8 days on rocket

2958 E 71st St, Cleveland, OH, 44104

$230,000

Home List Price

$2,731*

Closing Credit

10 Bedrooms
4 Full Baths
3,814 SqFt
$60/SqFt
Multi

Location

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2958 E 71st St, Cleveland$230,000

Buyer Closing Credits

$2,731*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNo Garage, Paved, Shared Driveway
Year Built1920
HeatingForced Air, Natural Gas, Hot Water, Radiant, Steam
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
MLS #5079968
Lot Size0.13 Acres
StatusActive

About 2958 E 71st St

Fantastic Investment Opportunity – Two Homes on One Lot with Bonus Vacant Lot! Don’t miss this rare opportunity to own two homes on a single lot, plus a vacant lot next door ready for new development. Whether you're looking to generate rental income or expand, this property offers incredible flexibility and potential! Front Duplex: Updated and tenant-ready! Freshly painted with modern flooring throughout. Furnace installed in 2024, Updated plumbing, including new pipes, fixtures, and drains. Basement bath in one unit fully updated. Back House: Flexible layout – convert into two units or use as a single-family home. Brand-new roof installed in 2024 for peace of mind. The bonus vacant lot offers the possibility to build an additional structure, creating even more value. Whether you're an investor or a homeowner looking for a multi-unit opportunity, this property has it all!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 3,814 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Email: oh.broker@exprealty.net
  • Listing Agent: Shannon M Pansmith

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: No Garage, Paved, Shared Driveway

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Hot Water, Radiant, Steam
  • Cooling: Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: Kinsman Rd to E 71st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $230,000
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $612
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

2958 E 71st St vs Cleveland

8 DAYS ON ROCKET

-28 Days

$230,000

+$65.7K More

$60/SqFt

-$40 Less

KEY TAKEAWAY

This property is $65.7K more than the Median Sold Price and $40/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: #5079968

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Email: oh.broker@exprealty.net
  • Listing Agent: Shannon M Pansmith

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, 8:20:55 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$612$6,930
2019$566$6,930
2018$565$6,930
2017$725$8,580

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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-35080
3
/10
  • Cleveland School of Arts Lower Campus

  • 2501 E 61st St

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-35081
3
/10
  • Village Preparatory School:: Woodland Hills Campus

  • 9201 Crane Ave

  • 1.40 miles

  • Public Charter Grades KG-3

school-card-donut-35082
5
/10
  • Constellation Schools: Eastside Arts Academy

  • 6804 Lansing Ave

  • 1.80 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,200. Residents of Cleveland, OH typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesOhioCuyahoga CountyCleveland441042958 E 71st St

This home is located at 2958 E 71st St in Cleveland, OH and zip code 44104 in the Kinsman neighborhood. This 3,814 square foot home, which was built in 1920, sits on a 0.13 acre lot. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $230,000.

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. In October 2024 in Cleveland, OH there were 4.7% more homes for sale than in September 2024. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $164,291.

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

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