 1910, sits on a 0.08 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $124,900.
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 inventory of homes for sale in Cleveland, OH between January and February 2025 increased by 0.7%. Listings spent 52 days on the market in February 2025, and had a median list price of $170,020 during the same period.