Cash-flowing duplex is currently generating $1750/month, or $21K annually, which more than beats the 1% Rule and 10-Cap requirements. Both units are tenant-occupied. The DOWN unit is month-to-month and generates $950/month. The UP unit is leased through January 9, 2025 for $800/month.
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 2
Living Area: 2,152 SqFt
Listing Office:
Office Name: Premier Heights Realty LLC
Office Email: sophie@premierheights.com
Listing Agent: Sophie Boehlen
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:
Garage Space: 1 space
Attached Garage: No
Parking: Detached, Garage, Off Street
Lot Features
Lot Information:
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: take Superior to Addison road (North) and take a left on Edna Avenue (2nd street)
Price Information
Listing Price Info
Price Summary:
List Price: $125,000
Price Per SqFt: $58/SqFt
Tax Information:
Annual Amount: $223
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $39.2K less than the Median Sold Price and $42/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: #5077970
Listing Office:
Office Name: Premier Heights Realty LLC
Office Email: sophie@premierheights.com
Listing Agent: Sophie Boehlen
Copyright 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, 1:20:52 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
DATE
EVENT
PRICE
Apr 12, 2021
Apr 12, 2021Home Sold
$60,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$223
$2,520
2019
$206
$2,520
2018
$205
$2,520
2017
$341
$4,030
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
East Preparatory Academy
4129 Superior Ave
Distance between this listing and this school0.99 miles
Public Charter Grades KG-6
5
/10
Village Preparatory School
1415 E 36th St Fl 2
Distance between this listing and this school1.29 miles
Public Charter Grades KG-4
6
/10
Campus International School
3000 Euclid Ave
Distance between this listing and this school1.77 miles
Public District Grades KG-5
Nearby Schools
3
/10
Wade Park
7600 Wade Park Ave
Distance between this listing and this school0.61 miles
Public District Grades PK-8
5
/10
Horizon Science Academy-Cleveland Middle School
6100 S Marginal Rd
Distance between this listing and this school0.72 miles
Public Charter Grades 6-8
3
/10
Willson School
1122 Ansel Rd
Distance between this listing and this school0.86 miles
Public District Grades PK-8
Nearby Schools
4
/10
Horizon Science Academy Cleveland
6000 S Marginal Rd
Distance between this listing and this school0.75 miles
Public Charter Grades 9-12
1
/10
Health Careers Center High School
1651 E 71st St
Distance between this listing and this school0.80 miles
Public District Grades 9-12
4
/10
Nexus Academy of Cleveland
3615 Superior Ave E Bldg 44
Distance between this listing and this school1.27 miles
The neighbors living near this home have an average income of $12,203. The majority of Cleveland, OH residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 6721 Edna Ave in Cleveland, OH and zip code 44103 in the Saint Clair-Superior neighborhood. This 2,152 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $125,000.
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. Between September 2024 and October 2024, Cleveland, OH real estate market has seen increase in the number of listings by 4.7%. 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.