$7,718 Closing Credit¹
#5095864, Adam T Zimmerman, Listing Office: Engel & Völkers Distinct
$150,000 List price
1817 Penrose Ave East Cleveland, OH 44112
$1,781
Closing credit¹
6 beds
2 full
2,910 sqft
0.09 acres
$52 / 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! Seller will not entertain any assignments of contracts nor seller financing offers. 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
- 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: 3/12/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$150,000
1817 Penrose Ave
$1,781
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most 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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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 $150,000.
East Cleveland, OH housing market in February 2025 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. The inventory of homes for sale in East Cleveland, OH between January and February 2025 did not move. While the average time on the market in February 2025 was 74 days, the median list price was $60,000.
From Rocket Homes Real Estate and based on county public records data.