1238 E 145th ST, East Cleveland, OH 44112
1238 E 145th ST, East Cleveland, OH 44112
1238 E 145th ST, East Cleveland, OH 44112
28
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$40,000
Est. payment /mo
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4 Beds
2 Baths
1,992 SqFt
Pending

1238 E 145th ST East Cleveland, OH 44112

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Nathan Slussar

Nathan Slussar

+1(740) 219-3249

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,992 sqft

Price per Sqft $20

Subdivision Doan/Joseph Laronges

MLS Listing ID 5190350

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 996

Year Built 1916

Annual Tax Amount $1,435

Tax Year 2025

Lot Size 3,885 Sqft

Acres 0.0892

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

Major value-add duplex opportunity in East Cleveland featuring two 2-bedroom, 1-bath units, each offering a traditional layout with living room, dining room, and kitchen. The property has sustained significant water damage due to burst pipes and requires a full renovation. This is a substantial project suited for experienced investors prepared to complete a comprehensive rehab. Once restored, renovated duplexes in the area are supporting values of $150,000 or more. Estimated renovation costs are approximately $80,000, presenting an opportunity to create equity through improvements. For investors evaluating long-term rental strategy, current CMHA payment standards for two-bedroom units in the 44112 zip code are approximately $1,050 per unit per month. Upon full rehabilitation and approval for occupancy, the property has the potential to generate gross annual rental income exceeding $25,000 based on two units. The property is being sold as-is. Due to the condition of the home, liability waivers will be required prior to entry. Cash or renovation financing only. Seller will not permit assignment of the contract. Serious, qualified investors encouraged to inquire.

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Other

Water Access Desc Public

Roof Type Asbestos Shingle

Private Pool No

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District East Cleveland Csd - 1812

Others

Tax ID 671-16-057

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Megan Gordon • Keller Williams Citywide • megangordon@kw.com, 216-392-8075

NEARBY SCHOOL & BUSINESS

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Nathan Slussar

Nathan Slussar

Agent | OH | License ID: SAL.2020004753

+1(740) 219-3249

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1238 E 145th ST