25 days on rocket

Sale Pending

4101 E 57th St, Cleveland, OH, 44105

$74,900

Home List Price

$889*

Closing Credit

5 Bedrooms
2 Full Baths
1,974 SqFt
$38/SqFt
Multi
Schools Nearby

Location

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4101 E 57th St, Cleveland$74,900

Buyer Closing Credits

$889*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCommon, Concrete, Detached, Garage, On Street
Garage2 spaces
Year Built1920
HeatingForced Air
CoolingNone
BasementYes
MLS #5027038
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 4101 E 57th St

Welcome to 4101 E 57th St, an exceptional investment property nestled in the thriving city of Cleveland, Ohio. This duplex presents an enticing opportunity for investors seeking a reliable income stream in a thriving rental market. With two units already generating substantial rental income, this property offers both immediate returns and long-term appreciation potential. Bottom unit is generating $850 per month, while the top floor is generating $770! Whether you're a seasoned investor looking to diversify your portfolio or a first-time buyer exploring the real estate market, this duplex on E 57th St presents an excellent opportunity to capitalize on Cleveland's robust rental demand and achieve long-term financial growth.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,974 SqFt

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (216) 905-4121
  • Listing Agent: Robert L Rogers

Interior Features

Interior Information:

  • Appliances: Cooktop, Microwave, Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Common, Concrete, Detached, Garage, On Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Harvard to E 57th

Price Information

Listing Price Info

Price Summary:

  • List Price: $74,900
  • Price Per SqFt: $38/SqFt

Tax Information:

  • Annual Amount: $1,037
  • 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

4101 E 57th St vs Cleveland

25 DAYS ON ROCKET

-20 Days

$74,900

-$82.3K Less

$38/SqFt

-$57 Less

KEY TAKEAWAY

This property is $82.3K less than the Median Sold Price and $57/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: #5027038

Listing Office:

  • Office Name: Keller Williams Greater Metropolitan
  • Office Phone: (216) 905-4121
  • Listing Agent: Robert L Rogers

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: 4/30/2024, 2:25:19 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$1,037$11,900
2019$959$11,900
2018$956$11,900
2017$1,013$12,150

History based on county public records data.

Payment Calculator

$441

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

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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-3475341
5
/10

  • Constellation Schools: Eastside Arts Academy

  • 6804 Lansing Ave

  • 0.50 miles

  • Public Charter Grades KG-5

school-card-donut-3475342
8
/10

  • Cuyahoga Hts Elementary School

  • 4880 E 71st St

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-3475343
3
/10

  • Village Preparatory School:: Woodland Hills Campus

  • 9201 Crane Ave

  • 1.79 miles

  • Public Charter Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,198. Typical income of Cleveland, OH residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44105›4101 E 57th St

This home is located at 4101 E 57th St in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This 1,974 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $74,900.

Over 217 listings were sold over their listed price in March 2024 in Cleveland, OH. In the same period over 318 listings were sold below the listed price and 99 listings were sold for the listed price. 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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