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Backup Offers

3745 E 71st St, Cleveland, OH, 44105

$120,000

Home List Price

$1,425*

Closing Credit

6 Bedrooms
2 Full Baths
4,520 SqFt
$27/SqFt
Multi
Schools Nearby

Location

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3745 E 71st St, Cleveland$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Detached, Garage
Garage2 spaces
Year Built1900
HeatingElectric, Forced Air
CoolingNone
BasementYes
MLS #5038596
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Contingent)

About 3745 E 71st St

RARE Side by side duplex that is a cash Cow & * LEAD CERTIFIED! * Each side features 3 stories with a traditional townhome layout with 3 bedrooms, 1 bathroom nearly 1500 sq ft of space and private attics and basements. Currently only 1 unit is occupied at $1157/ mo by CMHA. The other unit is vacant and ready to be placed. The units have been updated with new kitchen cabinets, Full bathroom upgrades that include tiled showers, paint, new carpet and many other upgrades. Tenants pay all utilities with the exception of water and sewer. The roof was just replaced in 2023 and 1 hot water tank is new. The corner lot provides alot of greenspace and the the large 2 car garage offers covered parking. It is located near the broadway shoppes and just 20 minutes from Cleveland Clinics main campus. Great opportunity for high cashflow and double digit returns.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 4,520 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: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: South of broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $27/SqFt

Tax Information:

  • Annual Amount: $1,799
  • 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

$157.3K

Med. Price/SqFt

$95

Avg. Days On Market

41

# of Sold Homes

722

3745 E 71st St vs Cleveland

15 DAYS ON ROCKET

-26 Days

$120,000

-$37.3K Less

$27/SqFt

-$68 Less

KEY TAKEAWAY

This property is $37.3K less than the Median Sold Price and $68/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: #5038596

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: 6/1/2024, 5:20:37 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

Aug 25, 1997Home Sold
$46,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,799$20,370
2019$1,666$20,370
2018$1,661$20,370
2017$1,053$12,460

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-6102109
5
/10

  • Constellation Schools: Eastside Arts Academy

  • 6804 Lansing Ave

  • 0.37 miles

  • Public Charter Grades KG-5

school-card-donut-6102110
3
/10

  • Village Preparatory School:: Woodland Hills Campus

  • 9201 Crane Ave

  • 0.96 miles

  • Public Charter Grades KG-3

school-card-donut-6102111
8
/10

  • Cuyahoga Hts Elementary School

  • 4880 E 71st St

  • 2.12 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,750. Typical income of Cleveland, OH residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›3745 E 71st St

This home is located at 3745 E 71st St in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This 4,520 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $120,000.

In April 2024 more than 284 listings in Cleveland, OH were sold above the asking price. During the same period more than 94 listings were sold at asking price, while more than 344 were sold below. Between March 2024 and April 2024, Cleveland, OH real estate market has seen decrease in the number of listings by 1.2%. The median list price of listings available in April 2024 was $157,362, 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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