new - 16 hours on rocket

726 E 117th St, Cleveland, OH, 44108

$89,000

Home List Price

$1,057*

Closing Credit

6 Bedrooms
2 Full Baths
1,568 SqFt
$57/SqFt
Multi

Location

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726 E 117th St, Cleveland$89,000

Buyer Closing Credits

$1,057*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Site
Year Built1918
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5079489
Lot Size0.10 Acres
StatusActive

About 726 E 117th St

Investor’s Dream in Cleveland – Spacious Duplex with Income Potential! Attention investors! Don’t miss this opportunity at 726 E 117th St, Cleveland – a spacious duplex ready for your finishing touches. This property is a blank canvas with endless potential, perfect for maximizing rental income, including Section 8 tenants. The first unit offers 2 bedrooms, ideal for smaller households, while the second unit boasts 4 bedrooms, making it highly attractive to larger families. With both units, you have the potential to create a high-demand rental property in an area that benefits from strong rental yields. Bring your vision and turn this property into a cash cow! With a little work, this duplex can be transformed into a steady income producer, ideal for Section 8 housing or long-term tenants. Located in an area with access to public transportation, schools, and local amenities, it’s perfectly positioned for high occupancy rates. Whether you’re looking to grow your portfolio or start a new investment project, this property offers great value with massive potential. Schedule your viewing today and make this gem yours!

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Living Area: 1,568 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: On Site

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Off St. Clair Ave. by Forest Hill Parkway

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,000
  • Price Per SqFt: $57/SqFt

Tax Information:

  • Annual Amount: $455
  • 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

$162.8K

Med. Price/SqFt

$99

Avg. Days On Market

35

# of Sold Homes

662

726 E 117th St vs Cleveland

1 DAY ON ROCKET

-34 Days

$89,000

-$73.8K Less

$57/SqFt

-$42 Less

KEY TAKEAWAY

This property is $73.8K 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: #5079489

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

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: 10/22/2024, 1:20:57 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

Dec 05, 2019Home Sold
$58,500
Dec 05, 2019Home Sold
$74,400
Sep 26, 2018Home Sold
$56,900
Aug 07, 2018Home Sold
$20,000
Nov 16, 2005Home Sold
$94,900
Apr 30, 2004Home Sold
$28,000
Jul 11, 2003Home Sold
$36,667
Mar 06, 2000Home Sold
$79,000

Tax History

YEARPROP. TAXASSESSMENT
2020$455$5,150
2019$1,043$5,150
2018$1,353$5,150
2017$654$7,740

History based on county public records data.

Payment Calculator

$512

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$333

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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-590801
3
/10

  • Citizens Academy East

  • 12523 Woodside Ave

  • 0.41 miles

  • Public Charter Grades KG-3

school-card-donut-590802
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.01 miles

  • Public District Grades KG-6

school-card-donut-590803
3
/10

  • Chambers Elementary School

  • 14121 Shaw Ave

  • 1.12 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,263. 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 post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44108›726 E 117th St

This home is located at 726 E 117th St in Cleveland, OH and zip code 44108 in the Glenville neighborhood. This 1,568 square foot home, which was built in 1918, sits on a 0.10 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $89,000.

While more than 235 listings in Cleveland, OH in September 2024 were sold above asking price, there were more than 101 listings sold at asking price, and more than 326 were sold below. The inventory of homes for sale in Cleveland, OH between August 2024 and September 2024 decreased by 0.5%. In September 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $162,897.

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

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