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605 E 131st St, Cleveland, OH, 44108

$65,000

Home List Price

$772*

Closing Credit

4 Bedrooms
2 Full Baths
Multi

Location

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605 E 131st St, Cleveland$65,000

Buyer Closing Credits

$772*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1918
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5086578
Lot Size0.12 Acres
StatusActive

About 605 E 131st St

This charming duplex offers an excellent opportunity to generate recurring monthly income. Each unit features 2 cozy bedrooms and 1 full bathroom, providing comfortable living spaces for tenants. The property is currently tenant-occupied, making it a turn-key investment with immediate cash flow. Don't miss out on this chance to own a duplex with potential!

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Greater Cleveland Northeast
  • Office Phone: (216) 835-4705
  • Listing Agent: Katrina Spencer

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: off of Shaw Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $65,000

Tax Information:

  • Annual Amount: $414
  • 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

605 E 131st St vs Cleveland

7 DAYS ON ROCKET

-34 Days

$65,000

-$100K Less

KEY TAKEAWAY

This property is $100K 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: #5086578

Listing Office:

  • Office Name: Keller Williams Greater Cleveland Northeast
  • Office Phone: (216) 835-4705
  • Listing Agent: Katrina Spencer

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: 12/4/2024, 3:20:52 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

Dec 01, 1998Home Sold
$24,000

Tax History

YEARPROP. TAXASSESSMENT
2020$414$4,690
2019$383$4,690
2018$382$4,690
2017$637$7,530

History based on county public records data.

Payment Calculator

$392

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$261

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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-3811573
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 0.56 miles

  • Public District Grades 3-5

school-card-donut-3811574
5
/10

  • Boulevard Elementary School

  • 1749 Lee Rd

  • 2.35 miles

  • Public District Grades KG-5

school-card-donut-3811575
4
/10

  • Oxford Elementary School

  • 939 Quilliams Rd

  • 2.46 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,931. Most Cleveland, OH residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44108›605 E 131st St

This home is located at 605 E 131st St in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This home, which was built in 1918, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $65,000.

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. In November 2024 in Cleveland, OH there were 4.7% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $165,015, while the average time on the real estate market was 41 days.

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

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