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: $285,000
- 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
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: 7/19/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Most Cleveland, OH residents have annual incomes less than $<35k. The most common type of family is 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?
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
Frequently asked questions
About 2661 Grand Ave
The listing price of 2661 Grand Ave property is $285,000.
The property 2661 Grand Ave is a multi located in Cleveland, Ohio, 44104.
Active Listing: 2661 Grand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2661 Grand Ave are: Roxboro Elementary School (GreatSchools Rating 6/10), Stepstone Academy (GreatSchools Rating 2/10), Constellation Schools: Eastside Arts Academy (GreatSchools Rating 5/10), Bolton School (GreatSchools Rating 2/10), Cleveland Arts and Social Sciences Academy (GreatSchools Rating 3/10), Anton Grdina School (GreatSchools Rating 3/10), East Tech High School (GreatSchools Rating 2/10), Cleveland School for Architecture and Design (GreatSchools Rating 6/10), Cleveland Early College High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $2,339 (source: MLS/based on county public records data).
The sq. ft. of 2661 Grand Ave is not available (source: MLS/tax record).
The year of construction for 2661 Grand Ave is 1890.
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 $285,000.
In June 2025 more than 306 listings in Cleveland, OH were sold above the asking price. During the same period more than 98 listings were sold at asking price, while more than 335 were sold below. The number of listings in Cleveland, OH increased by 3.7% between May and June 2025. In June 2025 median list price was $173,756 and the average listing age was 32 days.