4 months on rocket

1045 E 71st, Cleveland, OH, 44103

$49,900

Home List Price

$593*

Closing Credit

6 Bedrooms
5 Full Baths
4,680 SqFt
$11/SqFt
Multi
Schools Nearby

Location

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1045 E 71st, Cleveland$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned
Year Built1920
HeatingNatural Gas
CoolingOther
MLS #5008168
Lot Size0.12 Acres
StatusActive

About 1045 E 71st

Attention All Investors looking for an affordable 6 suite all brick building that is in need of a rehab in a quality location where many properties on the street/area are being upgraded/rehabbed...Get in while the prices are reasonable! Here is your next project...Bring this exceptional building back to life with the original charm & modern updates and will have strong cash flow (rents have increased approx 35% to 40% in the last 3 years with full occupancy/great demand). This is a heavy rehab from the studs up. Great design. Improving location. Huge demand for rentals. Current owner is out of state and can not find the time to complete the project...Great opportunity for the next investor. Call today for details and a personal tour.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 4,680 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: St. Clair To 71st

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $11/SqFt
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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

1045 E 71st vs Cleveland

133 DAYS ON ROCKET

+92 Days

$49,900

-$107.4K Less

$11/SqFt

-$84 Less

KEY TAKEAWAY

This property is $107.4K less than the Median Sold Price and $84/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: #5008168

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: 5/3/2024, 6:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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NMLS#3030

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-5537203
5
/10

  • East Preparatory Academy

  • 4129 Superior Ave

  • 1.37 miles

  • Public Charter Grades KG-6

school-card-donut-5537204
5
/10

  • Village Preparatory School

  • 1415 E 36th St Fl 2

  • 1.65 miles

  • Public Charter Grades KG-4

school-card-donut-5537205
6
/10

  • Campus International School

  • 3000 Euclid Ave

  • 2.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,281. Residents of Cleveland, OH typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44103›1045 E 71st

This home is located at 1045 E 71st in Cleveland, OH and zip code 44103 in the Saint Clair-Superior neighborhood. This 4,680 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $49,900.

While more than 284 listings in Cleveland, OH in April 2024 were sold above asking price, there were more than 94 listings sold at asking price, and more than 344 were sold below. The number of listings in Cleveland, OH decreased by 1.2% between March 2024 and April 2024. 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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