1738 Coit RoadEast Cleveland, OH 44110

1738 Coit RoadEast Cleveland, OH 44110

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$126,400 Active
Multi Unit - Multiple MLS 5159356
5 beds 3 full baths 2,765 sqft

Listed By

Agency Name: The Agency Cleveland Northcoast
Agency Contact: Josh.anton@theagencyre.com, 216-469-1456

Shown By

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

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Property Description

Spacious and versatile triplex offering immediate income on Cleveland's growing east side. This partially occupied multi-family property is perfect for the cash-flow-centric investor or a traditional house hacker looking to establish the foundation for their real estate portfolio. The main level, 2-bed, 1-bath unit is currently rented at $700/month and offers future income growth, with projections around $900/month. The second-floor 2-bed, 1-bath unit is now rented at $800/month, adding immediate additional cash flow. The third-floor, 1-bed, 1-bath unit has been recently updated to near-rent-ready status, adding an estimated additional income opportunity. With triplex inventory at a minimum?particularly units that offer the opportunity to live in and have your mortgage paid by tenants?what are you waiting for? Seller will not consider subject-to or seller-financing proposals. See supplements or contact listing agents directly for dwelling valuation and rental estimates.

1738 Coit Road | MLS# 5159356

This multi-family property located at 1738 Coit Road, East Cleveland, OH 44110 is currently listed for sale with an asking price of $126,400. Coit Road is located within the East Cleveland City school district. Search East Cleveland real estate on 251danielburnhamsquareunitunit259.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Market: 193
Heating: Baseboard, Electric, Forced Air, Gas
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $3,007 / year
Year Built: 1915

Feature Descriptions

Exterior: Wood Siding
Parcel#: 673-04-046
Parking: Driveway, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: East Cleveland City

Demographics

Cuyahoga County Demographic Information for 1738 Coit Road, East Cleveland, OH 44110
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

$ 936.60 per month $649.15 Principal & Interest $250.58 Property Tax $36.87 Homeowner's Insurance

Change Payment Information

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