This is an income producing property!! Don't miss this opportunity!! Seller held mortgage $65,000 Down 5% interest for 10 years on $134,900 This is a great investment opportunity with Highway 79 road frontage in an area that is growing rapidly. All three units are currently rented with no shortage of prospective renters. Gross rent is $3000.00 per month.
The median home value in Cleveland, AL is $275,000. This is higher than the county median home value of $207,300. The national median home value is $338,100. The average price of homes sold in Cleveland, AL is $275,000. Approximately 74.95% of Cleveland homes are owned, compared to 14.87% rented, while 10.18% are vacant. Cleveland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cleveland real estate agent to arrange a tour today!
Cleveland, Alabama has a population of 1,291. Cleveland is more family-centric than the surrounding county with 39.94% of the households containing married families with children. The county average for households married with children is 33.1%.
The median household income in Cleveland, Alabama is $46,458. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Cleveland is 37.4 years.
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 30 degrees. The average rainfall is approximately 56.2 inches per year, with 1.1 inches of snow per year.