← 4318 Clybourne Ave, Cleveland, OH 44109 · All properties

11 - Property Records & Tax - Property Description - 4318 Clybourne Ave Cleveland, OH 44109 - 4318 Clybourne Ave, Cleveland, OH 44109.md

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Property originally listed for sale on the marketplace by *Hernell Dyer*. [Click here](https://learn.lofty.ai/en/articles/6145558-how-the-lofty-marketplace-works) to learn more about how third parties sell their properties on the Lofty Marketplace. --- ## NOTE - Title to the property is currently vested in the previous Property Manager, Yhome Nursing LLC ℅ Calixte Duffaut - Owners voted to refinance the property. See the "Property Updates" section below for more details. - Refinance proceeds and

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Property originally listed for sale on the marketplace by *Hernell Dyer*.

[Click here](https://learn.lofty.ai/en/articles/6145558-how-the-lofty-marketplace-works) to learn more about how third parties sell their properties on the Lofty Marketplace.

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## NOTE - Title to the property is currently vested in the previous Property Manager, Yhome Nursing LLC ℅ Calixte Duffaut
- Owners voted to refinance the property. See the "Property Updates" section below for more details.
- Refinance proceeds and security deposits totaling $105,718.87 is currently being withheld by Calixte Duffaut.
- DAO Funds Lent to EARLDAO: $111,268.87 (Includes additional $5,550 lent out of May distributions).
- [DAO Wallet](https://allo.info/account/YHQDNVBXRNJUWGX5FIMHOEXMR5ZC4VPXFR6SBZG4ZQYE44E32GEOK7UQQI)
- Property Reserve held by Aligned: $1,350
- Cash held by ECO Systems: $11.88 as of 6/13/2025
- DAO Net Cash: $111,280.75
- [View Financial Reconciliation Details](https://www.dropbox.com/scl/fi/0yf0syxxxm58zpguib5nz/Yhome-Transition-Reconciliation.xlsx?rlkey=4rurmo3m2swur63oxq0hafr01&dl=0)
- The Operating Reserve structure and related information will be updated upon completion of the property management transition from Yhome Nursing LLC to ECO Systems LLC.

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3-Unit (Triplex) located in Cleveland, Ohio.

## Details
- Renovations include new roof, new concrete, new carpet, new electric panel, new furnace, new hot water tank, renovated kitchens, renovated living room, renovated bathrooms, renovated bedrooms, repaired porches, new paint interior and exterior.
- Washer/dryer hookups in the shared basement
- Located near parks, restaurants, and the Cleveland Metroparks Zoo
- One or more of the photos above have been virtually staged.
- [View Operating Reserve balance chart](https://www.dropbox.com/scl/fi/x73ougyq6wd98p3saa52i/Operating-Reserve-Chart-Aug-2025-4318-Clybourne-Ave-Cleveland-OH-44109.pdf?rlkey=7fijthp3iwjx26s7jpclp0sjh&st=gevv652o&dl=0)
- [View property transaction data](https://www.dropbox.com/scl/fi/lmbww4xi8lqeh12u7rhbq/Transactions-April-2025-4318-Clybourne-Ave-Cleveland-OH-44109.csv?rlkey=rgka6vbq9ctiaq8bry8embw4s&st=7czjiwy6&dl=0)

## Property Management and Insurance
- Managed by ECO Systems LLC
- [Insurance Policy](https://www.dropbox.com/s/6yr8ffmmgt5bjpf/Property%20Insurance%202023-05-01%20-%204318%20Clybourne%20Ave%20Cleveland%2C%20OH%2044109.pdf?dl=0) through [Obie Insurance](https://www.obieinsurance.com/)

## Occupancy Status
- **Unit 1 (Back Unit)**
    - 1 year lease (01/01/2025 - 12/31/2025)
    - $695/month
    - $695 Security Deposit
    - [Lease Agreement](https://www.dropbox.com/scl/fi/b5sizth9coi2y48l88ykh/Lease-4316.5-Back-Unit-01-01-2025-12-31-2025-4318-Clybourne-Ave-Cleveland-OH-44109_Redacted.pdf?rlkey=e6pu8d2khony68sqc4mjmxt50&st=xrkes5v9&dl=0)
- **Unit 2 (Upstairs Unit)**
    - 1 year lease (11/08/2024 - 11/07/2025)
    - $845/month
    - $845 Security Deposit
    - [Lease Agreement](https://www.dropbox.com/scl/fi/arrsyb4zxclf3uzzl0new/Lease-11-08-2024-11-07-2025-4316-Clybourne-Ave-UP-Unit-Cleveland-OH-44109_Redacted.pdf?rlkey=dc2zbm1uvc2c9y4b81sgu864h&st=c2ep3jh3&dl=0)
- **Unit 3 (Downstairs Unit)**
    - 1 year lease (10/03/2023 - 09/30/2024)
    - $875/month
    - The tenant is responsible for electric and gas.
    - The landlord is responsible for water, sewer, and trash removal.
    - [Lease Agreement](https://www.dropbox.com/scl/fi/756pkmn6adkg0cyga74yz/Lease-Agreement-DN-10-03-2023-09-30-2024-4318-Clybourne-Ave-Cleveland-OH-44109_Redacted.pdf?rlkey=pcz405xm94tpw4lktpxz9f8dd&dl=0)

## Location Data
- 2.5/5 Neighborhood Rating on [Roofstock](https://www.roofstock.com/get-neighborhood-rating)
- "B-" Rating for Zip Code on [Niche](https://www.niche.com/places-to-live/z/44109/)

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/1gff84si4e55mvavlb1jd/Property-Valuation-Reports-May-2024-4318-Clybourne-Ave-Cleveland-OH-44109.pdf?rlkey=x84u31nw2s6v4a474j7tzmaaa&st=m1fqanwp&dl=0) (HouseCanary valuations are less accurate for 2+ Unit properties, like this property)
- [Operating Agreement](https://www.dropbox.com/scl/fi/z6k5hn49z51x238em1u2r/DAO-Operating-Agreement-4318-Clybourne-Ave-Cleveland-OH-44109.pdf?rlkey=gd3cl0za34m15tlnczv71gl3e&dl=0)
- [Closing Statement](https://www.dropbox.com/s/n2phte3k31wy1in/Closing%20Statement%20-%20Lofty%20Holding%204318%20Clybourne%20Avenue%20LLC.pdf?dl=0)
- [Property Deed](https://www.dropbox.com/s/zjzi6ktt6t4nuj8/Property%20Deed%20-%20Lofty%20Holding%204318%20Clybourne%20Avenue%20LLC.pdf?dl=0)
- [View All Documents](https://www.dropbox.com/sh/cltlh1yata976p9/AABPgXqtiq4ZE0zlYa-FOqbIa?dl=0)
- [View All Updates](https://www.loftyassist.com/properties/01FDH2AHH5YWYGFBJN1QVG69KQ)

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*Extracted from Lofty.ai public listing page on 2026-04-04 via curl.*