2 months on rocket

3515 E 80th St, Cleveland, OH, 44105

$54,000

Home List Price

$641*

Closing Credit

4 Bedrooms
1 Full Bath
Multi
Schools Nearby

Location

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3515 E 80th St, Cleveland$54,000

Buyer Closing Credits

$641*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1890
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5016127
Lot Size0.12 Acres
StatusActive

About 3515 E 80th St

Attention Investors! This vacant duplex in the up and coming Slavic Village neighborhood presents an excellent opportunity to generate rental income and build equity. The investment property, features 4 bedrooms and 2 bathrooms, with 1,790s sq ft of living space spread across two units. Located on a quiet street close to the famous Union Avenue, this property offers easy access to all that Cleveland has to offer. Recent revitalization efforts in Slavic Village have seen rising property values and increasing demand for rentals, making this an ideal investment for the savvy investor. Both units are currently vacant, allowing you to customize them to your desired rental strategy. Currently the Cuyahoga Metropolitan Housing Authority is paying Section 8 rents as follows: $1,329 first floor $1,329 second floor $2,658 TOTAL RENTS We estimate it will take 10k to get the property rent-able. Downstairs water damaged flooring can be removed and lay durable vinyl throughout. Paint the cabinets, and it's about rent-ready. Upstairs needs quarter inch drywall installed on top of the damaged drywall, and vinyl floors throughout. Don't miss out on this chance to own a piece of a growing neighborhood! Contact us today for more information and a private showing.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2

Listing Office:

  • Office Name: USRealty.com LLP
  • Office Email: info@usrealty.com
  • Listing Agent: Marie Bowe

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: 3515 E 80th St Cleveland, OH 44105 Just south off Union Ave. South Broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $54,000

Tax Information:

  • Annual Amount: $626
  • 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

$157.2K

Med. Price/SqFt

$95

Avg. Days On Market

45

# of Sold Homes

634

3515 E 80th St vs Cleveland

80 DAYS ON ROCKET

+35 Days

$54,000

-$103.2K Less

KEY TAKEAWAY

This property is $103.2K less than the Median Sold Price in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5016127

Listing Office:

  • Office Name: USRealty.com LLP
  • Office Email: info@usrealty.com
  • Listing Agent: Marie Bowe

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: 4/28/2024, 12:25:20 AM 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$626$7,250
2019$578$7,250
2018$577$7,250
2017$711$8,620

History based on county public records data.

Payment Calculator

$337

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$228

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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-1763923
3
/10

  • Village Preparatory School:: Woodland Hills Campus

  • 9201 Crane Ave

  • 0.50 miles

  • Public Charter Grades KG-3

school-card-donut-1763924
5
/10

  • Constellation Schools: Eastside Arts Academy

  • 6804 Lansing Ave

  • 0.93 miles

  • Public Charter Grades KG-5

school-card-donut-1763925
3
/10

  • Cleveland School of Arts Lower Campus

  • 2501 E 61st St

  • 2.07 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 $28,542. Most Cleveland, OH residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›3515 E 80th St

This home is located at 3515 E 80th St in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This home, which was built in 1890, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $54,000.

Cleveland, OH housing market in March 2024 saw over 217 listings sold above listed price, more than 99 sold at listed price and over 318 sold below. The inventory of homes for sale in Cleveland, OH between February 2024 and March 2024 increased by 5.3%. While the average time on the market in March 2024 was 45 days, the median list price was $157,247.

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

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