Euclid OH Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.24 Acres
Year built:
1928
Baths:
4.00
MLS#:
5069544
Subdivision:
J & M Jamnek Proposed

ADDITIONAL INFORMATION

This exceptional investment opportunity offers two properties on one parcel, including a commercial building with two units (Bar/Restaurant) and a residential home, providing significant income with room for growth. The first property features a fully rehabbed lounge and a 3-bedroom apartment above it, currently generating $2,500 monthly, with rents below market value, allowing for potential revenue increases. The lounge and the apartment are on a lease through 2027, offering long-term stability. The property also includes newer windows, electrical, plumbing, a roof replaced in 2019, 20 parking spots, and a 2-car garage. Additionally, both properties are POS compliant. The second property is a newly remodeled 4-bedroom home with an open floor plan, granite countertops, stainless steel appliances, newer windows throughout, and central air. This spacious home includes one bedroom on the first floor and three additional bedrooms on the upper level, with a monthly rental potential of $1,800. To provide extra peace of mind, the seller offers the buyer a one-year home warranty to home. This unique property package is perfect for investors looking to expand their portfolio or those seeking a dual-income opportunity.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.12 Acres
Year built:
1951
Baths:
2.00
MLS#:
5046465

ADDITIONAL INFORMATION

Solid brick two family for great income potential! Long term tenant up, down unit is vacant and ready for higher rents with minimum prep work! Great location, walking distance to pool, library, high school, tennis courts, skating rink, and much more! New roof and windows in 2015. New high efficiency furnaces and air conditioning condensers in 2016. POS inspection on order. To be fair to all buyers, seller reserves the right to not respond to offers until the property has been on the market for five days.

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Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 2939 Vernon Place, Suite 300, Cincinnati, OH 45219


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes MLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Yes MLS. All rights reserved.



Euclid Real Estate

The median home value in Euclid, OH is $77,200. This is lower than the county median home value of $123,800. The national median home value is $219,700. The average price of homes sold in Euclid, OH is $77,200. Approximately 40.94% of Euclid homes are owned, compared to 44.55% rented, while 14.51% are vacant. Euclid 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 Euclid real estate agent to arrange a tour today!

Euclid, Ohio 44123 has a population of 47,698. Euclid 44123 is less family-centric than the surrounding county with 18.36% of the households containing married families with children. The county average for households married with children is 24.44%.

The median household income in Euclid, Ohio 44123 is $37,141. The median household income for the surrounding county is $46,720 compared to the national median of $57,652. The median age of people living in Euclid 44123 is 41.1 years.

Euclid Weather

The average high temperature in July is 81.8 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 40.2 inches per year, with 35.9 inches of snow per year.

Euclid Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    50
    30-day change

Euclid Schools and Demographics

Education near Euclid, OH

Metric City County
High School Graduates 89.39 89.07
College Degree - 2 year 8.44 7.48
College Degree - 4 year 20.87 31.47
Graduate Degree 5.41 8.78
Expenditures per Student 15,714 15,667
Students per Teacher 15.5 17.8

Elementary Schools near Euclid, OH

School Grades Students P/T Ratio ZIP
Arbor Elementary School KG - 06 595 18.5 44119
Bella Academy of Excellence KG - 05 283 10.1 44119
Bluestone Elementary School KG - 06 599 19.4 44132
Chardon Hills Elementary School KG - 05 521 17.5 44132
Euclid Schools Early Learning Center PK - PK 210 19.7 44123
Noble Academy-Cleveland KG - 08 364 16 44117
Oliver H Perry Elementary School PK - 08 264 18.1 44119
Pinnacle Academy KG - 08 727 23.1 44123
Shoreview Elementary School KG - 06 521 20 44132
Wickliffe Elementary School PK - 04 538 15.9 44092

Middle Schools near Euclid, OH

School Grades Students P/T Ratio ZIP
Euclid Central Middle School 06 - 09 589 12.2 44117
Forest Park Middle School 06 - 09 541 11.8 44132
Wickliffe Middle School 05 - 08 465 13.1 44092

High Schools near Euclid, OH

School Grades Students P/T Ratio ZIP
Wickliffe High School 09 - 12 449 14.7 44092

Ungraded Schools near Euclid, OH

School Grades Students P/T Ratio ZIP
Euclid High School 01 - 12 1,860 15.9 44123
New Day Academy Boarding & Day School KG - 12 196 14.3 44123

Demographics near Euclid, OH 44123

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 47,698 1,257,401
Population Density 4,479 2,750
Median Age 41.1 40.4
People per Household 2.1 2.3
Median Household Income 37,141 46,720
Average Income per Capita 23,099 30,441