#5091987, Grace Lin, Listing Office: Berkshire Hathaway HomeServices Profesional Realty
7428 Ottawa Rd Cleveland, OH 44105
Property details
About 7428 Ottawa Rd
Investment Opportunity: 7428 Ottawa Rd, Cleveland, OH 44105 Seize the chance to expand your portfolio with this tenant-occupied investment property in Cleveland's South Broadway neighborhood. This charming 3-bedroom, 1-bathroom single-family home offers a comfortable 1,376 sq. ft. layout, perfect for long-term rental income potential. Built in 1910, this property combines classic charm with rental stability, already occupied to ensure immediate cash flow for investors. Situated in a market with increasing demand and a median sales price trending upward, this home is strategically located near amenities, schools, and transportation, making it attractive to tenants. Key Features: 3 spacious bedrooms and 1 full bathroom Current tenant occupancy for immediate income potential Prime location in a rental-heavy area, with a strong rental market Opportunity for appreciation in a historically stable neighborhood Don’t miss out on this high-potential property – contact us to learn more about lease terms and tenant arrangements (see broker remarks).
Highlights
Summary
- MLS Number: 5084294
- MLS Name: NOWDD
- Office Name: Metro Space Realty
- Office Email: david@metrospacerealty.com
- Listing Agent: Yarden Portnoy
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: 4/13/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$94,900
7428 Ottawa Rd
$1,127
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 06, 2022 | Home Sold | $78,000 |
Sep 07, 2017 | Home Sold | $38,000 |
Jul 03, 2017 | Home Sold | $30,000 |
Oct 07, 2015 | Home Sold | $29,500 |
Jun 30, 2010 | Home Sold | $34,000 |
Nov 05, 2001 | Home Sold | $50,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $18,350 | $1,422 |
2022 | $18,350 | $1,485 |
2021 | $9,420 | $1,282 |
2020 | $8,260 | $729 |
2019 | $10,710 | $2,240 |
2018 | $10,710 | $873 |
2017 | $11,210 | $947 |
History based on county public records data.
Nearby schools
5
Constellation Schools: Eastside Arts Academy
Public Charter KG-6
0.4 mi
•6700 Lansing Ave
8
Cuyahoga Hts Elementary School
Public District PK-5
1.7 mi
•4880 E 71st St
2
Smart Academy
Public Charter KG-4
2.5 mi
•4351 E 131st St
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 $31,750. The majority of Cleveland, OH residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 7428 Ottawa Rd
This home is located at 7428 Ottawa Rd in Cleveland, OH and zip code 44105 in the Broadway-Slavic village neighborhood. This 1,376 square foot home, which was built in 1910, sits on a 0.13 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $94,900.
While more than 235 listings in Cleveland, OH in March 2025 were sold above asking price, there were more than 83 listings sold at asking price, and more than 286 were sold below. In March 2025 in Cleveland, OH there were 14.1% more homes for sale than in February. The median list price of listings available in March 2025 was $170,800, while the average time on the real estate market was 42 days.