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Backup Offers

872 Rondel Rd, Cleveland, OH, 44110

$80,000

Home List Price

$950*

Closing Credit

4 Bedrooms
2 Full Baths
2,880 SqFt
$28/SqFt
Multi

Location

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872 Rondel Rd, Cleveland$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingPaved
Year Built1915
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5079435
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Contingent)

About 872 Rondel Rd

Attention investors—both local and out of state or country! This affordable, turnkey duplex is fully occupied and offers a fantastic addition to any portfolio or a smooth start for first-time investors. This aluminum-sided property was cosmetically updated approximately five years ago and features spacious, desirable 2-bedroom units ideal for comfortable living. Each unit includes large, well-lit rooms, decorative fireplaces, and a layout that tenants love. Quality tenants are in place, and professional management can continue if preferred. Current leases are month-to-month, and there is potential to adjust rents to align with the area’s market, estimated closer to $950 per month. Owner covers water and sewer, while tenants handle gas and electric—ideal for optimizing investment returns. Situated on a quiet street. Each unit has separate furnaces and water heaters, and the full basement includes washer/dryer hookups. Proof of funds or pre-approval required before all showings with notice and an acceptable offer. Don’t miss this ready-made income property! NO WHOLESALERS

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Stories: 2
  • Living Area: 2,880 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

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: Paved

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Off Rondel

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $28/SqFt

Tax Information:

  • Annual Amount: $1,288
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$165K

Med. Price/SqFt

$100

Avg. Days On Market

41

# of Sold Homes

629

872 Rondel Rd vs Cleveland

39 DAYS ON ROCKET

-2 Days

$80,000

-$85K Less

$28/SqFt

-$73 Less

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $73/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: #5079435

Listing Office:

  • Office Name: Coldwell Banker Schmidt Realty
  • Office Phone: (216) 210-7653
  • Listing Agent: Christopher A Frederick

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: 12/18/2024, 8:21:05 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

Jul 24, 2019Home Sold
$35,000
Jul 23, 2014Home Sold
$22,500
Feb 20, 2013Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,288$14,770
2019$1,209$14,780
2018$1,205$14,780
2017$1,341$15,860

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-4461942
3
/10
  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.79 miles

  • Public District Grades 3-5

school-card-donut-4461943
4
/10
  • Oxford Elementary School

  • 939 Quilliams Rd

  • 1.94 miles

  • Public District Grades KG-5

school-card-donut-4461944
4
/10
  • Bella Academy of Excellence

  • 19114 Bella Dr

  • 2.07 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,773. Residents of Cleveland, OH typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesOhioCuyahoga CountyCleveland44110872 Rondel Rd

This home is located at 872 Rondel Rd in Cleveland, OH and zip code 44110 in the Collinwood Nottingham neighborhood. This 2,880 square foot home, which was built in 1915, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $80,000.

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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