$1,888 Closing Credit¹
#5077833, April Pillar, Listing Office: Russell Real Estate Services
$185,000 List price
3062 W 51st St Cleveland, OH 44102
$2,197
Closing credit¹
5 beds
2 full
1,785 sqft
0.2 acres
$104 / sqft
Multi-Family
Property details
About 3062 W 51st St
Attention investors and house hackers! Add this newly renovated property to your portfolio today! The property is currently vacant and ready for immediate occupancy for tenants you can choose. Live in one unit and rent the other or rent out both units for cash flow. The lower unit is a 3 bedroom unit with a large porch and a large basement. It includes a fully equipped kitchen, complete with a microwave, stove, and refrigerator. The upstairs unit has a separate entrance and 2 bedrooms. The approximate market rent, per CMHA allowance, for a 3-bedroom unit is $1,468, and a 2-bedroom unit is $1,129. This creates an impressive potential cash flow of $2,597. Units are individually metered. Don’t let this opportunity slip by—make it yours today! Property includes two parcels #006-23-060 and #006-23-059. Back on market due to buyer's financing fell through. The seller is a licensed real estate broker in the state of Ohio.
Highlights
Home typeDuplex
HeatingForced Air, Natural Gas
StatusActive
Size1,785 sqft
BasementYes
Lot size0.2424 Acres
Year built1890
ParkingConcrete, Driveway, Gravel
MLS #5097636
Private poolYes
Summary
- MLS Number: 5097636
- MLS Name: NOWDD
- Office Name: Vincent Patrick Realty
- Office Email: lpsoldit@gmail.com
- Listing Agent: Lauren Patrick
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: 4/26/2025, 3:20:53 PM 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
$185,000
3062 W 51st St
$2,197
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 11, 2024 | Home Sold | $80,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $12,710 | $972 |
| 2022 | $12,710 | $966 |
| 2021 | $12,710 | $957 |
| 2020 | $9,770 | $851 |
| 2019 | $9,770 | $787 |
| 2018 | $9,770 | $784 |
| 2017 | $10,930 | $908 |
History based on county public records data.
Nearby schools
4
Constellation Schools: Stockyard Community Elementary School
Public Charter KG-6
0.5 mi
•3200 W 65th St
5
Louisa May Alcott Elementary School
Public District KG-5
2.0 mi
•10308 Baltic Rd
2
Constellation Schools: Old Brooklyn Community Elementary School
Public Charter KG-4
2.6 mi
•4430 State 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 $24,085. Residents of Cleveland, OH typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
63%
<35k
35%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
44%
Single, No Kids
33%
Single, with Kids
12%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
7%
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
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
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 3062 W 51st St in Cleveland, OH and zip code 44102 in the Taylor & Hoyat neighborhood. This 1,785 square foot home, which was built in 1890, sits on a 0.24 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $185,000.
In March 2025, from all listings sold in Cleveland, OH there were more than 235 sold above asking price, over 286 sold below and more than 83 were sold right at the asked price. The number of homes for sale in Cleveland, OH increased by 14.1% between February and March 2025. While the average time on the market in March 2025 was 42 days, the median list price was $170,800.
From Rocket Homes Real Estate and based on county public records data.