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Backup Offers

3711 E 61st St, Cleveland, OH, 44105

$220,000

Home List Price

$2,613*

Closing Credit

8 Bedrooms
4 Full Baths
2,722 SqFt
$81/SqFt
Multi
Schools Nearby

Location

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3711 E 61st St, Cleveland$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPaved
Year Built1916
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #4502850
Lot Size0.13 Acres
StatusAccepting Backup Offers
(Contingent)

About 3711 E 61st St

PRICE DROP ALERT! Discover the potential of this cash-flowing gem in Slavic Village, Cleveland. With 4 units, this property generates monthly income from tenant leases, offering a consistent and attractive return on investment. These units have been meticulously transformed from non-livable spaces into fantastic rental living, ensuring a hassle-free experience for both you and your tenants. Situated in the thriving Slavic Village community, this property is a perfect candidate for a lucrative buy-and-hold investment. Don't miss out on this golden opportunity – contact your realtor today to secure your financial future!

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 2
  • Living Area: 2,722 SqFt

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Email: klrw297@kw.com
  • Listing Agent: Nika Graham

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: 77fwy exit Fleet Ave to E 61st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $81/SqFt

Tax Information:

  • Annual Amount: $1,016
  • 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

3711 E 61st St vs Cleveland

170 DAYS ON ROCKET

+125 Days

$220,000

+$62.7K More

$81/SqFt

-$14 Less

KEY TAKEAWAY

This property is $62.7K more than the Median Sold Price and $14/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: #4502850

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Email: klrw297@kw.com
  • Listing Agent: Nika Graham

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, 5:25:19 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$1,016$9,770
2019$956$9,770
2018$932$9,770
2017$1,074$10,570

History based on county public records data.

Payment Calculator

$1,166

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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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-1955655
5
/10

  • Constellation Schools: Eastside Arts Academy

  • 6804 Lansing Ave

  • 0.43 miles

  • Public Charter Grades KG-5

school-card-donut-1955656
3
/10

  • Village Preparatory School:: Woodland Hills Campus

  • 9201 Crane Ave

  • 1.35 miles

  • Public Charter Grades KG-3

school-card-donut-1955657
8
/10

  • Cuyahoga Hts Elementary School

  • 4880 E 71st St

  • 2.16 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 $34,750. The majority of Cleveland, OH residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›3711 E 61st St

This home is located at 3711 E 61st St in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This 2,722 square foot home, which was built in 1916, sits on a 0.13 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 10, 2023 and is currently priced at $220,000.

While more than 217 listings in Cleveland, OH in March 2024 were sold above asking price, there were more than 99 listings sold at asking price, and more than 318 were sold below. Between February 2024 and March 2024, Cleveland, OH real estate market has seen increase in the number of listings by 5.3%. In March 2024 median list price was $157,247 and the average listing age was 45 days.

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

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