18316 Newell Road Shaker Heights, OH ^$ 279,900

18316 Newell Road

^$ 279,900

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18316 Newell Road

Shaker Heights, OH, 44122

^$ 279,900

Bedrooms6 Baths2.0 Sq 4,400

Monthly Estimate*

^$ 1,860

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Multi-Family Home for sale in Shaker Heights, OH

for $279,900 with 6 bedrooms and 2 full baths. This 4,400 square foot home was built in 1932 on a lot size of 0.1744.

Welcome to 18316 Newell Rd. located around the corner from Van Aken. This duplex has 2 units, first floor is 2 bed, 1 spacious bath and over 1,200 sq ft., the second floor unit has five bedrooms, two full bathrooms and over 2,000 sq ft. Combined pro-forma rent's are $3,500/mo. Live in one unit and rent out the 2nd. Third floor furnace 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.

Multi-Family Active

Price

^$ 279,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,808

Style

Lot Size

0.1744

Year Built

1932

Town/City

Shaker Heights

County/Region

Cuyahoga

MLS | Web ID

5039292

Features

General

Sewer PublicSewer

Heating ForcedAir HotWater Steam

Cooling CentralAir

Possession Negotiable

Roof Asphalt Fiberglass

Garage Spaces 2.0

Construction Materials SeeRemarks

Year Built 1932

Tenant Pays AllUtilities Electricity Gas

Township Shaker Heights

Levels ThreeOrMore

Property SubType Duplex

Tax Year 2023

County Cuyahoga

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Vansweringen

Garage Y/N Y

Total Rooms 12

Status Active

Directions Use GPS

City Shaker Heights

View Y/N N

Senior Community Y/N N

High School District Shaker Heights CSD - 1827

Waterfront Y/N N

Carport Y/N N

Street Name Newell

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 6808.2

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Middle/Junior School District Shaker Heights CSD - 1827

Elementary School District Shaker Heights CSD - 1827

Property Sub Type Additional Duplex

Legal Description 54 VANS#22 1321 ALL

Interior

Basement Full Unfinished

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 3140.0

Full Baths 2

Half Baths 0

Street Suffix Road

Total Bedrooms 6

Below Grade Finished Area 1260.0

Electric On Property Y/N N

Main Level Bathrooms 0

Below Grade Finished Area Source PublicRecords

Above Grade Finished Area Source PublicRecords

Total Baths 2

Living Area Units SquareFeet

Exterior

Parking Features Asphalt

Water Source Public

Lot Size Area 0.1744

Number of Buildings 1

Spa N

Lot Size Acres 0.1744

Lot Size Units Acres

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 18316

* Excluded Features

List By

Andrei R Neculai

Listing Agent

Key Realty

Broker

rneculai19@gmail.com

Affordability Calculator

$2,428

Per Month

Monthly Principal & Interest: $1,860
Monthly Property Taxes: $567
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Shaker Heights, OH

Average List Price ^$272,213

Percent of Sale Price 3%

About Shaker Heights, OH

28,178 Population

-4% Since 2002

^$80,792 Median Income

41.78 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4457517 Elementary School

4457379 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/17/2024	$279,900		Listed Price

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18316 Newell Road, Shaker Heights, OH, 44122 is a Multi-Family Home for sale at $279,900 with 4,400 sqft and a lot size of 0.1744. 18316 Newell Road has 6 bedrooms, 2.0 baths, and was built in 1932. The property's zip code is 44122 which is in Shaker Heights, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/1/2024.

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18316 Newell Road

Multi-Family Home for sale in Shaker Heights, OH

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