new - 3 days on rocket

2054 W 83rd St, Cleveland, OH, 44102

$220,000

Home List Price

$2,613*

Closing Credit

6 Bedrooms
3 Full Baths
3,314 SqFt
$66/SqFt
Multi

Location

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2054 W 83rd St, Cleveland$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingPaved
Year Built1920
HeatingForced Air, Natural Gas
CoolingOther
BasementYes
MLS #5090864
Lot Size0.11 Acres
StatusActive

About 2054 W 83rd St

Don’t miss this great investment opportunity! Featuring a front duplex and a charming house in the back, all situated on one lot in a highly desirable location. The duplex offers two spacious 2-bedroom, 1-bath units with strong rental potential. The vacant upstairs unit is currently listed for rent at $850/month, while the downstairs unit, occupied by a long-term, month-to-month tenant, generates $950/month in rental income. The single family house in the back presents a fantastic opportunity for some sweat equity—requiring work, it’s a great chance to increase your rental income. Once rehabbed, the house could easily rent for $1,000/month or more, further boosting the property's potential. With recent updates to the duplex, these units are move-in ready and offer immediate cash flow. The property is professionally managed, simplifying your investment experience. In a prime location with strong rental demand, this property is a must-see for both seasoned investors and newcomers looking to expand their portfolios. Don’t let this incredible opportunity pass you by!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 3,314 SqFt

Listing Office:

  • Office Name: Century 21 Premiere Properties, Inc.
  • Office Email: ppoffice.admin@century21.com
  • Listing Agent: Jantzen L Roth

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: Located between Madison Avenue and Lorain Avenue on W83rd street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $66/SqFt

Tax Information:

  • Annual Amount: $2,526
  • 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

2054 W 83rd St vs Cleveland

3 DAYS ON ROCKET

-38 Days

$220,000

+$54.9K More

$66/SqFt

-$35 Less

KEY TAKEAWAY

This property is $54.9K more than the Median Sold Price and $35/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: #5090864

Listing Office:

  • Office Name: Century 21 Premiere Properties, Inc.
  • Office Email: ppoffice.admin@century21.com
  • Listing Agent: Jantzen L Roth

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: 12/22/2024, 2:21:00 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

Oct 17, 2019Home Sold
$63,000
Oct 15, 2019Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,526$28,600
2019$2,339$28,600
2018$2,332$28,600
2017$2,735$32,350

History based on county public records data.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-856219
4
/10

  • Constellation Schools: Stockyard Community Elementary School

  • 3200 W 65th St

  • 0.82 miles

  • Public Charter Grades KG-6

school-card-donut-856220
5
/10

  • Louisa May Alcott Elementary School

  • 10308 Baltic Rd

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-856221
7
/10

  • Harrison Elementary School

  • 2080 Quail St

  • 1.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,170. Typical income of Cleveland, OH residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44102›2054 W 83rd St

This home is located at 2054 W 83rd St in Cleveland, OH and zip code 44102 in the Detroit-Shoreway neighborhood. This 3,314 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $220,000.

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 listings in Cleveland, OH decreased by 4.7% between October 2024 and November 2024. In November 2024 median list price was $165,015 and the average listing age was 41 days.

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

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