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Backup Offers

1001 E 74th St, Cleveland, OH, 44103

$45,000

Home List Price

$534*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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1001 E 74th St, Cleveland$45,000

Buyer Closing Credits

$534*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Garage
Garage2 spaces
Year Built1921
HeatingNatural Gas, Hot Water, Steam
CoolingNone
BasementYes
MLS #5089126
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 1001 E 74th St

Staggering investment opportunity! Unlock the potential of this charming duplex, perfect for savvy investors or renovation enthusiasts. This property features two spacious 2-bedroom units with one bath per unit, offering flexibility for rental income or multi-generational living. With some renovation and updates, you can significantly increase the property’s value and rental income. Ideal for both long-term rental or as a flip. House has a new roof (2024) and some new floors. BONUS: There are two lots vacant next to this home that have the potential to be purchased from the Cleveland Land Bank! This is an unbeatable opportunity for investors looking to flip or add to their rental portfolio. Don’t miss your chance to transform this duplex into a cash-generating asset! Schedule a showing today to explore the possibilities.

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 2

Listing Office:

  • Office Name: Red 1 Realty, LLC
  • Office Phone: (216) 225-6406
  • Listing Agent: Joel R Gabelman

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Steam
  • Cooling: None

Other

Directions Information:

  • Directions: St Clair to 74th or use a GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $45,000

Tax Information:

  • Annual Amount: $352
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$165K

Med. Price/SqFt

$100

Avg. Days On Market

41

# of Sold Homes

629

1001 E 74th St vs Cleveland

11 DAYS ON ROCKET

-30 Days

$45,000

-$120K Less

KEY TAKEAWAY

This property is $120K less than the Median Sold Price in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5089126

Listing Office:

  • Office Name: Red 1 Realty, LLC
  • Office Phone: (216) 225-6406
  • Listing Agent: Joel R Gabelman

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it 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 to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 2:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 14, 2004Home Sold
$85,000
Oct 29, 2004Home Sold
$28,560

Tax History

YEARPROP. TAXASSESSMENT
2020$352$3,990
2019$326$3,990
2018$325$3,990
2017$533$6,300

History based on county public records data.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1210404
2
/10

  • Stepstone Academy

  • 3328 Carnegie Ave

  • 2.38 miles

  • Public Charter Grades KG-4

school-card-donut-1210405
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 2.71 miles

  • Public District Grades 3-5

school-card-donut-1210406
6
/10

  • Roxboro Elementary School

  • 2405 Roxboro Rd

  • 3.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,281. The most common annual income of people living in Cleveland, OH is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44103›1001 E 74th St

This home is located at 1001 E 74th St in Cleveland, OH and zip code 44103 in the Saint Clair-Superior neighborhood. This home, which was built in 1921, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $45,000.

Cleveland, OH housing market in November 2024 saw over 223 listings sold above listed price, more than 96 sold at listed price and over 310 sold below. The inventory of homes for sale in Cleveland, OH between October 2024 and November 2024 decreased by 4.7%. Listings spent 41 days on the market in November 2024, and had a median list price of $165,015 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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