2912 E 102nd StreetCleveland, OH 44104

2912 E 102nd StreetCleveland, OH 44104

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$109,900 Active
Multi Unit - Multiple MLS 5174101
4 beds 2 full baths 1,620 sqft

Listed By

Agency Name: Keller Williams Living
Agency Contact: Journey@journeyhomegroup.net, 440-935-9793

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Unlock immediate cash flow with this exceptional turnkey duplex in Cleveland's 44104 zip code, perfect for investors or a savvy house-hacker! Both 2-bedroom, 1-bathroom units are vacant and have been completely renovated, allowing you to place your own tenants immediately and maximize returns. No detail was overlooked in the renovation, which includes a newer roof, and newer mechanicals, fresh paint, and durable modern flooring. Each unit boasts a stunning new kitchen and a beautifully remodeled bathroom, creating a high-end rental that will attract top-quality tenants. This property is a strategic investment in a neighborhood poised for significant growth, located just minutes from the Cleveland Clinic, University Hospitals, and University Circle. The strong rental demand is further enhanced by the opportunity to work with programs like Section 8, with market payment standards for 2-bedroom units in this area often reaching between $850-1100 per unit, promising reliable and substantial income. With ongoing revitalization and new construction projects nearby, this area is on a clear path toward future appreciation, securing your long-term investment. Don't miss this incredible opportunity to acquire a fully updated, income-producing asset where all the capital-intensive work has been completed for you. An investor can immediately place tenants in both units for maximum cash flow, while an owner-occupant can live in one unit while the other significantly offsets or even covers the mortgage. This is a premier, hassle-free investment in a rapidly appreciating Cleveland market. Schedule your showing today to see the quality and potential for yourself.

2912 E 102nd Street | MLS# 5174101

This multi-family property located at 2912 E 102nd Street, Cleveland, OH 44104 is currently listed for sale with an asking price of $109,900. E 102nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 90
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Slate
Stories: 3.0
Taxes: $506 / year
Year Built: 1900

Feature Descriptions

Exterior: Aluminum Siding, Other, Plaster, Vinyl Siding, Wood Si
Laundry: Lower Level
Parcel#: 128-13-028
Parking: Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 2912 E 102nd Street, Cleveland, OH 44104
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 610.42 per month $536.20 Principal & Interest $42.17 Property Tax $32.05 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage