new - 6 days on rocket

1011 E 140th St, Cleveland, OH, 44110

$90,000

Home List Price

$1,069*

Closing Credit

4 Bedrooms
2 Full Baths
1,956 SqFt
$46/SqFt
Multi

Location

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1011 E 140th St, Cleveland$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Paved
Year Built1919
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5089313
Lot Size0.12 Acres
StatusActive

About 1011 E 140th St

This well-maintained, cash-flowing property features long-term tenants paying $800 each month. The upstairs lease runs until November 1st, while the downstairs lease is in effect until September. The property has undergone several recent updates to enhance its appeal and efficiency. Seven new windows have been installed, providing improved energy efficiency and a refreshed look. Additionally, the front door downstairs has been replaced. The home's heating systems have also been upgraded, with both furnaces (with transferable lifetime warranty) and heaters replaced within the last 2 years. This ensures the tenants can enjoy a comfortable living environment year-round. In the basement, the main beam has been replaced, along with the floor joists, addressing any structural concerns and ensuring the integrity of the property. An unused chimney has been removed, while the other chimney has been rebuilt from the roof up, further improving the home's overall condition. Please refer to the 3-D walk-through available on the MLS listing to get a better sense of the property's layout and features. The owner pays for trash and water, making it an attractive investment opportunity. The property will be available for showings, once we have an acceptable offer This cash-flowing gem is sure to generate a steady stream of rental income for the savvy investor! No showings until accepted offer.

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Stories: 2
  • Living Area: 1,956 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

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:

  • Attached Garage: No
  • Parking: Driveway, Paved

Virtual/3D Tour

  • 3D Tour: 1011 E 140th St
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Off St. Clair Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000
  • Price Per SqFt: $46/SqFt

Tax Information:

  • Annual Amount: $498
  • 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

1011 E 140th St vs Cleveland

6 DAYS ON ROCKET

-35 Days

$90,000

-$75K Less

$46/SqFt

-$55 Less

KEY TAKEAWAY

This property is $75K less than the Median Sold Price and $55/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5089313

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

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: 12/18/2024, 2:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$498$5,640
2019$461$5,640
2018$459$5,640
2017$548$6,480

History based on county public records data.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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-4330431
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.22 miles

  • Public District Grades 3-5

school-card-donut-4330432
4
/10

  • Oxford Elementary School

  • 939 Quilliams Rd

  • 2.36 miles

  • Public District Grades KG-5

school-card-donut-4330433
5
/10

  • Boulevard Elementary School

  • 1749 Lee Rd

  • 2.88 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 $35,000. Most Cleveland, OH residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44110›1011 E 140th St

This home is located at 1011 E 140th St in Cleveland, OH and zip code 44110 in the Collinwood Nottingham neighborhood. This 1,956 square foot home, which was built in 1919, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $90,000.

While more than 223 listings in Cleveland, OH in November 2024 were sold above asking price, there were more than 96 listings sold at asking price, and more than 310 were sold below. Between October 2024 and November 2024, Cleveland, OH real estate market has seen decrease in the number of listings by 4.7%. The median list price of listings available in November 2024 was $165,015, while the average time on the real estate market was 41 days.

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

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