Welcome to 12808 Gruss Avenue in Cleveland, OH! This spacious 4-bedroom, 2-bath duplex offers a fantastic opportunity for investors or owner-occupants alike. With both units currently vacant, you have the perfect chance to make this property your own and start cash flowing between $1,500 and $1,700 per month once fully occupied. The duplex is in need of some renovations to restore it to its former glory, providing a great opportunity for you to add value and personalize the space to your liking. Whether you're looking to invest or live in one unit while renting out the other, this property has plenty of potential. Located in a convenient area near local amenities, schools, and transportation, 12808 Gruss Avenue offers both opportunity and upside. Don’t miss your chance to transform this property into a profitable investment or your next home. Schedule your showing today!
Property Details
Property Features
Property Information:
Year Built: 1912
Stories: 2
Living Area: 3,314 SqFt
Listing Office:
Office Name: Real Estate Quest, Inc.
Office Email: rebroker216@gmail.com
Listing Agent: Alex V Johnson
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, On Street
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: From Exit 178 onto Eddy Rd toward Bratenahl. Turn Right onto Eddy. Turn Left onto Iowa. Turn Right onto Cleveland Road. Turn Left onto Gruss. 12808 Gruss Avenue is 150 feet on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $90,000
Price Per SqFt: $27/SqFt
Tax Information:
Annual Amount: $705
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $74.2K less than the Median Sold Price and $73/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: #5066871
Listing Office:
Office Name: Real Estate Quest, Inc.
Office Email: rebroker216@gmail.com
Listing Agent: Alex V Johnson
Copyright 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: 11/5/2024, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 20, 2020
May 20, 2020Home Sold
$61,900
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$705
$7,980
2019
$652
$7,980
2018
$650
$7,980
2017
$2,247
$13,200
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$517
Per Month
Principal & Interest
$450
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$336
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Citizens Academy East
12523 Woodside Ave
Distance between this listing and this school0.64 miles
Public Charter Grades KG-3
3
/10
Chambers Elementary School
14121 Shaw Ave
Distance between this listing and this school0.73 miles
Public District Grades KG-6
3
/10
Mayfair Elementary School
13916 Mayfair Ave
Distance between this listing and this school0.96 miles
Public District Grades KG-6
Nearby Schools
2
/10
Iowa-Maple Elementary School
12510 Maple Ave
Distance between this listing and this school0.11 miles
Public District Grades PK-8
5
/10
Kenneth W Clement
14311 Woodworth Rd
Distance between this listing and this school0.63 miles
Public District Grades PK-8
3
/10
Lake Erie College Preparatory School
14405 Saint Clair Ave
Distance between this listing and this school0.85 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Glenville High School
650 E 113th St
Distance between this listing and this school0.78 miles
Public District Grades 9-12
2
/10
Collinwood High School
15210 Saint Clair Ave
Distance between this listing and this school1.19 miles
Public District Grades 8-12
2
/10
Shaw High School
15320 Euclid Ave
Distance between this listing and this school1.26 miles
The neighbors living near this home have an average income of $21,563. The majority of Cleveland, OH residents have income less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 12808 Gruss Ave in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 3,314 square foot home, which was built in 1912, sits on a 0.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $90,000.
Over 275 listings were sold over their listed price in October 2024 in Cleveland, OH. In the same period over 333 listings were sold below the listed price and 110 listings were sold for the listed price. The inventory of homes for sale in Cleveland, OH between September 2024 and October 2024 increased by 4.7%. In October 2024 median list price was $164,291 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.