14 days on rocket

2227 E 85th St, Cleveland, OH, 44106

$174,900

Home List Price

$2,077*

Closing Credit

6 Bedrooms
3 Full Baths
1,792 SqFt
$98/SqFt
Multi
Schools Nearby

Location

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2227 E 85th St, Cleveland$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Site
Year Built1910
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5031675
Lot Size0.09 Acres
StatusActive

About 2227 E 85th St

Renovated duplex on the doorstep of the world renowned Cleveland Clinic! This hands free, cash-flowing investment is 100% occupied meaning a new owner will be seeing immediate returns. The downstairs unit has 2 beds and 1 bath and is currently renting for $900/month on a lease that expires 4/30/25. The upstairs unit, with 4 beds and 2 baths, is currently rented under market for $1,050/month on a month to month basis. The property is also Lead Safe Certified - one less thing to worry about for a prospective new owner! Tenants are responsible for individual gas and electric bills, while water/sewer is covered by the owner. The owner also takes care of grass cutting, but snow removal is the tenant's responsibility. Perfect mid-term rental opportunity for traveling nurses, doctors, students due to proximity of the Cleveland Clinic Main Campus! Auditor's website states 5 total bedrooms and 2 bathrooms but the owner states that there are 6 total bedrooms and 3 bathrooms.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 1,792 SqFt

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (216) 870-8687
  • Listing Agent: Tal Tamir

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: On Site

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: West of E 105th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $174,900
  • Price Per SqFt: $98/SqFt

Tax Information:

  • Annual Amount: $1,533
  • 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

2227 E 85th St vs Cleveland

14 DAYS ON ROCKET

-27 Days

$174,900

+$17.5K More

$98/SqFt

+$3 More

KEY TAKEAWAY

This property is $17.5K more than the Median Sold Price and $3/SqFt more than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5031675

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (216) 870-8687
  • Listing Agent: Tal Tamir

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: 5/2/2024, 8:20:39 PM 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$1,533$17,570
2019$1,418$17,570
2018$1,413$17,570
2017$1,425$17,080

History based on county public records data.

Payment Calculator

$940

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-4949990
3
/10

  • Cleveland School of Arts Lower Campus

  • 2501 E 61st St

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-4949991
3
/10

  • Phoenix Village Academy Primary 2

  • 12601 Shaker Blvd

  • 1.91 miles

  • Public Charter Grades 3-6

school-card-donut-4949992
2
/10

  • Stepstone Academy

  • 2121 E 32nd St

  • 1.92 miles

  • Public Charter Grades KG-2

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,000. The majority of Cleveland, OH residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44106›2227 E 85th St

This home is located at 2227 E 85th St in Cleveland, OH and zip code 44106 in the Fairfax neighborhood. This 1,792 square foot home, which was built in 1910, sits on a 0.09 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $174,900.

In April 2024, from all listings sold in Cleveland, OH there were more than 284 sold above asking price, over 344 sold below and more than 94 were sold right at the asked price. The number of listings in Cleveland, OH decreased by 1.2% between March 2024 and April 2024. While the average time on the market in April 2024 was 41 days, the median list price was $157,362.

From Rocket Homes Real Estate and based on county public records data.

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