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18323 Newell Rd, Shaker Heights, OH, 44122

5beds
3baths
3,350sqft
$243,900
$73price/sqft
$2,113/moest. monthly cost
$84,520/yrincome needed

About This Home

Ready & Clean for New Owner to move in. Handsome Tudor. Well maintained . 1st floor: 2 Bedrooms, Sunroom for office, Bath, Oak floors. 2nd floor: 2 Bedrooms , Sunroom for office, Bath, Oak floors. 3rd Floor: rents separately - $650/mo, private entrance, 1 Bedroom, Living room, Full Bath. Updated hot water tanks, Forced air Furnaces. Gable roof 2 car Garage. Short distance to Van Aken Market District. Let Rental income pay most of you Housing expenses. Point of Sale inspection is all Clear. See supplements. rents separately.

Getting Around

53
WalkingSomewhat Walkable
49
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

4/10
Lomond Elementary SchoolGrades K-40.3 mi
7/10
7/10

Construction

Condition

  • Year built: 1927

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Brick,Shingle Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator
  • Laundry features: Washer Hookup,In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bookcases,Crown Molding,Entrance Foyer,Primary Downstairs,Storage
  • Window features: Blinds,Wood Frames
  • Finished area above ground: 3,350

Heating & Cooling

  • Heating features: Baseboard,Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,350
  • Total interior livable area: 3,350 sqft

Property

Details

  • Parcel number: 73620045

Features

  • Levels: Three Or More
  • Stories: 3
  • Exterior features: Rain Gutters

Lot

  • Lot size: 6,682 sqft
  • Features: Sloped Down,Front Yard,Near Public Transit,Wooded

Parking

  • Total spaces: 2
  • Parking features: Driveway,Detached,Garage,Private,Shared Driveway,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,233$14,796
Home Insurance *$137$1,644
Property Taxes $384$4,608
Electricity $359$4,311
Total$2,113$25,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,445/yr
40% on housing$63,390/yr
45% on housing$56,346/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 44122$178
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44122$153
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Listed for sale$275,900
2025-11-04Listing removed$1,095
2025-10-30Price change$1,095
2025-09-09Price change$1,195
2025-08-21Listed for rent$1,175
2023-07-09Listing removed--
2023-07-09Price change$945
2023-06-22Listed for rent$935
2021-03-24Listing removed--
2018-05-22Listing removed$775
2018-05-20Listed for rent$775
2018-03-02Listing removed$775
2018-02-24Price change$775
2018-02-14Listed for rent$755
2017-08-03Listing removed$795
2017-07-24Price change$795
2017-07-15Price change$765
2017-05-14Listed for rent$785
2016-11-11Listing removed$775
2016-02-15Price change$765
2015-11-16Price change$755
2015-11-08Price change$725
2015-10-09Price change$755
2015-09-16Price change$775
2015-09-08Listed for rent$735
1998-08-21Sold$133,000

For Sale by Agent

AgentLouis S Powers
BrokerageCentury 21 Homestar

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