3264 E 117th StreetCleveland, OH 44120

3264 E 117th StreetCleveland, OH 44120

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$159,900 Active
Multi Unit - Multiple MLS 5220846
5 beds 3 full baths 2,955 sqft

Listed By

Agency Name: Keller Williams Living
Agency Contact: alexistherea@gmail.com, 216-543-2083

Shown By

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

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Property Description

Investors this is the opportunity you've been waiting for! If you're looking to add a performing asset to your portfolio with minimal upfront work, this property deserves your attention. The upstairs unit was recently updated prior to being leased, while the downstairs unit has been well maintained by the current tenant. There is an opportunity to add value by updating the downstairs bathroom. The property's siding is in good condition, and the mechanical systems are functioning properly. An additional upside is the potential to complete the unfinished third unit in the upper level with the primary remaining scope being the plumbing installation. This could also be counted as additional living space connected to the upstairs unit then making it a 3 bed 2 bath. CMHA pays up to $1,130 for a one bedroom, up to $1,367 for a 2 bedroom and up to $1,762 for a 3 bedroom in this zip code. Hot water tank ages: 2011 & 2019 The photos in the listing are of the upstairs unit. Please text Alexis for additional videos of the downstairs unit, third floor, basement, and exterior. To respect the privacy of the tenants, in-person tours of the occupied units will be scheduled with an accepted offer. Rent roll available upon request.

3264 E 117th Street | MLS# 5220846

This multi-family property located at 3264 E 117th Street, Cleveland, OH 44120 is currently listed for sale with an asking price of $159,900. E 117th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 1
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,843 / year
Year Built: 1920

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 130-01-029
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3264 E 117th Street, Cleveland, OH 44120
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
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

$ 1,019.31 per month $819.09 Principal & Interest $153.58 Property Tax $46.64 Homeowner's Insurance

Change Payment Information

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