Welcome to 18316 Newell Rd.

Located around the corner from Van Aken. This duplex has 2 units, first floor is 2 bed, 1 sizeable bath and over 1, 200 sq ft., the second floor unit has five bedrooms, two full bathrooms and over 2, 000 sq ft. Combine d pro-forma rent's are $3, 500/mo.

Live in one unit and rent out the 2nd. Third floor furnce is newer. Remaining have been properly serviced and maintained. One HWT was replaced within the last year. Some newer windows on the first and second unit. Schedule a showing and add this cash flowing property to your portfolio.

Request Information
on 18316 Newell Rd
in Shaker Heights, OH
Presented by Andrei Neculai at
Key Realty.


Property MLS #5039292 from MLSNOW
▶ Virtual Tour

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 6

+ Other Rooms

Total Rooms: 12
Basement Description: Full, Unfinished

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Heating and Cooling

Cooling Features: CentralAir
Heating Features: ForcedAir, HotWater, Steam
Heating: Yes

+ Land Info

Lot Size Acres: 0.1744
Lot Size Source: PublicRecords
Lot Size Square Feet: 7597

+ Garage and Parking

Garage Spaces: 2
Parking Features: Asphalt

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 1

+ School Information

Elementary School District: Shaker Heights CSD - 1827
High School District: Shaker Heights CSD - 1827
Middle or Junior School District: Shaker Heights CSD - 1827
+ Display Complete School Details

Lomond Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions

Shaker Heights High School is a public high school located approximately 1.1 miles away.
Map directions

Shaker Heights Middle School is a public middle school located approximately 1.3 miles away.
Map directions

St Dominic School is a private elementary and middle school located approximately 0.4 miles away.
Map directions

+ Rental Info

Tenant Pays: AllUtilities, Electricity, Gas

+ Other Property Info

Annual Tax Amount: 6808.199999999
Source Listing Status: Active
County: Cuyahoga
Directions: Use GPS
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: Vansweringen
Owner Pays: Sewer, Water
Parcel Number: 736-20-006
Subdivision: Vansweringen
Township: Shaker Heights
Property Subtype: Duplex
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$46,060 + $12,740 $58,800	$6,639
2021	$46,060 + $12,740 $58,800	$6,620
2020	$41,860 + $11,590 $53,450	$6,389
2019	$41,860 + $11,590 $53,450	$6,300
2018	$41,860 + $11,590 $53,450	$6,337
2017	$36,540 + $12,360 $48,900	$6,101
2016	$36,540 + $12,360 $48,900	$5,864
2015	$36,540 + $12,360 $48,900	$5,732
2014	$33,220 + $11,240 $44,460	$5,413
2013	$40,180 + $11,240 $51,420	$5,839
2012	$42,250 + $10,260 $52,510	$5,487
2012	$37,940 + $11,240 $49,180	$5,487
2010	$42,250 + $10,260 $52,510	$5,691
2009	$42,250 + $10,260 $52,510	$5,212
2008	$55,895 + $11,025 $66,920	$6,127
2007	$55,900 + $11,030 $66,930	$6,112

+ Reveal Property Sale History

Listed 2024-05-17
$279,900
MLSNOW

---

Sold 1999-06-04
$163,000
Public Record

---

Sold 1993-11-16
$132,900
Public Record

---

Sold 1986-11-24
$104,520
Public Record

---

Sold 1977-07-01
$53,000
Public Record

+ Building and Construction

Total Square Feet Living: 4400
Year Built: 1932
Above Grade Finished Area: 3140
Above Grade Finished Area Source: PublicRecords
BelowGradeFinishedArea: 1260
Below Grade Sqft Area Source: PublicRecords
Levels: ThreeOrMore
Living Area Units: SquareFeet
Property Age: 92
Roof: Asphalt, Fiberglass

+ Utilities

Sewer: PublicSewer
Water Source: Public