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$599,900   Price Analysis
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24512 Emery Rd
Warrensville Heights, OH 44128
9 bed 4 bath 4,700 SqFt ($127/SqFt)
0.69 acre lot. Built 1854
Listed 2024-07-02, Taxes $3,540
Ⓧ USDA Ineligible
due to location

near Warrensville Heights

Excellent location minutes away from Pinecrest

Legacy Village, various restaurants, Beachwood Mall and a mere 20-minute drive from both Cleveland Hopkins Airport and downtown Cleveland! This exception al investment opportunity presents a 3-4 unit multifamily property nestled on a triple lot. Situated in the heart of the action, this income-generating residence has undergone extensive remodeling, both inside and out. The first floor boasts a two-bedroom apartment featuring a generously-sized family room, a roomy eat-in kitchen, a dining room, a sunroom and a beautifully remodeled full bathroom. Additionally, the other side of the first floor offers a one-bedroom apartment complete with its own full bathroom, bedroom and kitchen.

Towards the rear of the property lies a studio apartment with a remodeled kitchen and bathroom. A unique feature of the property is a separate staircase leading to a six-bedroom rental suite, designed for individual leasing. These bedrooms share access to a remodeled kitchen and full bathroom, making it ideal for tenants commuting to Thistledown Horse Track, conveniently located three minutes away. Throughout the years, numerous updates have been implemented, including a new roof, vinyl siding, gutters, vinyl windows, boiler, updated kitchen appliances, remodeled bathrooms and kitchens, refinished hardwood floors, luxury vinyl flooring, crpeting and seal-coated driveway/parking area. This property presents an exceptional opportunity for investors seeking a prime location with significant income potential.


Presented by Michael Kaim, Agent at
Real Brokerage Technologies, Inc.
Listing Agent Photo

Property MLS #5051222 from MLSNOW

Bedrooms: 9

Total Bathrooms: 4
Full Bathrooms: 4

Laundry Features: InUnit

Heating Features: ForcedAir, Gas
Heating: Yes

Lot Size Acres: 0.6922
Lot Size Source: PublicRecords
Lot Size Square Feet: 30152

Parking Features: Paved

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1

Elementary School District: Warrensville Heights - 1831
High School District: Warrensville Heights - 1831
Middle or Junior School District: Warrensville Heights - 1831

John Dewey Elementary School is a public elementary school located approximately 0.4 miles away.
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Warrensville Heights High School is a public high school located approximately 1.5 miles away.
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Warrensville Heights Middle School is a public middle school located approximately 1.7 miles away.
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Bethlehem Christian School is a private elementary school located approximately 1 miles away.
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Annual Tax Amount: 3691
Source Listing Status: Active
County: Cuyahoga
Directions: West of 271. South side of street.
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: Randall Spgs Park
Parcel Number: 763-19-011
Subdivision: Randall Spgs Park
Township: Warrensville Heights
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$25,310 + $13,930
$39,240
$3,540
2021$25,310 + $13,930
$39,240
$3,487
2020$19,320 + $10,640
$29,960
$3,079
2019$19,320 + $10,640
$29,960
$3,017
2018$19,320 + $10,640
$29,960
$3,039
2017$19,250 + $7,670
$26,920
$2,794
2016$19,250 + $7,670
$26,920
$2,759
2015$19,250 + $7,670
$26,920
$2,365
2014$17,820 + $7,110
$24,930
$2,128
2013$17,820 + $7,110
$24,930
$2,101
2012$18,480 + $14,110
$32,590
$1,989
2012$17,820 + $7,110
$24,930
$1,989
2010$18,480 + $14,110
$32,590
$2,645
2009$18,480 + $14,110
$32,590
$2,655
2008$19,250 + $14,700
$33,950
$2,275
2007$19,250 + $14,700
$33,950
$2,638

Listed 2024-07-02
$599,900
MLSNOW
Listing removed 2024-07-01
$599,900
MLSNOW
Listing removed 2024-05-07
$619,900
MLSNOW
Listed 2024-05-07
$599,900
MLSNOW
Listed 2024-02-22
$619,900
MLSNOW
Listing removed 2024-02-22
$675,000
MLSNOW
Price Changed 2023-12-14
$675,000
MLSNOW
Listed 2023-10-12
$699,900
MLSNOW

Total Square Feet Living: 4700
Year Built: 1854
Above Grade Finished Area: 4700
Above Grade Finished Area Source: Realist
Construction Materials: VinylSiding
Levels: ThreeOrMore, Two
Living Area Units: SquareFeet
Property Age: 170
Roof: Asphalt, Fiberglass
Levels or Stories: 2

Sewer: PublicSewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.