#5104739, Jeffrey T Cain, Listing Office: Russell Real Estate Services
1477 E 195th St Euclid, OH 44117
Property details
About 1477 E 195th St
Attention investors! Here’s your chance to grab a tenant-occupied property in the desirable suburb of Euclid! Currently rented at $850 per month with the tenant paying all utilities, this property offers significant potential for rent increases. With the tenant on a month-to-month lease, you can easily raise the rent to market rates of about $1,500 by making minor cosmetic updates, including fresh paint, kitchen and bathroom upgrades, and new carpet upstairs. This is the ideal BRRRR opportunity! Once completed, you’re looking at a turnkey property with a projected 10% cap rate. Featuring hardwood floors on the first floor, a partially finished basement, and a 2-car detached garage, this is a fantastic investment for both new and seasoned investors!
Highlights
Summary
- MLS Number: 5078265
- MLS Name: NOWDD
- Office Name: Russell Real Estate Services
- Office Phone: (216) 870-8687
- Office Email: tal@premierclevelandinvesting.com
- Listing Agent: Tal Tamir
Copyright 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: 3/13/2025, 3:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$114,900
1477 E 195th St
$1,364
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 27, 2022 | Home Sold | $81,000 |
Feb 13, 2017 | Home Sold | $35,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $21,290 | $2,000 |
2022 | $21,290 | $1,889 |
2021 | $21,280 | $2,089 |
2020 | $16,140 | $1,606 |
2019 | $16,140 | $1,661 |
2018 | $16,140 | $1,599 |
2017 | $14,010 | $1,662 |
History based on county public records data.
Nearby schools
4
Bella Academy of Excellence
Public Charter KG-6
1.2 mi
•19114 Bella Dr
6
Chardon Hills STEM School
Public District 1-5
1.5 mi
•1455 E 260th St
4
Arbor Elementary School
Public District 1-5
1.9 mi
•20400 Arbor Ave
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 $16,139. Typical income of Euclid, OH residents is less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1477 E 195th St
This home is located at 1477 E 195th St in Euclid, OH and zip code 44117 in the Cleveland Real Estate neighborhood. This 1,176 square foot home, which was built in 1954, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $114,900.
While more than 7 listings in Euclid, OH in February 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 21 were sold below. The number of listings in Euclid, OH increased by 0.5% between January and February 2025. In February 2025 median list price was $139,683 and the average listing age was 43 days.