For SaleRisky Deal7 days on market
3375 Fairmount Blvd
3375 Fairmount Blvd, Cleveland Heights, OH 44118, Cleveland Heights, OH 44118
$395,000
Listing Price
3375 Fairmount Blvd, Cleveland Heights, OH 44118
Loc: Cleveland Heights, OH
Days Listed
7
Tax Assessed
$315k
Lot Size
10,306 sqft
Type
multi family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Canterbury Elementary School
K-5
0.6 mi away
6
Roxboro Middle School
6-8
1.7 mi away
6
Cleveland Heights High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
craftsmanbrick exteriorfoursquaretwo-storyfront porchdormer windowshingle roofmature treeslandscapedvintagehistoricresidentialcozysuburban
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.79%
Total ROI
84.7%
Cash Flow
$-143/mo
DSCR
0.93
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-143/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.8%)
- • Strong rental demand in Cleveland Heights
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Price change | $395,000 | $74 |
| 2023-09-01 | Pending sale | $349,000 | $65 |
| 2023-08-25 | Sold | $315,000 | $59 |
| 2023-07-31 | Contingent | $349,000 | $65 |
| 2023-07-27 | Listed for sale | $349,000 | $65 |
| 2019-06-03 | Sold | $162,000 | $30 |
| 2019-03-22 | Listed for sale | $0 | – |
| 2018-03-31 | Listing removed | $375,000 | $70 |
| 2017-06-21 | Listed for sale | $375,000 | $70 |
| 2013-01-17 | Listing removed | $1,250 | – |
| 2012-11-27 | Price change | $1,250 | – |
| 2012-10-17 | Price change | $1,350 | – |
| 2012-06-28 | Listed for rent | $1,450 | – |
| 2005-12-15 | Sold | $250,000 | $47 |
| 1997-08-29 | Sold | $181,000 | $34 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $9,198.5 | $110,250 |
| 2024 | $9,393.4 | $110,250 |
| 2023 | $8,531 | $78,230 |
| 2022 | $8,487.84 | $78,230 |
| 2021 | $8,319.26 | $78,230 |
| 2020 | $8,216.78 | $69,860 |
| 2019 | $7,762.8 | $69,860 |
| 2018 | $7,914.72 | $69,860 |
| 2017 | $10,699.06 | $88,550 |
| 2016 | $10,133.72 | $88,550 |
| 2015 | $10,133.72 | $88,550 |
| 2014 | $9,396.62 | $82,010 |
| 2013 | $9,014.66 | $82,010 |
| 2012 | $8,327.4 | $82,010 |
| 2011 | $8,861.82 | $87,510 |
| 2010 | $8,268.22 | $87,510 |
| 2009 | $7,855.16 | $87,510 |
| 2008 | $7,540.9 | $87,500 |
| 2007 | $8,856.28 | $106,190 |
| 2006 | $8,115.92 | $106,190 |
| 2005 | $6,006.44 | $72,530 |
| 2004 | $5,969.2 | $72,530 |
| 2003 | $5,357.38 | $72,530 |
| 2002 | $5,063.36 | $63,350 |
| 2001 | $9,958.62 | $63,350 |
| 2000 | $9,920.6 | $63,350 |
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