2 months on rocket

3741 E 118th St, Cleveland, OH, 44105

$99,999

Home List Price

$1,187*

Closing Credit

7 Bedrooms
3 Full Baths
Multi

Location

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3741 E 118th St, Cleveland$99,999

Buyer Closing Credits

$1,187*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway
Year Built1925
HeatingForced Air
CoolingOther
BasementYes
MLS #5074708
Lot Size0.11 Acres
StatusActive

About 3741 E 118th St

Massive money maker. $2,600/mo in income potential. Email agent for market rent roll & video tour along with complete investment analysis, drone footage & information on the mechanical systems of the building. Local & out of state investors welcome!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 2

Listing Office:

  • Office Name: The Holton-Wise Property Group LLC
  • Office Email: Sales@holtonwise.com
  • Listing Agent: James P Wise

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Other

Other

Directions Information:

  • Directions: Two streets East of the Union Ave & E 116th St intersection

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,999

Tax Information:

  • Annual Amount: $1,005
  • 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

3741 E 118th St vs Cleveland

76 DAYS ON ROCKET

+35 Days

$99,999

-$65K Less

KEY TAKEAWAY

This property is $65K 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: #5074708

Listing Office:

  • Office Name: The Holton-Wise Property Group LLC
  • Office Email: Sales@holtonwise.com
  • Listing Agent: James P Wise

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: 12/18/2024, 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

Jan 03, 2008Home Sold
$18,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,005$11,380
2019$931$11,380
2018$928$11,380
2017$1,140$13,480

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-4338606
2
/10

  • Smart Academy

  • 4351 E 131st St

  • 1.22 miles

  • Public Charter Grades KG-4

school-card-donut-4338607
5
/10

  • Onaway Elementary School

  • 3115 Woodbury Rd

  • 1.92 miles

  • Public District Grades PK-4

school-card-donut-4338608
4
/10

  • Boulevard Elementary School

  • 14900 Drexmore Rd

  • 2.04 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,368. The majority of Cleveland, OH residents have income less than $35k annually. The most common type of family is 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›44105›3741 E 118th St

This home is located at 3741 E 118th St in Cleveland, OH and zip code 44105 in the Union-Rice neighborhood. This home, which was built in 1925, sits on a 0.11 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $99,999.

In November 2024 more than 223 listings in Cleveland, OH were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 310 were sold below. The inventory of homes for sale in Cleveland, OH between October 2024 and November 2024 decreased by 4.7%. Listings spent 41 days on the market in November 2024, and had a median list price of $165,015 during the same period.

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

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