1431 Rowley Avenue, Cleveland, OH 44109
- Added:
- Jun 23, 2025
- Days on Market:
- 367
- Last Refresh:
- Jun 24 at 2:06 pm
Property Features for 1431 Rowley Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Basement, Bedroom 3, Laundry Room, Bedroom 4
- Parking features
- Driveway, Garage
- Security features
- Security
- Appliances
- Dryer, Range, Refrigerator, Washer
- Standard status
- Pending
- APN
- 008-12-015
- Size
- 1,920 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 1983
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Building materials
- VinylSiding
- Roof type
- Asphalt, Fiberglass
Listing agent Sylvia Incorvaia License #411497 (216) 316-1893
Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH (866) 212-4991
Listing date Jun 23, 2025
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1880 with two fully updated units
- Each unit features 2 bedrooms, a formal dining room, and a living room
- Remodeled bathrooms and updated kitchens in both units
- In‑unit laundry with washer and dryer included (plus range and refrigerator)
- Vinyl siding exterior with forced‑air heating; asphalt/fiberglass roof
- Detached garage, driveway parking, and basement access for additional storage; public water and public sewer
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.3k | $17.88 |
| − Vacancy | −$1.5k | −$0.80 |
| EGI | $32.8k | $17.08 |
| − OpEx | −$9.8k | −$5.12 |
| NOI | $22.9k | $11.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6919
- Latitude
- 41.468582
