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Listed price in listed location currency (USD).
$320,000

630

MLS® 5251579

Overview

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage 
Taxes $1,206
Days Active 4
Lot Size 0.1074 Acres
Approx. Age 1910
MLS® Number 5251579

Property Address: 1390 E 109th St, Cleveland, OH, 44106-1223

Average square foot calculated using Size range provided by listing agent.

Description

FANTASTIC INVESTMENT Opportunity IN 44106! This 6-bed, 3-bath corner duplex combines MAJOR improvements with serious income potential. Nearly $50K invested in RENOVATIONS within the past year means substantial work has already been completed, including new flooring, drywall repairs, paint, remodeled kitchens with new appliances and updated bathrooms, just to name a few! The roof and all mechanicals are in GREAT working order. The numbers are just as attractive... nearly $50, 000 IN POTENTIAL GRI! CMHA offers $2113/month (=$50, 712/year) for a 3-bedroom in 44106. This property more than BEATS the 1% Rule and 10-CAP requirement. For investors looking to minimize upfront renovation costs while maximizing rental-income potential, this is one to put on the radar. Updated property. Strong GRI potential. Built for the portfolio. LOCATION! LOCATION! LOCATION! Conveniently situated just minutes from Cleveland Clinic Main Campus, University Hospitals, Case Western Reserve University, University Circle, Cleveland Museum of Art, Little Italy, and Downtown Cleveland, this is the PERFECT property for CASE STUDENTS who pay $700+ per bedroom. And... with so much new development and construction happening in the neighborhood, the property values should continue to go UP and UP! Comparative Market Analysis (CMA), disclosures, and copies of renovation invoices available upon request.
MLS® Number5251579
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementFinished
DrivewayOn Street
Garage Spaces
HeatForced Air
A/CCeiling Fans

Extras

Price History

Last Sold Price

$1,840$1.8K

Appreciation

--

Avg. Days Listed

65 days

Today, For Sale for $320,000

For Sale · 4 days

$320,000

MLS® 5251579

4 days ago

Not Sold Yet

October 2026, For Sale for $320,000

For Sale · 4 days

$320,000

MLS® 5251579

4 days ago

Not Sold Yet

August 2026, For Sale for $339,900

For Sale · 51 days

$339,900

MLS® 5239251

2 months ago

Not Sold Yet

December 2024, Leased for $1,840

View of front facade with covered porch and a front yard
Leased · 51 days

$1,840$1,450

MLS® 5078763

2 years ago

Sold on Dec 9, 2024

Home Estimate Zoopraisal®

This property is estimated to sell between: $171,000 and $395,000.
Similar properties in this area sold on average for: $171,646
Expected to sell in 69 days. Similar properties sold in 73 days. This home has been on Zoocasa for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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