#5109315, Michael A Balamenti, Listing office: Power House Realty
$90,000 List price
1817 Penrose Ave East Cleveland, OH 44112
6 beds
2 full
2,910 sqft
0.09 acres
$31 / sqft
Multi-Family
Property details
About 1817 Penrose Ave
Attention investors! This multifamily property in the rapidly developing Circle East neighborhood is your next value-add project. With solid bones and ample space, this fixer-upper offers incredible profit margins. This side-by-side duplex boasts 3 bedrooms on each side with separate utility meters. Additionally, the attic area has bonus living space. The Circle East District is one of Cleveland's hottest projects and substantial investments with the Cuyahoga County Landbank. Phase I includes a mix of housing types, rebuilding of the waterline and sewer infrastructure, repaving of the streets, new sidewalks, tree lawns, trees, streetlights, and the installation of fiber optic cable. Phase II will begin this year with the groundbreaking of new luxury homes on Penrose Avenue and adjacent streets. These new homes are projected to be listed for over $325,000! The development of new commercial and recreational amenities on Euclid Avenue are included in the plan as well. This is the diamond in the rough you've been looking for! Don't miss this amazing opportunity! Google Circle East District to learn more about this major community revitalization project! Zoned for medical, dental, and apartment/residential. Cash deal. Easy to show!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size2,910 sqft
BasementYes
Lot size0.0872 Acres
Year built1907
ParkingGarage
MLS #5103833
Garage2 spaces
Summary
- Full Bathrooms: 2
- Basement: Yes
- Total Bedroom Count: 6
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Garage
- Heating: Forced Air
- Cooling: None
- List Price: $90,000
- Price/SqFt: $30
- Annual Tax Amount: $1,107
- Tax Year: 2023
- Directions: Directly off of Euclid Ave.
- Year Built: 1907
- Living Area: 2,910 SqFt
- Lot Size: 0.0872 Acres
- MLS Number: 5103833
- MLS Name: NOWDD
- Office Name: Keller Williams Greater Cleveland Northeast
- Office Phone: (216) 658-2888
- Office Email: a.moss@kw.com
- Listing Agent: Antoine Moss
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: 7/20/2025, 12:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 03, 2020 | Home Sold | $18,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $11,170 | $1,107 |
| 2022 | $11,170 | $1,104 |
| 2021 | $11,170 | $1,095 |
| 2020 | $9,870 | $896 |
| 2019 | $9,870 | $1,103 |
History based on county public records data.
Nearby schools
3
Mayfair Elementary School
Public District 3-5
1.2 mi
•13916 Mayfair Ave
5
Boulevard Elementary School
Public District KG-5
1.5 mi
•1749 Lee Rd
6
Roxboro Elementary School
Public District KG-5
1.6 mi
•2405 Roxboro 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 $28,684. Typical income of East Cleveland, OH residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
57%
<35k
28%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
60%
Single, No Kids
21%
Single, with Kids
11%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
20%
18-34 yrs old
37%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1817 Penrose Ave
The listing price of 1817 Penrose Ave property is $90,000.
The property 1817 Penrose Ave is a multi located in East Cleveland, Ohio, 44112.
Active Listing: 1817 Penrose Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1817 Penrose Ave are: Mayfair Elementary School (GreatSchools Rating 3/10), Boulevard Elementary School (GreatSchools Rating 5/10), Roxboro Elementary School (GreatSchools Rating 6/10), Mary McLeod Bethune PreK-8 School (GreatSchools Rating 4/10), W.H. Kirk Middle School (GreatSchools Rating 3/10), Patrick Henry School (GreatSchools Rating 3/10), Cleveland School of the Arts (GreatSchools Rating 5/10), Cleveland School of Science and Medicine (GreatSchools Rating 7/10), Cleveland Early College High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,107 (source: MLS/based on county public records data).
The last sale was on December 3, 2020 for $18,000 (source: MLS/tax record).
The property 1817 Penrose Ave is 2,910 SqFt (source: MLS/tax record).
The year of construction for 1817 Penrose Ave is 1907.
This home is located at 1817 Penrose Ave in East Cleveland, OH and zip code 44112. This 2,910 square foot home, which was built in 1907, sits on a 0.09 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $90,000.
East Cleveland, OH housing market in June 2025 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. In June 2025 in East Cleveland, OH there were equal homes for sale than in May. While the average time on the market in June 2025 was 61 days, the median list price was $65,000.
From Rocket Homes Real Estate and based on county public records data.