$1,045

closing credit¹

1011 E 140th St Cleveland, OH 44110

$88,000
4 beds
2 full
1,956 sqft
0.1 acres
$45 / sqft
Multi-Family

Property details

About 1011 E 140th St

This well-maintained, cash-flowing property features long-term tenants paying $800 each month. The upstairs lease runs until November 1st, while the downstairs lease is in effect until September. The property has undergone several recent updates to enhance its appeal and efficiency. Seven new windows have been installed, providing improved energy efficiency and a refreshed look. Additionally, the front door downstairs has been replaced. The home's heating systems have also been upgraded, with both furnaces (with transferable lifetime warranty) and heaters replaced within the last 2 years. This ensures the tenants can enjoy a comfortable living environment year-round. In the basement, the main beam has been replaced, along with the floor joists, addressing any structural concerns and ensuring the integrity of the property. An unused chimney has been removed, while the other chimney has been rebuilt from the roof up, further improving the home's overall condition. Please refer to the 3-D walk-through available on the MLS listing to get a better sense of the property's layout and features. The owner pays for trash and water, making it an attractive investment opportunity. The property will be available for showings, once we have an acceptable offer This cash-flowing gem is sure to generate a steady stream of rental income for the savvy investor! No showings until accepted offer.

Highlights

Home typeDuplex
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Contingent)
Size1,956 sqft
BasementYes
Lot size0.1181 Acres
Year built1919
ParkingDriveway, Paved
MLS #5089313

Virtual tour

Summary

  • MLS Number: 5089313
  • MLS Name: NOWDD
  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Office Email: Info@EZSalesTeam.com
  • Listing Agent: Gregory Erlanger

IDXCopyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring covered porch

$88,000

1011 E 140th St

$1,045

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 13, 2022
Home Sold
$25,000

Tax history

YearAssessmentProperty Tax
2023$6,450$500
2022$6,450$497
2021$6,440$492
2020$5,640$498
2019$5,640$461
2018$5,640$459
2017$6,480$547

History based on county public records data.

Nearby schools

3

Mayfair Elementary School

Public District 3-5

1.2 mi

13916 Mayfair Ave

4

Oxford Elementary School

Public District KG-5

2.4 mi

939 Quilliams Rd

5

Boulevard Elementary School

Public District KG-5

2.9 mi

1749 Lee Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,000. The most common annual income of people living in Cleveland, OH is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

50%
<35k
48%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

63%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1011 E 140th St in Cleveland, OH and zip code 44110 in the Collinwood Nottingham neighborhood. This 1,956 square foot home, which was built in 1919, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $88,000.

In January 2025, from all listings sold in Cleveland, OH there were more than 139 sold above asking price, over 336 sold below and more than 69 were sold right at the asked price. In January 2025 in Cleveland, OH there were 4.5% less homes for sale than in December. The median list price of listings available in January 2025 was $169,819, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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