2 months on rocket

7018 Ivy Ave, Cleveland, OH, 44127

$84,999

Home List Price

$1,009*

Closing Credit

4 Bedrooms
2 Full Baths
2,512 SqFt
$34/SqFt
Multi

Location

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7018 Ivy Ave, Cleveland$84,999

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingGarage
Garage1 space
Year Built1900
HeatingForced Air
CoolingNone
BasementYes
MLS #5067246
Lot Size0.10 Acres
StatusActive

About 7018 Ivy Ave

Calling all investors! Rent ready duplex. This property offers an incredible opportunity for both savvy investors and those looking for a multi-family home with rental income potential. Rent out both units for an excellent opportunity to generate steady rental income of fair market rents to bring in around $850+/unit. Current taxes are just $876/year. Each unit has two beds and 1 bath. Both units are rent ready with updates that include hot water tanks, new carpet, new paint and a less than 5 year old roof. If you are looking for CASH flow THIS is it.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,512 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

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: Garage

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: 480 West - exit 23 to broadway. Right on fleet ave left on ivy ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,999
  • Price Per SqFt: $34/SqFt

Tax Information:

  • Annual Amount: $864
  • 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

7018 Ivy Ave vs Cleveland

77 DAYS ON ROCKET

+41 Days

$84,999

-$79.2K Less

$34/SqFt

-$66 Less

KEY TAKEAWAY

This property is $79.2K less than the Median Sold Price and $66/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: #5067246

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

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: 11/22/2024, 4:20:52 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

Jan 20, 2004Home Sold
$31,000

Tax History

YEARPROP. TAXASSESSMENT
2020$864$9,910
2019$799$9,910
2018$796$9,910
2017$633$7,600

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-515441
5
/10

  • Constellation Schools: Eastside Arts Academy

  • 6700 Lansing Ave

  • 0.85 miles

  • Public Charter Grades KG-6

school-card-donut-515442
8
/10

  • Cuyahoga Hts Elementary School

  • 4880 E 71st St

  • 2.60 miles

  • Public District Grades PK-5

school-card-donut-515443
2
/10

  • Stepstone Academy

  • 3328 Carnegie Ave

  • 2.79 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,065. The majority of Cleveland, OH residents have income less than $35k annually. The most common type of family is 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›44127›7018 Ivy Ave

This home is located at 7018 Ivy Ave in Cleveland, OH and zip code 44127 in the Broadway-Slavic village neighborhood. This 2,512 square foot home, which was built in 1900, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $84,999.

Over 275 listings were sold over their listed price in October 2024 in Cleveland, OH. In the same period over 333 listings were sold below the listed price and 110 listings were sold for the listed price. In October 2024 in Cleveland, OH there were 4.7% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $164,291, while the average time on the real estate market was 36 days.

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

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