12 days on rocket

16404 Arcade Ave, Cleveland, OH, 44110

$150,000

Home List Price

$1,781*

Closing Credit

4 Bedrooms
2 Full Baths
2,040 SqFt
$74/SqFt
Multi

Location

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16404 Arcade Ave, Cleveland$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Garage2 spaces
Year Built1920
HeatingForced Air
CoolingNone
BasementYes
MLS #5082453
Lot Size0.14 Acres
StatusActive

About 16404 Arcade Ave

INVESTOR SPECIAL! Cash flowing duplex producing $1,800 worth of monthly rent waiting for you today! This property features long term tenants, and has had an increase of rent every year since ownership! This property has the ability to produce over $2,000 in monthly income. The property does feature updated units, leaving little to no work for the new owner! In close proximity to the RTA, hospitals, restaurants, shopping centers and more! Don't miss out on this opportunity today!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 2,040 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 333-6844
  • Listing Agent: Morgan McClain

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: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: off of Arcade Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $74/SqFt

Tax Information:

  • Annual Amount: $1,586
  • 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

16404 Arcade Ave vs Cleveland

12 DAYS ON ROCKET

-24 Days

$150,000

-$14.2K Less

$74/SqFt

-$26 Less

KEY TAKEAWAY

This property is $14.2K less than the Median Sold Price and $26/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: #5082453

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 333-6844
  • Listing Agent: Morgan McClain

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: 11/16/2024, 1:21:08 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 18, 2008Home Sold
$19,500
Nov 23, 2004Home Sold
$68,000
Sep 17, 1998Home Sold
$67,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,586$17,960
2019$4,405$17,960
2018$1,464$17,960
2017$1,338$15,820

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-107482
4
/10

  • Bella Academy of Excellence

  • 19114 Bella Dr

  • 1.19 miles

  • Public Charter Grades KG-6

school-card-donut-107483
4
/10

  • Arbor Elementary School

  • 20400 Arbor Ave

  • 1.90 miles

  • Public District Grades 1-5

school-card-donut-107484
6
/10

  • Chardon Hills STEM School

  • 1455 E 260th St

  • 2.36 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,364. The most common annual income of people living in Cleveland, OH is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44110›16404 Arcade Ave

This home is located at 16404 Arcade Ave in Cleveland, OH and zip code 44110 in the North Shore Colinwood neighborhood. This 2,040 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $150,000.

While more than 275 listings in Cleveland, OH in October 2024 were sold above asking price, there were more than 110 listings sold at asking price, and more than 333 were sold below. The number of listings in Cleveland, OH increased by 4.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 36 days, the median list price was $164,291.

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

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