1 month on rocket

3806 E 55th St, Cleveland, OH, 44105

$85,000

Home List Price

$1,009*

Closing Credit

4 Bedrooms
3 Full Baths
2,650 SqFt
$32/SqFt
Multi

Location

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3806 E 55th St, Cleveland$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1890
HeatingForced Air
CoolingNone
BasementYes
MLS #5072414
Lot Size0.09 Acres
StatusActive

About 3806 E 55th St

Looking for a fantastic investment opportunity? Look no further. This property has great cash flow coming in from its 3 units. Recorded with the county as a duplex, but it comes with an efficiency suite for added income - complete with a kitchen, full bathroom, and electric heating. All units are on separate meters. All units are currently occupied and are bringing in $1,550 each month. Tenants are on month- to-month leases. Additional information and pictures available upon request. Legal/Taxes

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2
  • Living Area: 2,650 SqFt

Listing Office:

  • Office Name: Redfin Real Estate Corporation
  • Office Phone: (440) 487-1400
  • Listing Agent: Gerald Quade

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Off Fleet

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $32/SqFt

Tax Information:

  • Annual Amount: $1,704
  • 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

3806 E 55th St vs Cleveland

43 DAYS ON ROCKET

+7 Days

$85,000

-$79.2K Less

$32/SqFt

-$68 Less

KEY TAKEAWAY

This property is $79.2K less than the Median Sold Price and $68/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: #5072414

Listing Office:

  • Office Name: Redfin Real Estate Corporation
  • Office Phone: (440) 487-1400
  • Listing Agent: Gerald Quade

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

Listing History

Oct 31, 2002Home Sold
$75,500
Oct 28, 1998Home Sold
$46,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,704$19,290
2019$1,578$19,290
2018$1,573$19,290
2017$1,720$20,340

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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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-2133859
5
/10

  • Constellation Schools: Eastside Arts Academy

  • 6804 Lansing Ave

  • 0.48 miles

  • Public Charter Grades KG-5

school-card-donut-2133860
3
/10

  • Village Preparatory School:: Woodland Hills Campus

  • 9201 Crane Ave

  • 1.62 miles

  • Public Charter Grades KG-3

school-card-donut-2133861
8
/10

  • Cuyahoga Hts Elementary School

  • 4880 E 71st St

  • 1.99 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 $32,647. Most Cleveland, OH residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›3806 E 55th St

This home is located at 3806 E 55th St in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This 2,650 square foot home, which was built in 1890, sits on a 0.09 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $85,000.

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 number of homes for sale in Cleveland, OH increased by 4.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 36 days, the median list price was $164,291.

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

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