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Sold on 07/23/2022
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121 W 5th Ave, Berea, OH 44017

$265,000

Last sold 07/23/2022 for $198K

  • 3

    bed

  • 3

    bath

  • 1,718

    Sqft ($116/Sqft)

Multi-family not for sale
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About 121 W 5th Ave

Property type Multi-family
Year built 1926
HOA fee $0/month
Lot size 6,882 Sqft
Movoto estimate
Property description
Beautiful, fully-rented investment property featuring 3 - 1 bedroom / 1 bath units each with parking, storage and private deck/porch. Lots of BIG TICKET UPDATES for your peace of mind & pocketbook! Windows & Landscaping (2019), 3-zone HVAC with newer high efficiency furnace and brand new high efficiency central air unit added 2020, Driveway (2021), Siding & Gutters (2021). Remodeled basement with new coin laundry machines (2021) and added storage units for each tenant (2021). Remodeled 2nd floor unit (2020) with new flooring, paint, appliances (refrigerator & range), electrical, bath. New appliances (range, refrigerator) and bath updates (toilet, flooring, vanity) in front unit (2021). Both downstairs units have long-term tenants on month-to-month leases with rents below current market value. Upstairs unit has new tenants on fixed-term lease that switches to month-to-month after 1st year (March 30, 2023). Upstairs tenant rent includes $35 for additional parking space.
Listed by
Listing Agent - Sylvia Incorvaia
Listing Office - Keller Williams, LLC
Source: MLS Now mls logo
MLS#4380036 • last updated 3 years ago
Movoto checked MLS Now for data 25 minutes ago
Overview
Cooling/AC Central Air
Levels/Style Two
MLS # 4380036
SqFt 1718
Status Closed
Lot Size (Acres) 0.158
Property Tax 3424
Interior
Total # of Bathrooms 3
# Full Baths 3
# Bedrooms 3
Laundry Common Area
Accessibility Features None
Exterior
Construction Vinyl Siding
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Elem School District Berea CSD - 1804
Middle School District Berea CSD - 1804
High School District Berea CSD - 1804
Multifamily Details
Total # of Units 3
$265K
Range: $225K-$304K
Last 30 days 
  • Apr 2024
    mls logo MLS # 5016070
  • Apr 12, 2024 Sold
    $228,000 (-8.8%)
  • Feb 7, 2024 Listed
    $249,900 (+25.6%)
  • Aug 2022
    Public Records
  • Aug 29, 2022 Sold
    $198,900
  • Aug 2022
    mls logo MLS # 4380036
  • Aug 25, 2022 Sold
    $198,900 (-0.5%)
  • Jul 23, 2022 Pending
    —
  • Jul 22, 2022 Price Change
    $199,900 (-4.8%)
  • Jul 5, 2022 Price Change
    $210,000 (-6.7%)
  • Jun 27, 2022 Price Change
    $225,000 (-8.2%)
  • Jun 15, 2022 Price Change
    $245,000 (-5.8%)
  • Jun 7, 2022 Listed
    $260,000 (+131.1%)
  • Jul 2019
    Public Records
  • Jul 26, 2019 Sold
    $112,500 (+25.0%)
  • May 2009
    Public Records
  • May 1, 2009 Sold
    $90,000
  • Year Property taxes Tax assessment
  • 2025
    $3,867 +2.1%
    $65,310
  • 2024
    $3,788 -1.9%
    $65,310 +35.02%
  • 2023
    $3,861 +11.9%
    $48,370 -3.03%
  • 2022
    $3,452 +0.8%
    $49,880
  • 2021
    $3,424 +6.8%
    $49,880 +18.06%
  • 2020
    $3,205 +2.8%
    $42,250 -65.0%
  • 2019
    $3,119 -1.2%
    $120,700 +185.68%
  • 2018
    $3,155 -21.4%
    $42,250 -65.0%
  • 2017
    $4,014 +67.3%
    $120,700 +278.96%
  • 2016
    $2,400
    $31,850
  • 2015
    $2,400 -4.6%
    —
  • 2014
    $2,515
    —
  • 121 W 5th Ave
    $198K
  • —
  • 44017
    $249K -3% y/y
  • Berea
    $249K -3% y/y
No chart available
Statistics calculated by Movoto

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8/10
Grindstone Elementary School
public Grades PK, K-4
Berea City School District
5/10
Berea-Midpark Middle School
public Grades 5-8
Berea City School District
6/10
Berea-Midpark High School
public Grades 9-12
Berea City School District
Source: GreatSchools.org © 2026. All rights reserved.

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