5 months on rocket

Backup Offers

1148 Norwood Rd, Cleveland, OH, 44103

$83,000

Home List Price

$986*

Closing Credit

8 Bedrooms
3 Full Baths
3,240 SqFt
$26/SqFt
Multi

Location

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1148 Norwood Rd, Cleveland$83,000

Buyer Closing Credits

$986*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1885
HeatingForced Air
CoolingNone
BasementYes
MLS #5057149
Lot Size0.13 Acres
StatusAccepting Backup Offers
(Contingent)

About 1148 Norwood Rd

Looking for a cash flowing duplex? Look no further this property is bringing in an amazing rent in both units. Both tenants have their for a few years. You do not want to miss this property! Turnkey property great for anyone! Rent is $1,325 gross up and down. It also comes with a single family home directly in back of the property.

Property Details

Property Features

Property Information:

  • Year Built: 1885
  • Stories: 2
  • Living Area: 3,240 SqFt

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (440) 665-4165
  • Listing Agent: Rudolph Jones

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Off E. 63rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $83,000
  • Price Per SqFt: $26/SqFt

Tax Information:

  • Annual Amount: $739
  • 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

1148 Norwood Rd vs Cleveland

150 DAYS ON ROCKET

+109 Days

$83,000

-$82K Less

$26/SqFt

-$75 Less

KEY TAKEAWAY

This property is $82K less than the Median Sold Price and $75/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: #5057149

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (440) 665-4165
  • Listing Agent: Rudolph Jones

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

May 07, 2021Home Sold
$50,000
May 19, 1999Home Sold
$54,900

Tax History

YEARPROP. TAXASSESSMENT
2020$739$8,370
2017$2,244$12,180

History based on county public records data.

Payment Calculator

$482

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$315

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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-1206487
2
/10

  • Stepstone Academy

  • 3328 Carnegie Ave

  • 1.78 miles

  • Public Charter Grades KG-4

school-card-donut-1206488
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 3.30 miles

  • Public District Grades 3-5

school-card-donut-1206489
6
/10

  • Roxboro Elementary School

  • 2405 Roxboro Rd

  • 3.59 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 $12,203. Typical income of Cleveland, OH residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44103›1148 Norwood Rd

This home is located at 1148 Norwood Rd in Cleveland, OH and zip code 44103 in the Saint Clair-Superior neighborhood. This 3,240 square foot home, which was built in 1885, sits on a 0.13 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $83,000.

In November 2024, from all listings sold in Cleveland, OH there were more than 223 sold above asking price, over 310 sold below and more than 96 were sold right at the asked price. The number of homes for sale in Cleveland, OH decreased by 4.7% between October 2024 and November 2024. 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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