Ready to grow your investment portfolio? This well-maintained colonial duplex offers solid cash-flow and strong fundamentals. The upper unit is tenant-occupied, generating $1,200/month on a month-to-month lease. Future rent could also be month-to-month. The Down Unit market rent is $1,300/mo. Each unit features 2 bedrooms and 1 full bath, spacious living areas, and bright, functional kitchens, vinyl windows throughout, hardwood flooring in the main living areas of the down unit, and LVP kitchen with carpeted living space in the up unit. Major updates include a newer roof (2022), updated electrical panels, updated plumbing drain lines, and a newer furnace. The finished basement offers ample storage with glass block windows. The property includes a detached 2-car garage Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Located in the desirable Shaker Heights neighborhood, close to major roads, shopping, and schools—an excellent opportunity for both new and seasoned investors. Strong fundamentals, immediate cash flow, and flexibility for future growth. Schedule your showing now! No wholesalers. No Seller financing. No low ball offers.
Beautiful 2 family home in Shaker Heights, 2 car garage, large living rooms, dining room, eat in kitchen, laundry hookups in basement, 2 bedrooms each unit, newer front and rear porches, walk up attic, insulated windows, updated electric and plumbing. Both units are currently rented to long term tenants at $800 per month per unit. Down unit is leased for the next year. Up unit is month-to-month, but looking to stay until fall.
Public Records
Nov 26, 2018
Sold
$90,000
$38/sq ft
MLSNOW #2163870
Jan 26, 2005
Sold
$79,000
$33/sq ft
Aug 10, 2004
Listed
$84,900
$36/sq ft
Large 2 Family Unit. Full Basement, Newer Roof. Great Income Potential. Buyer To Assume City Violations, Being Sold As-is.
MLSNOW #2083343
Sep 26, 2003
Listing Removed
—
Apr 25, 2003
Listed
$179,900
$75/sq ft
Public Records
Jan 29, 1997
Sold
$122,000
$51/sq ft
MLSNOW #669544
Nov 10, 1994
Listing Removed
—
May 12, 1994
Listed
$87,900
$37/sq ft
Public Records
Sep 14, 1990
Sold
$25,000
$10/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,450 (+12.9%)
$11,270 + $40,180
$51,450
2024
$4,827 (+29.9%)
$11,270 + $40,180
$51,450
2023
$3,717 (+1.5%)
$5,990 + $25,520
$31,510
2022
$3,663 (+0.3%)
$5,990 + $25,520
$31,510
2021
$3,652 (+27.8%)
$5,990 + $25,520
$31,510
2020
$2,859 (+1.4%)
$5,740 + $17,360
$23,100
2019
$2,820 (−0.6%)
$5,740 + $17,360
$23,100
2018
$2,836 (−40.8%)
$5,740 + $17,360
$23,100
2017
$4,794 (+4.0%)
$4,590 + $33,390
$37,980
2016
$4,609 (+3.5%)
$4,590 + $33,390
$37,980
2015
$4,452 (−0.4%)
$4,590 + $33,390
$37,980
2014
$4,471
$4,480 + $32,760
$37,240
Tax history for 3318 Milverton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,450 (+12.9%)
$11,270 + $40,180
$51,450
2024
$4,827 (+29.9%)
$11,270 + $40,180
$51,450
2023
$3,717 (+1.5%)
$5,990 + $25,520
$31,510
2022
$3,663 (+0.3%)
$5,990 + $25,520
$31,510
2021
$3,652 (+27.8%)
$5,990 + $25,520
$31,510
2020
$2,859 (+1.4%)
$5,740 + $17,360
$23,100
2019
$2,820 (−0.6%)
$5,740 + $17,360
$23,100
2018
$2,836 (−40.8%)
$5,740 + $17,360
$23,100
2017
$4,794 (+4.0%)
$4,590 + $33,390
$37,980
2016
$4,609 (+3.5%)
$4,590 + $33,390
$37,980
2015
$4,452 (−0.4%)
$4,590 + $33,390
$37,980
2014
$4,471
$4,480 + $32,760
$37,240
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
2
Lot width
73 ft.
Lot depth
89 ft.
Lot size
6,050 Sq. Ft.
Year renovated
1962
Sq. Ft.
2,386
Year built
1924
Style
Multi-Family (2-4 Unit)
County
Cuyahoga County
APN
73514011
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
TF
Two-Family Residential District
The purpose of this district is to provide a residential environment for two-family dwellings.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2
Parking
Features: Driveway, Detached, Garage
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Room Information
# of Rooms (Total): 12
Has Basement
Basement Information: Full, Finished
Laundry Information
Features: In Basement
Equipment
Appliances: Dryer, Range, Refrigerator, Washer
Multi Unit Information
# Of Buildings: 1
Unit Type 1
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Area: 1193.0
Unit Type 2
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Area: 1193.0
Actual Rent: $1,200
Unit is Leased
Exterior
Building Information
Stories: 2
Stories (Total): 2
Year Built Source: Public Records
Roof Details: Asphalt, Fiberglass
Construction Details: Frame
Lot Information
Lot Size Area: 0.1389
Lot Size Acres: 0.1389
Lot Size Source: Assessor
Property Information
Below Grade Finished Area: 1,193
Below Grade Finished Area Source: Assessor
Above Grade Finished Area: 2,386
Above Grade Finished Area Source: Assessor
Financial
Tax Information
Annual Tax Amount: $5,450
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Forced Air
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,386
Stories: 2.0
Lot Size: 6,050 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1924
Year Renovated: 1962
County: Cuyahoga County
APN: 73514011
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Onaway Elementary School
Public PreK-5 • Assigned • 0.5mi
7/10
Shaker Heights Middle School
Public 6-8 • Assigned • 2.3mi
7/10
Shaker Heights High School
Public 9-12 • Assigned • 0.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Shaker Heights, OH • 44120
Average low and high temperatures (°F)
29
17
36
23
55
35
64
44
67
51
80
64
84
69
79
63
76
57
65
49
51
39
39
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$268,000 – $324,000
Reach more buyers when you sell with Redfin. Save up to $2,812 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.