Cleveland OH Multi Family for Sale
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.15 Acres
- Year built:
- 1915
- Baths:
- 4.00
- MLS#:
- 5029639
- Subdivision:
- St Clair
ADDITIONAL INFORMATION
incredible investment opportunity*all brick 4 suiter that needs rehab*great comps for the area*cash potential unlimited once finished*dont miss out on this rare chance to own this classic investors dream*
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.13 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 5024201
- Subdivision:
- Helen H Brown & Hutchinson Bro
ADDITIONAL INFORMATION
Welcome to this prime investment property located in Cleveland, OH! This spacious 2-family home offers an excellent opportunity for investors looking to capitalize on the thriving rental market in the area. Current Rents Under Market Value: With long-term tenants in place, this property currently generates approximately $1100 per month in rental income. However, with the potential for Section 8 rents, the projected income could reach up to $2300 per month. Occupied and Livable: While some minor repairs may be needed, the overall condition of the property presents a solid foundation for potential rental income. Convenient Location: Situated within 8 minutes of downtown Cleveland and the prestigious Wade Park historic district, this property offers proximity to some of the world's most renowned museums, universities, and medical facilities. Don't miss out on this fantastic investment opportunity! Contact us today. Do Not Disturb Tenants. Only scheduling with accepted offer.
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Cleveland Real Estate
The median home value in Cleveland, OH is $97,300. This is lower than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Cleveland, OH is $97,300. Approximately 34.25% of Cleveland homes are owned, compared to 48.78% rented, while 16.97% 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, Ohio 44103 has a population of 374,861. Cleveland 44103 is less family-centric than the surrounding county with 13.77% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Cleveland, Ohio 44103 is $33,678. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Cleveland 44103 is 36.2 years.
Cleveland Weather
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 37.9 inches per year, with 54 inches of snow per year.