Duplex
3241 Kildare Rd · Cleveland Heights, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 2/10 · Minimal
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +14.2/30.0
- 1% rule +5.2/10.0
- Livability +4.5/5.0
- DSCR +4.3/10.0
- Rent growth +3.9/5.0
- ARV discount +3.2/15.0
- Schools +2.8/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$255,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
Location. Location. Location. Wonderful opportunity to own this beautifully updated, high income producing 2 family home located close to schools, parks, shopping, and all the entertainment that Cleveland Heights offers. The First floor unit offers 2 bedrooms with a spacious living room and dining room. The second unit offers 2 bedrooms with an amazing bonus room/loft area on the third floor. Ample closet space in each unit. Front porch and a balcony to enjoy spring and summer days. There is also a detached 2-car garage with spaces for each unit. Laundry is in the basement, a shared space where there are separate washer and dryer hookups for each unit. Updates include flooring, paint, gutters, electrical panels, hot water tanks, and much more! Currently generating $2,559.00 a month in rent. Will be sold with a clean POS from Cleveland Heights. A home warranty is included for buyer peace of mind. Call for your private tour! Don’t miss this opportunity, this property will go fast As a courtesy to the current tenants living in the duplex please provide 24 hours notice before viewing the unit. All offers must come with pre-approval letter in order to be considered if you are using financing instead of cash.
Key facts
- New furnace
- Upper unit rented
- Lower unit vacant
Tags
Property features AI
Finance
- Other: One building on the parcel
- Financial info: One unit reports actual rent of $1,300 monthly; that unit's lease expires May 30, 2026; Both units indicated as leased
Exterior
- Parking: Detached garage; 2 garage spaces
- Utilities: Public water; Public sewer
- Home design: 2-story multifamily building
- Construction: Frame construction; Asphalt and fiberglass roof
- Exterior features: Public water; Public sewer; Lot recorded as approximately 0.1436 acres; Above-grade finished area reported as 2,026
Interior
- Bedrooms: Two 2-bedroom units (both units leased)
- Bathrooms: Two full bathrooms (one in each unit)
- Heating & cooling: Forced air heating
- Interior features: Unfinished basement; 11 total rooms
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1.0-bath units multifamily listed at $255k.
Deal economics
- At list price, monthly cash flow is $41 ($498/yr) — positive. Per door: $21/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $255k).
- Recommended offer: $247k (3.0% below list) — sets the bar for market timing.
- Cap rate 6.5% vs local median 4.3% in Cleveland Heights — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 89/100 on livability (#12 in OH, #124 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+.
- Cleveland Heights-University Heights City (suburban): math 23% / reading 41% proficiency, ranked #568 of 656 in OH (top 87%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Cleveland Heights High School (math 12% / reading 46%, grade F, #627 of 781 statewide, top 81%, 1,664 students, 0% FRL) — zoned schools average 0% FRL vs 64% district-wide (64 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising fast (+5.7%/yr); 257 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
- This rent runs 40% of the median local income ($78k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Cuyahoga County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- It's been on market 51 days — a 3% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
- 15 sale attempts since 9y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: property tax is 2.7% of price; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.02% ✓
- Cap rate
- 6.49%
- Cash-on-cash
- 0.70%
- DSCR
- 1.03
- GRM
- 8.2
CMA / ARV
- ARV (on-the-fly)
- $232,990
- Comps found
- 10
Show comp detail 10 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3474 Raymont Blvd | 0.41mi | 4/2.0 | 2,126 (+5%) | 2mo | $184,500 | $87 | 71 |
| 3158 Kensington Rd | 0.30mi | 5/3.0 (+1) | 2,098 (+4%) | 10mo | $264,000 | $126 | 63 |
| 13545 Cedar Rd | 0.54mi | 4/2.0 | 2,134 (+5%) | 15mo | $210,000 | $98 | 54 |
| 13641 Cedar Rd | 0.72mi | 4/2.0 | 2,072 (+2%) | 11mo | $238,000 | $115 | 54 |
| 3406 Altamont Ave | 0.75mi | 4/2.0 | 2,089 (+3%) | 15mo | $186,000 | $89 | 48 |
| 13574 Cedar Rd | 0.59mi | 4/2.0 | 2,210 (+9%) | 12mo | $265,500 | $120 | 47 |
| 13614 Cedar Rd | 0.66mi | 4/2.0 | 2,164 (+7%) | 13mo | $291,500 | $135 | 47 |
| 13601 Cedar Rd | 0.64mi | 4/2.0 | 2,204 (+9%) | 22mo | $200,000 | $91 | 38 |
| 13582 Cedar Rd | 0.60mi | 4/2.5 | 2,228 (+10%) | 22mo | $220,000 | $99 | 35 |
| 13645 Cedar Rd | 0.73mi | 4/2.0 | 2,218 (+10%) | 21mo | $262,000 | $118 | 33 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.7% rent growth · sell at horizon
- IRR
- -11.7%
- Equity multiple
- 0.56×
- Total profit
- $-31,236
- Equity at exit
- $38,021
- IRR
- 1.5%
- Equity multiple
- 1.12×
- Total profit
- $8,433
- Equity at exit
- $22,048
Cash invested: $71,400 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 73 Landlord-Friendly
- State Ohio
- 73 Landlord-Friendly · R+6
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 44118
- Rents YoY
- 5.7%
- Active inventory
- 257
- Price-to-rent
- 16.4×
Monthly cashflow live
- Estimated rent
- $2,599 high interval (Pro) →
- Mortgage (P&I)
- −$1,337
- Tax from tax record
- −$568 /mo · $6,819/yr
- Insurance
- −$106
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$546
- Net cashflow
- $41
Break-even live
Sensitivity live
| Price | -10% $186 | -5% $114 | +0% $41 | +5% $-31 | +10% $-103 |
|---|---|---|---|---|---|
| Rent | -10% $-164 | -5% $-61 | +0% $41 | +5% $144 | +10% $247 |
| Rate | -1.0pp $170 | -0.5pp $106 | base $41 | +0.5pp $-25 | +1.0pp $-92 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $2,600 |
| #1 | 2 | 1 | $1,300 |
| #2 | 2 | 1 | $1,300 |
| Total (2 units) | $2,599 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $63,750
- Closing costs
- $7,650
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 29 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 13108 Cedar Rd Unit 13108 Cleveland Heights, OH | 4.0 | 2.0 | 2116 | $1,450 | $0.69 | 25d | 1 | 0.27mi |
| 13108 Cedar Rd Cleveland, OH | 4.0 | 2.0 | 2116 | $1,500 | $0.71 | 25d | 1 | 0.27mi |
| 3300 Dellwood Rd Cleveland, OH | 3.0 | 1.0 | 1560 | $1,585 | $1.02 | 16d | 1 | 0.36mi |
| 2100 Cottage Grove Dr Cleveland Heights, OH | 4.0 | 1.5 | 1450 | $1,495 | $1.03 | 9d | 1 | 0.39mi |
| 3065 E Derbyshire Rd Cleveland Heights, OH | 4.0 | 1.0 | 1450 | $1,495 | $1.03 | 23d | 1 | 0.39mi |
| 3062 E Derbyshire Rd Cleveland, OH | 3.0 | 1.0 | 1650 | $3,000 | $1.82 | 25d | 1 | 0.39mi |
| 3428 Superior Park Dr Cleveland Heights, OH | 3.0 | 2.0 | 1704 | $1,325 | $0.78 | 23d | 1 | 0.51mi |
| 12908 Cedar Rd Cleveland, OH | 5.0 | 1.5 | 1650 | $2,600 | $1.58 | 22d | 1 | 0.65mi |
| 1796 Cumberland Rd Cleveland Heights, OH | 4.0 | 2.5 | 2100 | $1,800 | $0.86 | 19d | 1 | 0.69mi |
| 3355 Desota Ave Cleveland, OH | 5.0 | 2.0 | 2540 | $2,031 | $0.80 | 9d | 1 | 0.70mi |
| 3621 Silsby Rd Unit 1496056P University Heights, OH | 4.0 | 2.5 | 1603 | $7,927 | $4.95 | 5d | 1 | 0.71mi |
| 3230 Euclid Heights Blvd Unit NA Cleveland Heights, OH | 4.0 | 1.0 | 1705 | $2,270 | $1.33 | 25d | 1 | 0.75mi |
| 3411 Beechwood Ave Unit 2nd floor Cleveland Heights, OH | 3.0 | 1.0 | 1452 | $1,687 | $1.16 | 6d | 1 | 0.85mi |
| 2819 E Derbyshire Rd Unit 2nd Floor Cleveland Heights, OH | 3.0 | 1.0 | 1400 | $1,500 | $1.07 | 25d | 1 | 0.86mi |
| 2075 Coventry Rd Unit 2 Cleveland Heights, OH | 3.0 | 1.0 | 1443 | $1,695 | $1.17 | 5d | 1 | 0.87mi |
| 2267 Edgerton Rd University Heights, OH | 3.0 | 1.5 | 1958 | $1,750 | $0.89 | 18d | 1 | 0.95mi |
| 3699 Bainbridge Rd Cleveland, OH | 3.0 | 1.5 | 1866 | $1,900 | $1.02 | 18d | 1 | 1.01mi |
| 3201 Whitethorn Rd Unit 3203 Cleveland Heights, OH | 5.0 | 1.5 | 1485 | $1,725 | $1.16 | 25d | 1 | 1.06mi |
| 3829 Washington Blvd University Heights, OH | 3.0 | 1.0 | 1577 | $2,250 | $1.43 | 18d | 1 | 1.07mi |
| 3824 E Antisdale Rd Cleveland, OH | 3.0 | 1.0 | 1903 | $1,650 | $0.87 | 18d | 1 | 1.11mi |
| 2729 Euclid Heights Blvd Apt 4 Cleveland, OH | 3.0 | 1.0 | 1400 | $1,500 | $1.07 | 25d | 1 | 1.11mi |
| 14172 Superior Rd Unit 1 Cleveland Heights, OH | 3.0 | 1.0 | 1446 | $1,295 | $0.90 | 25d | 1 | 1.18mi |
| 1633 Eddington Rd Unit 1 Cleveland Heights, OH | 3.0 | 1.0 | 1538 | $1,100 | $0.72 | 25d | 1 | 1.19mi |
| 3895 Colony Rd Cleveland, OH | 3.0 | 2.0 | 1800 | $1,700 | $0.94 | 18d | 1 | 1.22mi |
| 3921 Bushnell Rd Cleveland, OH | 3.0 | 2.0 | 2175 | $2,400 | $1.10 | 21d | 1 | 1.26mi |
| 2827 Avondale Ave Apt 2 Cleveland Heights, OH | 3.0 | 1.0 | 1680 | $1,275 | $0.76 | 25d | 1 | 1.29mi |
| 1641 Coventry Rd Cleveland, OH | 3.0 | 1.0 | 1848 | $1,200 | $0.65 | 18d | 1 | 1.30mi |
| 2580 Overlook Rd Cleveland, OH | 3.0 | 1.0–2.0 | 1125 | $1,880 | $1.67 | 0d | 13 | 1.35mi |
| 4023 Okalona Rd Cleveland, OH | 3.0 | 1.5 | 1400 | $2,500 | $1.79 | 46d | 1 | 1.45mi |
Listing history 50 events
-
2026-06-21days on market $255,000 Active 51 DOM
-
2026-06-18days on market $255,000 Active 48 DOM
-
2026-06-17days on market $255,000 Active 47 DOM
-
2026-06-16days on market $255,000 Active 46 DOM
-
2026-06-15days on market $255,000 Active 45 DOM
-
2026-06-13days on market $255,000 Active 43 DOM
-
2026-06-09days on market $255,000 Active 39 DOM
-
2026-06-08days on market $255,000 Active 38 DOM
-
2026-06-07days on market $255,000 Active 37 DOM
-
2026-06-05days on market $255,000 Active 34 DOM
-
2026-06-03days on market $255,000 Active 33 DOM
-
2026-06-02pricedays on market $255,000 Active 32 DOM
-
2026-06-01days on market $260,000 Active 31 DOM
-
2026-05-31days on market $260,000 Active 30 DOM
-
2026-04-30$260,000 Active
-
2026-03-14historical $1,250
-
2026-03-13$1,250
-
2026-02-24historical $1,250
-
2026-02-13price $1,250
-
2026-01-20$1,300
-
2025-05-10historical $1,300
-
2025-05-05$1,300
-
2025-05-05historical $1,300
-
2025-05-01historical $1,300
-
2025-05-01$1,300
-
2025-04-24$1,300
-
2023-08-22soldstatus $229,995
-
2023-08-08soldstatus $229,995 Closed 1230-char remark
Show marketing remark (1230 chars)
Location. Location. Location. Wonderful opportunity to own this beautifully updated, high income producing 2 family home located close to schools, parks, shopping, and all the entertainment that Cleveland Heights offers. The First floor unit offers 2 bedrooms with a spacious living room and dining room. The second unit offers 2 bedrooms with an amazing bonus room/loft area on the third floor. Ample closet space in each unit. Front porch and a balcony to enjoy spring and summer days. There is also a detached 2-car garage with spaces for each unit. Laundry is in the basement, a shared space where there are separate washer and dryer hookups for each unit. Updates include flooring, paint, gutters, electrical panels, hot water tanks, and much more! Currently generating $2,559.00 a month in rent. Will be sold with a clean POS from Cleveland Heights. A home warranty is included for buyer peace of mind. Call for your private tour! Don’t miss this opportunity, this property will go fast As a courtesy to the current tenants living in the duplex please provide 24 hours notice before viewing the unit. All offers must come with pre-approval letter in order to be considered if you are using financing instead of cash.
-
2023-06-16historical Contingent 1230-char remark
Show marketing remark (1230 chars)
Location. Location. Location. Wonderful opportunity to own this beautifully updated, high income producing 2 family home located close to schools, parks, shopping, and all the entertainment that Cleveland Heights offers. The First floor unit offers 2 bedrooms with a spacious living room and dining room. The second unit offers 2 bedrooms with an amazing bonus room/loft area on the third floor. Ample closet space in each unit. Front porch and a balcony to enjoy spring and summer days. There is also a detached 2-car garage with spaces for each unit. Laundry is in the basement, a shared space where there are separate washer and dryer hookups for each unit. Updates include flooring, paint, gutters, electrical panels, hot water tanks, and much more! Currently generating $2,559.00 a month in rent. Will be sold with a clean POS from Cleveland Heights. A home warranty is included for buyer peace of mind. Call for your private tour! Don’t miss this opportunity, this property will go fast As a courtesy to the current tenants living in the duplex please provide 24 hours notice before viewing the unit. All offers must come with pre-approval letter in order to be considered if you are using financing instead of cash.
-
2023-06-10status Active 1230-char remark
Show marketing remark (1230 chars)
Location. Location. Location. Wonderful opportunity to own this beautifully updated, high income producing 2 family home located close to schools, parks, shopping, and all the entertainment that Cleveland Heights offers. The First floor unit offers 2 bedrooms with a spacious living room and dining room. The second unit offers 2 bedrooms with an amazing bonus room/loft area on the third floor. Ample closet space in each unit. Front porch and a balcony to enjoy spring and summer days. There is also a detached 2-car garage with spaces for each unit. Laundry is in the basement, a shared space where there are separate washer and dryer hookups for each unit. Updates include flooring, paint, gutters, electrical panels, hot water tanks, and much more! Currently generating $2,559.00 a month in rent. Will be sold with a clean POS from Cleveland Heights. A home warranty is included for buyer peace of mind. Call for your private tour! Don’t miss this opportunity, this property will go fast As a courtesy to the current tenants living in the duplex please provide 24 hours notice before viewing the unit. All offers must come with pre-approval letter in order to be considered if you are using financing instead of cash.
-
2023-06-02historical Contingent 1230-char remark
Show marketing remark (1230 chars)
Location. Location. Location. Wonderful opportunity to own this beautifully updated, high income producing 2 family home located close to schools, parks, shopping, and all the entertainment that Cleveland Heights offers. The First floor unit offers 2 bedrooms with a spacious living room and dining room. The second unit offers 2 bedrooms with an amazing bonus room/loft area on the third floor. Ample closet space in each unit. Front porch and a balcony to enjoy spring and summer days. There is also a detached 2-car garage with spaces for each unit. Laundry is in the basement, a shared space where there are separate washer and dryer hookups for each unit. Updates include flooring, paint, gutters, electrical panels, hot water tanks, and much more! Currently generating $2,559.00 a month in rent. Will be sold with a clean POS from Cleveland Heights. A home warranty is included for buyer peace of mind. Call for your private tour! Don’t miss this opportunity, this property will go fast As a courtesy to the current tenants living in the duplex please provide 24 hours notice before viewing the unit. All offers must come with pre-approval letter in order to be considered if you are using financing instead of cash.
-
2023-05-30$229,995 Active 1230-char remark
Show marketing remark (1230 chars)
Location. Location. Location. Wonderful opportunity to own this beautifully updated, high income producing 2 family home located close to schools, parks, shopping, and all the entertainment that Cleveland Heights offers. The First floor unit offers 2 bedrooms with a spacious living room and dining room. The second unit offers 2 bedrooms with an amazing bonus room/loft area on the third floor. Ample closet space in each unit. Front porch and a balcony to enjoy spring and summer days. There is also a detached 2-car garage with spaces for each unit. Laundry is in the basement, a shared space where there are separate washer and dryer hookups for each unit. Updates include flooring, paint, gutters, electrical panels, hot water tanks, and much more! Currently generating $2,559.00 a month in rent. Will be sold with a clean POS from Cleveland Heights. A home warranty is included for buyer peace of mind. Call for your private tour! Don’t miss this opportunity, this property will go fast As a courtesy to the current tenants living in the duplex please provide 24 hours notice before viewing the unit. All offers must come with pre-approval letter in order to be considered if you are using financing instead of cash.
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2023-04-11status Pending
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2023-04-11historical
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2023-04-06$224,900 Active
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2023-02-05status Pending
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2023-02-04historical
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2023-01-26status Active
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2023-01-16historical Contingent
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2022-12-02price $224,900
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2022-11-01$239,900 Active
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2019-07-22historical
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2019-07-22$179,900
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2017-11-08soldstatus $18,000
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2017-09-16historical
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2017-09-05price $63,000
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2017-08-28status Active
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2017-08-24historical
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2017-08-23status Active
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2017-07-25historical Contingent
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast OH · Partial reset (capped growth)
- Current annual tax
- $6,819 · $568/mo
- Projected year-2 tax
- $6,819 · $568/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥95°F today · 17 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,188
- − Mortgage interest
- −$14,284
- − Property taxes
- −$6,819
- − Insurance
- −$1,275
- − Repairs & maintenance
- −$2,495
- − Management
- −$2,495
- − Depreciation
- −$7,418
- Taxable loss
- −$3,598
- Est. tax savings @ 24.0%
- +$864
- After-tax cash flow
- $1,361/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Cleveland Heights-University Heights City
- NCES district ID
- 3904379
- Math proficiency
- 23% ▼ -22.00%
- Reading proficiency
- 41% ▼ -12.00%
- Median HH income
- $53,451
- Composite
- 28.12/100
- National rank
- #6822
- State rank
- #568 of 656 in OH
Livability — Cleveland Heights
- Score
- 89/100
- State rank
- #12
- US rank
- #124
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Cleveland Heights, OH
- County
- Cuyahoga County · 1,090,369 people
- City population
- 32,312
- Metro
- Cleveland-Elyria, OH
- Population (ZIP)
- 40,715
- Household income
- $77,555
- Rent vs Own
- Severe rent burden
- 1847.0
Population outlook (Cuyahoga County) Hauer SSP2
- Today (2025)
- 1,244,621 people
- By 2030
- 1,230,093 · -1.2%
- By 2040
- 1,189,108 · -4.5%
- By 2050
- 1,145,706 · -7.9%
- By 2075
- 1,076,557 · -13.5%
- By 2100
- 978,987 · -21.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 57% Black 33% Two or more races 4% Asian 3% Hispanic / Latino 2%
- Common ancestry
- Romanian 4% Scotch-Irish 2% Italian 2%
- Foreign-born
- 6% · Canada, China
- Languages at home
- 92% English-only · Spanish 2% Russian/Polish/Slavic 1% Other Indo-European 1%
Political lean MEDSL · Cuyahoga
- 2024 margin
- Solid D (+31.5) · D 65.4% · R 33.9%
- 2008→2024 swing
- -7.4pp toward R · 2008: 38.9pp · 2024: 31.5pp
- All cycles
- 2024: D+31.5 2020: D+34.1 2016: D+35.0 2012: D+38.7 2008: D+38.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -319.62%
- Current HPI
- 204.5504
- Rent YoY
- ▲ 5.70%
- Metro
- Cleveland-Elyria, OH
- State GDP YoY
- ▲ 1.98%
- F500 in state
- 48
Industry mix (Fortune 500 HQ in OH)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Insurance | 3 | $145B |
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| Industrial Machinery | 3 | $49B |
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| Financial Services | 3 | $24B |
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| Consumer Goods | 2 | $93B |
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| Aerospace / Defense | 2 | $47B |
|
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| Utilities | 2 | $33B |
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Price history
+454.4% since first listed39 events — show timeline
- 2026-04-30 Listed $260,000 MLSNOW
- 2026-03-14 Rental Removed $1,250 SHOWMOJO
- 2026-03-13 Listed for Rent $1,250 SHOWMOJO
- 2026-02-24 Rental Removed $1,250 SHOWMOJO
- 2026-02-13 Price Changed $1,250 SHOWMOJO
- 2026-01-20 Listed for Rent $1,300 SHOWMOJO
- 2025-05-10 Rental Removed $1,300 SHOWMOJO
- 2025-05-05 Listed for Rent $1,300 SHOWMOJO
- 2025-05-05 Rental Removed $1,300 SHOWMOJO2
- 2025-05-01 Rental Removed $1,300 SHOWMOJO
- 2025-05-01 Listed for Rent $1,300 SHOWMOJO2
- 2025-04-24 Listed for Rent $1,300 SHOWMOJO
- 2023-08-22 Sold (Public Records) $229,995 Public Records
- 2023-08-08 Sold (MLS) $229,995 MLSNOW
- 2023-06-16 Contingent — MLSNOW
- 2023-06-10 Relisted — MLSNOW
- 2023-06-02 Contingent — MLSNOW
- 2023-05-30 Listed $229,995 MLSNOW
- 2023-04-11 Pending — MLSNOW
- 2023-04-11 Listing Removed — MLSNOW
- 2023-04-06 Listed $224,900 MLSNOW
- 2023-02-05 Pending — MLSNOW
- 2023-02-04 Listing Removed — MLSNOW
- 2023-01-26 Relisted — MLSNOW
- 2023-01-16 Contingent — MLSNOW
- 2022-12-02 Price Changed $224,900 MLSNOW
- 2022-11-01 Listed $239,900 MLSNOW
- 2019-07-22 Listed $179,900 MLSNOW
- 2019-07-22 Listing Removed — MLSNOW
- 2017-11-08 Sold (Public Records) $18,000 Public Records
- 2017-09-16 Listing Removed — MLSNOW
- 2017-09-05 Price Changed $63,000 MLSNOW
- 2017-08-28 Relisted — MLSNOW
- 2017-08-24 Listing Removed — MLSNOW
- 2017-08-23 Relisted — MLSNOW
- 2017-07-25 Contingent — MLSNOW
- 2017-07-15 Listed $70,000 MLSNOW
- 1980-07-14 Sold (Public Records) $46,900 Public Records
- 1980-07-14 Sold (Public Records) $46,900 Public Records
Property tax history
+4.3%/yrLatest (2025): $6,819 · -2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…