$94,900

7428 Ottawa Rd Cleveland, OH 44105

$1,127
Closing credit¹
4 beds
1 full
1,376 sqft
0.1 acres
$69 / sqft
House

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

Home typeSingle Family Residence
HeatingForced Air
StatusActive
Size1,376 sqft
BasementYes
Lot size0.1309 Acres
Year built1910
ParkingDriveway
MLS #5084294

Summary

  • MLS Number: 5084294
  • MLS Name: NOWDD
  • Office Name: Metro Space Realty
  • Office Email: david@metrospacerealty.com
  • Listing Agent: Yarden Portnoy

IDXCopyright 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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view of front of house with a porch

$94,900

7428 Ottawa Rd

$1,127

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

58%
<35k
39%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

49%
Single, No Kids
31%
Single, with Kids
14%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Jack In The BoxJack In The Box
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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