$1,364

closing credit¹

1477 E 195th St Euclid, OH 44117

$114,900
3 beds
1 full
1,176 sqft
0.1 acres
$98 / sqft
House

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

Home typeSingle Family Residence
HeatingGravity
StatusActive
Size1,176 sqft
BasementYes
Lot size0.1221 Acres
Year built1954
ParkingDriveway, Detached, Garage, Paved
MLS #5078265
Garage2 spaces

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

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: 2/1/2025, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style house featuring a front lawn

$114,900

1477 E 195th St

$1,364

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 27, 2022
Home Sold
$81,000
Feb 13, 2017
Home Sold
$35,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,139. Residents of Euclid, OH typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

79%
<35k
19%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

86%
Single, No Kids
5%
Single, with Kids
8%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
7%
18-34 yrs old
50%
35-64 yrs old
36%
65+ yrs old

What do the neighbors do for fun?

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

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
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

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

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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.

In January 2025, from all listings sold in Euclid, OH there were more than 7 sold above asking price, over 17 sold below and more than 7 were sold right at the asked price. The number of listings in Euclid, OH decreased by 3.2% between December and January 2025. Listings spent 52 days on the market in January 2025, and had a median list price of $138,066 during the same period.

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

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