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Backup Offers

7917 Linwood Ave, Cleveland, OH, 44103

$220,000

Home List Price

$2,613*

Closing Credit

8 Bedrooms
4 Full Baths
Multi

Location

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7917 Linwood Ave, Cleveland$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDetached, Garage
Garage4 spaces
Year Built1900
HeatingHot Water, Steam
CoolingNone
BasementYes
MLS #5075734
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Contingent)

About 7917 Linwood Ave

Prime Investment Opportunity: Fully Occupied Four-Plex Near Cleveland Clinic & University Hospital Attention investors! Don’t miss out on this exceptional investment property located in one of Cleveland’s most desirable rental markets. This fully occupied four-plex is situated in the heart of a high-demand area, just minutes away from two of the city’s largest economic drivers: Cleveland Clinic and University Hospitals. With a strong, consistent rental history and a prime location, this property is a rare find in a neighborhood where vacancies are virtually nonexistent. Location, Location, Location Nestled between major healthcare institutions, universities, and a bustling urban core, this property guarantees tenant demand year-round. Whether it’s professionals working at the Cleveland Clinic, medical students, or university staff, the proximity to top-tier facilities ensures a steady stream of qualified tenants. You’re also near downtown Cleveland, offering easy access to cultural attractions, entertainment, fine dining, and shopping. Public transportation is readily available, with nearby bus routes and rapid transit stations connecting tenants to the greater Cleveland area. For those commuting by car, major freeways like I-90, I-71, and I-77 are only minutes away, making it convenient to get anywhere in the city and beyond. Why This Four-Plex? • Fully occupied units with strong cash flow and low turnover. • The property is in a highly desirable area known for steady rental income. • Located near two of the nation’s top medical centers, ensuring long-term demand. • Invest with confidence in a property that is already delivering a healthy return and has room for future rent growth, given the premium location.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (216) 333-2245
  • Listing Agent: Gisel Palacios

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Steam
  • Cooling: None

Other

Directions Information:

  • Directions: From I-90 East or West: 1. Take Exit 169 for E 55th St. 2. Merge onto E 55th St heading south. 3. Continue on E 55th St for about 1.5 miles. 4. Turn right onto Superior Ave. 5. Continue for about 0.7 miles, then turn left onto E 79th St. 6. Drive for 0.5 miles and turn right onto Linwood Ave. 7. The destination, 7917 Linwood Ave, will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000

Tax Information:

  • Annual Amount: $1,860
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

7917 Linwood Ave vs Cleveland

29 DAYS ON ROCKET

-7 Days

$220,000

+$55.7K More

KEY TAKEAWAY

This property is $55.7K more 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: #5075734

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (216) 333-2245
  • Listing Agent: Gisel Palacios

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, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,860$17,890
2019$1,750$17,890
2018$1,707$17,890
2017$658$6,480

History based on county public records data.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-1988268
5
/10
  • East Preparatory Academy

  • 4129 Superior Ave

  • 1.47 miles

  • Public Charter Grades KG-6

school-card-donut-1988269
3
/10
  • Cleveland School of Arts Lower Campus

  • 2501 E 61st St

  • 1.67 miles

  • Public District Grades PK-5

school-card-donut-1988270
5
/10
  • Village Preparatory School

  • 1415 E 36th St Fl 2

  • 1.76 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,815. The most common annual income of people living in Cleveland, OH is less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesOhioCuyahoga CountyCleveland441037917 Linwood Ave

This home is located at 7917 Linwood Ave in Cleveland, OH and zip code 44103 in the Hough neighborhood. This home, which was built in 1900, sits on a 0.11 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $220,000.

Cleveland, OH housing market in October 2024 saw over 275 listings sold above listed price, more than 110 sold at listed price and over 333 sold below. 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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