25 days on rocket

13913 Svec Ave, Cleveland, OH, 44120

$44,900

Home List Price

$533*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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13913 Svec Ave, Cleveland$44,900

Buyer Closing Credits

$533*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Garage2 spaces
Year Built1920
HeatingForced Air
CoolingNone
BasementYes
MLS #5067154
Lot Size0.14 Acres
StatusActive

About 13913 Svec Ave

Calling all new real estate investors! This is your chance to jump into the booming Cleveland market with an investment property that promises consistent returns. Located just minutes from the historic Shaker Square District and Cleveland Clinic, this property is ideally positioned in an area with high demand for affordable rental housing. Here’s why this is a smart investment for you: Guaranteed Monthly Cash Flow: With an estimated monthly rent of $1,800 backed by Section 8, you’re looking at a steady income stream. That’s $21,600 annually! Affordable Investment: The total investment required is just $105,000, which makes it ideal for first-time investors looking to get a foothold in real estate without overextending their resources. High Demand Location: Cleveland’s rental market is one of the most competitive in the U.S., and properties in this neighborhood are in high demand. By investing now, you capitalize on the city’s growth while securing a solid return. Proven Rental Potential: With guaranteed Section 8 tenants and a property that’s ready for your contractor to bring to its full potential, this is the perfect BRRR (Buy, Rehab, Rent, Refinance, Repeat) opportunity. This property offers a fantastic blend of low upfront costs and high income potential—whether you're looking to grow your portfolio or start building one. This property is part of local community development initiative. The property as been cited for code violations and COMPLETE RENOVATION WITH PERMITS within 1 year of purchase is required.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Stories: 2

Listing Office:

  • Office Name: DreamTeam Realty, Inc.
  • Office Phone: (440) 941-0303
  • Listing Agent: Keirsha T Evans

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

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: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Off East 131st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $44,900

Tax Information:

  • Annual Amount: $838
  • 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

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

13913 Svec Ave vs Cleveland

25 DAYS ON ROCKET

-11 Days

$44,900

-$119.3K Less

KEY TAKEAWAY

This property is $119.3K 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: #5067154

Listing Office:

  • Office Name: DreamTeam Realty, Inc.
  • Office Phone: (440) 941-0303
  • Listing Agent: Keirsha T Evans

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: 11/5/2024, 10:20:55 PM 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$838$9,490
2019$1,485$9,490
2018$773$9,490
2017$144$10,500

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-141038
5
/10

  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 1.50 miles

  • Public District Grades PK-4

school-card-donut-141039
5
/10

  • Lomond Elementary School

  • 17917 Lomond Blvd

  • 1.67 miles

  • Public District Grades KG-4

school-card-donut-141040
6
/10

  • Fernway Elementary School

  • 17420 Fernway Rd

  • 1.75 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,938. Most Cleveland, OH residents have annual incomes less than $35k. Most families are 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

Frequently Asked Questions About 13913 Svec Ave

What is the listing price of this property?

The listing price of 13913 Svec Ave property is $44,900.

What type of property is this?

The property 13913 Svec Ave is a house located in Cleveland, Ohio, 44120.

Is this property for sale now?

Active Listing: 13913 Svec Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $838 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 13913 Svec Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 13913 Svec Ave is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 13913 Svec Ave is 1920.

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44120›13913 Svec Ave

This home is located at 13913 Svec Ave in Cleveland, OH and zip code 44120 in the Mount Pleasant neighborhood. This home, which was built in 1920, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $44,900.

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. Between September 2024 and October 2024, Cleveland, OH real estate market has seen increase in the number of listings by 4.7%. Listings spent 36 days on the market in October 2024, and had a median list price of $164,291 during the same period.

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

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