5 months on rocket

1853 Mannering Rd, Cleveland, OH, 44112

$140,000

Home List Price

$1,663*

Closing Credit

5 Bedrooms
3 Full Baths
2,970 SqFt
$47/SqFt
Multi

Location

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1853 Mannering Rd, Cleveland$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingUnpaved
Garage2 spaces
Year Built1919
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5044374
Lot Size0.13 Acres
StatusActive

About 1853 Mannering Rd

Triplex property... Investors! Three unit house is a cash flowing machine! Gross rent of $2,750/month or $33,000/year, for a 24% ROI, Brand new Furnaces and Hot water tanks. Minor repairs needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 24% ROI

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Stories: 3
  • Living Area: 2,970 SqFt

Listing Office:

  • Office Name: USRealty.com LLP
  • Office Email: info@usrealty.com
  • Listing Agent: Marie Bowe

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Euclid Ave to Mannering Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $47/SqFt

Tax Information:

  • Annual Amount: $733
  • 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

1853 Mannering Rd vs Cleveland

163 DAYS ON ROCKET

+127 Days

$140,000

-$24.2K Less

$47/SqFt

-$53 Less

KEY TAKEAWAY

This property is $24.2K less than the Median Sold Price and $53/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: #5044374

Listing Office:

  • Office Name: USRealty.com LLP
  • Office Email: info@usrealty.com
  • Listing Agent: Marie Bowe

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: 11/17/2024, 8:20:54 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

Dec 10, 2018Home Sold
$59,900
Jun 21, 2017Home Sold
$12,260
Oct 30, 2000Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$733$8,300
2019$679$8,300
2018$676$8,300
2017$1,018$12,150

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-398898
4
/10

  • Oxford Elementary School

  • 939 Quilliams Rd

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-398899
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.57 miles

  • Public District Grades 3-5

school-card-donut-398900
5
/10

  • Noble Elementary School

  • 1293 Ardoon St

  • 1.90 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 $43,000. Most Cleveland, OH residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44112›1853 Mannering Rd

This home is located at 1853 Mannering Rd in Cleveland, OH and zip code 44112 in the Colonial Heights neighborhood. This 2,970 square foot home, which was built in 1919, sits on a 0.13 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $140,000.

In October 2024, from all listings sold in Cleveland, OH there were more than 275 sold above asking price, over 333 sold below and more than 110 were sold right at the asked price. The inventory of homes for sale in Cleveland, OH between September 2024 and October 2024 increased 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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