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2875 E 111th St, Cleveland, OH, 44104

$159,900

Home List Price

$1,899*

Closing Credit

1 Bedroom
4 Full Baths
Multi

Location

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2875 E 111th St, Cleveland$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingDriveway, Detached, Garage
Garage4 spaces
Year Built1920
HeatingForced Air
CoolingNone
BasementYes
MLS #5079406
Lot Size0.30 Acres
StatusActive

About 2875 E 111th St

An Investors Dream! Welcome to this beautifully maintained 4-unit apartment building! Three of the four units have been renovated and feature spacious layouts with abundant natural light, updated kitchens, and modern bathrooms. The property boasts well-landscaped grounds, offering a serene outdoor space for residents to enjoy. The fourth unoccupied unit presents an excellent opportunity for additional rental income or customization to your specifications. The building has been well-maintained, with a newer roof and systems that ensure a hassle-free investment. With a strong rental history and low maintenance requirements, this property is perfect for both seasoned investors and first-time buyers looking to enter the rental market. The building comes with the lot next door as well. This building is conveniently located near shopping and public transportation and offers easy access to everything your tenants need. Don't miss this opportunity to own a meticulously cared-for property in a sought-after area!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (216) 659-2110
  • Listing Agent: Qyana Kendricks

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Buckeye Ave. to East 111th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900

Tax Information:

  • Annual Amount: $2,645
  • 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

$162.8K

Med. Price/SqFt

$99

Avg. Days On Market

35

# of Sold Homes

662

2875 E 111th St vs Cleveland

1 DAY ON ROCKET

-34 Days

$159,900

-$2.9K Less

KEY TAKEAWAY

This property is $2.9K 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: #5079406

Listing Office:

  • Office Name: HomeSmart Real Estate Momentum LLC
  • Office Phone: (216) 659-2110
  • Listing Agent: Qyana Kendricks

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: 10/22/2024, 1:20:57 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

Apr 14, 2004Home Sold
$121,000
Sep 26, 2001Home Sold
$106,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,645$25,590
2019$2,489$25,590
2018$2,427$25,590
2017$2,678$26,570

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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.

Nearby Schools

school-card-donut-584638
3
/10

  • Phoenix Village Academy Primary 2

  • 12601 Shaker Blvd

  • 0.72 miles

  • Public Charter Grades 3-6

school-card-donut-584639
6
/10

  • Roxboro Elementary School

  • 2405 Roxboro Rd

  • 1.36 miles

  • Public District Grades KG-5

school-card-donut-584640
3
/10

  • Village Preparatory School:: Woodland Hills Campus

  • 9201 Crane Ave

  • 1.42 miles

  • Public Charter Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,591. Residents of Cleveland, OH typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44104›2875 E 111th St

This home is located at 2875 E 111th St in Cleveland, OH and zip code 44104 in the Buckeye-Woodhill neighborhood. This home, which was built in 1920, sits on a 0.30 acre lot. Features: 1 bedroom, 4 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $159,900.

In September 2024 more than 235 listings in Cleveland, OH were sold above the asking price. During the same period more than 101 listings were sold at asking price, while more than 326 were sold below. The number of homes for sale in Cleveland, OH decreased by 0.5% between August 2024 and September 2024. In September 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $162,897.

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

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