3700 E 153rd StreetCleveland, OH 44120

3700 E 153rd StreetCleveland, OH 44120

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$104,900 Pending
Multi Unit - Multiple MLS 5196684 Pending
7 beds 2 full baths 2,625 sqft

Listed By

Agency Name: Keller Williams Living
Agency Contact: alexistherea@gmail.com, 216-543-2083

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Investor special with strong cash flow potential, this duplex features two separate units and additional value-add opportunity. The first-floor unit offers 4 bedrooms and 1 bathroom, while the second-floor unit includes 3 bedrooms and 1 bathroom along with access to a large unfinished attic that presents the opportunity to create additional living space and increase rental income. Both units offer solid layouts and are ready for improvements and stabilization, making this an ideal project for an investor looking to add value. Projected Section 8 rental potential reaches up to $1,762/month for the 3-bedroom unit and $1,875/month for the 4-bedroom unit, offering a combined potential of $3,600+/month. Additional features include a clean, dry basement and detached garage. Major mechanicals are older, providing an opportunity to update and further increase equity. Conveniently located near schools, parks, and major highways, this property is ideal for investors looking to build cash flow, increase equity, and maximize long-term returns. This is As-Is.

3700 E 153rd Street | MLS# 5196684

This multi-family property located at 3700 E 153rd Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $104,900. E 153rd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 1009fairoaksavenuesw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Days on Market: 5
Garage: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,872 / year
Year Built: 1925

Feature Descriptions

Exterior: Aluminum Siding
Parcel#: 139-19-041
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3700 E 153rd Street, Cleveland, OH 44120
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 725.33 per month $538.74 Principal & Interest $156.00 Property Tax $30.60 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage