New search
Property profile & analytics
OFF-MARKET
Residential income homes
1721 Allandale Ave, East Cleveland, OH 44112-5031
Entity Owned
1-yr Hold
Free & Clear
Property ID
US66-5670110
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1920
Construction
TYPE NOT SPECIFIED
Total area
4,346 SF
Lot
0.1 ac (4,160 SF)
Zoning code
U1
APN
673-03-090
UPID
US66-5670110
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
516 Oh Housing LLC · 1 yrs held
516 Oh Housing LLC
since 2024
Last sale
$24,000
7 recorded transactions
Zoning & alternative use
U1 · East Cleveland, OH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Cleveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,813
Tax year 2023
Assessed value
$15,580
Assessed 2023
Previous assessed
$15,580
+0.0% YoY
Effective rate
11.64%
On assessed value
Assessed land
$1,720
Assessed improvement
$13,860
Land market value
$4,900
Improvement market value
$39,600
Total market value
$44,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1920
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
4,346 SF
Lot
0.1 ac (4,160 SF)
Zoning code
U1
APN
673-03-090
UPID
US66-5670110
Jurisdiction
CUYAHOGA
Zoning & alternative use
U1 · East Cleveland, OH
Zoning U1 · permitted uses
U1 · East Cleveland, OH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
TYPE NOT SPECIFIED
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
516 Oh Housing LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1721 ALLANDALE AVE, CLEVELAND, OH 44112-5031
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2024
$60,000
516 Oh Housing LLC
Solidified Music Group
Warranty Deed
—
Mar 21, 2023
—
Solidified Music Group
The Islamic Aid Foundation
Quit Claim Deed
related
—
Jan 11, 2022
—
The Islamic Aid Foundation
Eric Jones
Quit Claim Deed
related
—
Sep 27, 2018
$24,000
Eric Jones
State Of Ohio
Trustees Deed
—
Apr 10, 2009
$5,000
Joshua Wilson
National Cty Bk
Grant Deed
—
Nov 4, 2008
$36,667
National Cty Bk
Sheriff Of Cuyahoga County
Trustees Deed
related
—
May 22, 2003
$116,000
Beverly Symister
Benjamin-burgler,jean B
Grant Deed
$87,000 · First Franklin Financial Corp
Nov 12, 1998
$43,000
Jean Benjamin-burgher
Williford,betty L
Grant Deed
—
—
—
Jean Benjamin-burgher
—
Deed Of Trust
related
$60,258 · Key Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1721 Allandale Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.