2661 Grand Ave Cleveland, OH 44104
Property details
About 2661 Grand Ave
Investment Opportunity in Cleveland's New "Opportunity Corridor" - $330M Redevelopment! Seize this ground-floor investment in Cleveland's newly emerging "Opportunity Corridor" with a fully updated/lead-certified, mixed-use turnkey project. Featuring two well-cared-for, remodeled buildings that reflect beautiful workmanship and pride of ownership, this property offers immense potential. Building #1 includes vacant retail/storefront/office/warehouse space (the current owner is interested in leasing), along with three remodeled apartments. Two 1-bedroom units are rented for $700/month each, and one spacious 3-bedroom unit, just remodeled, is ready to rent for $1,250-$1,400/month (perfect for Section 8). There's room to increase rents, and this building also boasts a full basement, 5 bedrooms, 2 full/2 half baths, and ample parking. Building #2 is a beautiful 4-bedroom, 1.5-bath home, nicely remodeled/currently rented through Section 8 for $1,250/month, with an approved increase to $1,425. With ample parking, potential for billboard advertising, and turnkey professional management available, this is your chance to get in on Cleveland's fast-developing area before prices rise. Out-of-state investors are encouraged to research Cleveland's Opportunity Corridor project and see the potential this prime investment offers!
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Basement: Yes
- Total Bedroom Count: 9
- Attached Garage: No
- Private Pool: No
- Parking: Off Street, Paved
- Heating: Forced Air
- Cooling: None
- List Price: $329,900
- Annual Tax Amount: $2,339
- Tax Year: 2023
- Directions: Off Grand
- Year Built: 1890
- Stories: 2
- Lot Size: 0.1435 Acres
- MLS Number: 5080255
- MLS Name: NOWDD
- Office Name: Coldwell Banker Schmidt Realty
- Office Phone: (216) 210-7653
- Office Email: thefrederickteam@gmail.com
- Listing Agent: Christopher A Frederick
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$329,900
2661 Grand Ave
$3,918
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $23,420 | $2,339 |
| 2022 | $23,420 | $2,335 |
| 2021 | $23,420 | $2,342 |
| 2020 | $21,280 | $2,212 |
| 2019 | $21,530 | $2,107 |
| 2018 | $21,530 | $2,993 |
| 2017 | $6,580 | $668 |
History based on county public records data.
Nearby schools
6
Roxboro Elementary School
Public District KG-5
2.0 mi
•2405 Roxboro Rd
2
Stepstone Academy
Public Charter KG-4
2.1 mi
•3328 Carnegie Ave
5
Constellation Schools: Eastside Arts Academy
Public Charter KG-6
2.5 mi
•6700 Lansing 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 $24,545. The majority of Cleveland, OH residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Ross Dress For Less
H&M
Where do the neighbors go to eat?
White Castle
Jack In The Box
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
This home is located at 2661 Grand Ave in Cleveland, OH and zip code 44104 in the Buckeye-Woodhill neighborhood. Features: 9 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $329,900.
Cleveland, OH housing market in April 2025 saw over 280 listings sold above listed price, more than 97 sold at listed price and over 308 sold below. Between March and April 2025, Cleveland, OH real estate market has seen increase in the number of listings by 5.1%. In April 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $172,191.