4045 Okalona Rd
Cleveland, OH 44121
6 bd 3 ba 2,304 sqft Built 1947 Lot 7,749 sqft multi_family
Most recent sale
$156,000
Mar 15, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $194,250 | MLSNOW |
| Jun 17, 2022 | Listed | $215,000 | MLS #4381974 |
| Mar 15, 2021 | Sold | $156,000 | MLS #4229989 |
| Oct 7, 2020 | Listed | $169,900 | MLS #4229989 |
| Apr 20, 1999 | Sold | $137,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $56,280 | $11,690 | $67,970 | $5,916 |
| 2024 | $56,280 | $11,690 | $67,970 | $5,188 |
| 2022 | $38,120 | $8,540 | $46,660 | $4,470 |
| 2021 | $38,120 | $8,540 | $46,660 | $4,437 |
| 2020 | $30,980 | $6,930 | $37,910 | $4,145 |
| 2019 | $30,980 | $6,930 | $37,910 | $3,790 |
| 2018 | $30,980 | $6,930 | $37,910 | $3,772 |
| 2017 | $23,980 | $5,640 | $29,620 | $3,239 |
| 2016 | $23,980 | $5,640 | $29,620 | $3,219 |
| 2015 | $23,980 | $5,640 | $29,620 | $2,892 |
| 2014 | $25,240 | $5,920 | $31,160 | $3,021 |
| 2013 | $25,240 | $5,920 | $31,160 | $2,981 |
| 2012 | $25,240 | $5,920 | $31,160 | $2,813 |
| 2010 | $29,610 | $8,890 | $38,500 | $3,520 |
| 2009 | $36,160 | $8,890 | $45,050 | $4,023 |
| 2008 | $41,090 | $10,115 | $51,205 | $3,215 |
| 2007 | $41,090 | $10,120 | $51,210 | $3,655 |
Property facts
Year built
1947
Property type
multi_family
Stories
2
Beds
6
Baths
3
Living area
2,304 sqft
Lot size
7,749 sqft
ZIP code
44121
City
Cleveland
Street
Okalona Rd
Coordinates
41.50269, -81.53439
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$936
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 4045 Okalona Rd last sell?
4045 Okalona Rd most recently sold on Mar 15, 2021 for $156,000.
What is the current tax assessment for 4045 Okalona Rd?
The most recent total assessment for 4045 Okalona Rd (year 2025) is $67,970 with $5,916 in property tax.
How does 4045 Okalona Rd's assessment compare to its last sale price?
The current assessment is 56.4% below the last sale price of $156,000.
When was 4045 Okalona Rd built?
4045 Okalona Rd was built in 1947.
How does 4045 Okalona Rd compare to others on Okalona Rd?
We track 3 other properties on Okalona Rd. Browse the list under "Other properties on Okalona Rd" to compare beds, baths, and sale history.
What are the property facts for 4045 Okalona Rd?
4045 Okalona Rd is a 6 bed, 3 bath, 2,304 sqft, 7,749 sqft lot multi_family.
Is 4045 Okalona Rd a flip candidate?
Yes — 4045 Okalona Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4045 Okalona Rd a tax-appeal candidate?
No — 4045 Okalona Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$191.9K
2026 Q4
$195.3K
ZIP 44121 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Okalona Rd