685 E 131st StreetCleveland, OH 44108

685 E 131st StreetCleveland, OH 44108

1/47 Virtual Tour Fullscreen
$100,000 Active
Residential - Single Family MLS 5218528
3 beds 1 full baths 1,205 sqft
Ask a Question Make an Offer Schedule a Showing
Google Map
Get Directions

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: alexysjones@kw.com, 440-694-5551

Shown By

Agency Title: Cutler Real Estate
Agency Phone:

IDX logo

TOUR THIS HOME

Choose a date and time to see 685 E 131st Street, Cleveland, OH 44108.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Friday August 28
  • Saturday August 29
  • Sunday August 30
  • Monday August 31
  • Tuesday September 1
  • Wednesday September 2
  • Thursday September 3
  • Friday September 4
  • Saturday September 5
  • Sunday September 6
  • Monday September 7
  • Tuesday September 8
  • Wednesday September 9
  • Thursday September 10
  • Friday September 11
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method
Cross Country Logo

Property Description

Investor Alert! Don't miss this turnkey investment opportunity at 685 E. 131st Street, Cleveland, OH 44108. This updated 3-bedroom, 1-bath home offers approximately 1,205 square feet of living space and is positioned in a strong rental market with consistent demand. What makes this opportunity stand out? The seller is willing to place a Section 8 tenant prior to closing, providing the potential for immediate cash flow and a streamlined path to rental income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a performing asset, this property checks all the boxes. Recent updates, strong rental potential, and the opportunity for guaranteed rental income make this a compelling addition to any investment strategy. Opportunities like this don't last long?schedule your showing today and secure your next cash-flowing asset before it's gone!

685 E 131st Street | MLS# 5218528

This single family home located at 685 E 131st Street, Cleveland, OH 44108 is currently listed for sale with an asking price of $100,000. This property was built in 1918 and has 3 bedrooms and 1 full baths with 1205 sq. ft. E 131st Street is located in the Penobscot Ave subdivision within the Cleveland Municipal - 1809 school district. Search Penobscot Ave real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 14
Fireplaces: 1
Garage: 2
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.12 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $1,150 / year
Year Built: 1918

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 110-09-006
Parking: Driveway, Detached, Garage, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Market Trends

Cleveland Residential Market Trend Graphs
  • Zip Code 44108

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for 685 E 131st Street, Cleveland, OH 44108
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

$ 637.25 per month $512.25 Principal & Interest $95.83 Property Tax $29.17 Homeowner's Insurance

Change Payment Information

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