#5095226, Michael A Ferrante, Listing Office: Century 21 Homestar
$772
closing credit¹
10724 Sprague Ave Cleveland, OH 44108
Property details
About 10724 Sprague Ave
This multi-family home offers a prime opportunity for an investor looking to add value through a rehab project. With a new roof completed in 2024, the property features two units, each with 2 bedrooms and 1 bathroom. The attic has already been finished with a bedroom and full bath, offering additional living space that could be incorporated into the second unit, or potentially used to convert the property into a triplex. With market rents and CMHA guidelines in mind, each 2-bedroom unit could generate $1,329 per month, creating strong rental income potential. This is an excellent investment for those looking to expand their portfolio and unlock long-term value.
Highlights
Summary
- MLS Number: 5097324
- MLS Name: NOWDD
- Office Name: Keller Williams Greater Metropolitan
- Office Phone: (440) 694-5551
- Office Email: alexysjones@kw.com
- Listing Agent: Alexys Jones
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Last updated on: 2/9/2025, 6:20:54 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 property featuring a balcony and covered porch](/homes/listing-images/48730037_S0453/S0453/S0453-R0100/1104127634/2003767634568.jpg?version=1738372017&width=640)
$65,000
10724 Sprague Ave
$772
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 19, 2024 | Home Sold | $45,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $10,330 | $790 |
2022 | $10,330 | $825 |
2021 | $10,330 | $778 |
2020 | $8,470 | $738 |
2019 | $8,480 | $683 |
2018 | $8,480 | $681 |
2017 | $14,000 | $1,167 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
1.4 mi
•13916 Mayfair Ave
5
Boulevard Elementary School
Public District KG-5
3.1 mi
•1749 Lee Rd
4
Oxford Elementary School
Public District KG-5
3.4 mi
•939 Quilliams Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,200. The majority of Cleveland, OH residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 10724 Sprague Ave in Cleveland, OH and zip code 44108 in the Glenville neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 1, 2025 and is currently priced at $65,000.
Cleveland, OH housing market in January 2025 saw over 139 listings sold above listed price, more than 69 sold at listed price and over 336 sold below. In January 2025 in Cleveland, OH there were 4.5% less homes for sale than in December. In January 2025 median list price was $169,819 and the average listing age was 48 days.