$3,088 Closing Credit¹
#5094625, Jon Legato, Listing office: Century 21 DeAnna Realty
$895,000 List price
8707 Detroit Ave Cleveland, OH 44102
$10,000
Closing credit¹
3 beds
1 full
27,585 sqft
0.7 acres
$32 / sqft
Multi-Family
Property details
About 8707 Detroit Ave
Amazing opportunity to acquire 15 townhomes in a great neighborhood. All units have their own private basement, LR, Dr, and kitchen on the first floor and 3 bedrooms and bathroom up. All separate utilities including separate water and sewer. Each unit has its own separate parcel # Creating great opportunities to fix and flip each and resell, or keep and have great cash flow. Some work is started but will need full rehab. One unit is fire-damaged and may not be salvageable. Newer roof on the whole property, except for the fire-damaged unit. Also comes with the 16th parcel of a completely redone parking lot, with plenty of spaces. Possible owner financing with down payment, and POF to handle the rehab. City says they are willing to give tax abatement for the right developer.
Highlights
Home typeQuadruplex
HeatingForced Air, Natural Gas
StatusActive
Size27,585 sqft
BasementYes
Lot size0.738 Acres
Year built1910
ParkingAssigned, Parking Lot
MLS #5125651
ViewCity
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: Assigned, Parking Lot
- View: City
- Exterior: Balcony
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $895,000
- Price/SqFt: $32
- Annual Tax Amount: $624
- Tax Year: 2023
- Directions: West off W 85th, access off Franklin Blvd only, no access off of Detroit
- Year Built: 1910
- Stories: 2
- Living Area: 27,585 SqFt
- Lot Size: 0.738 Acres
- MLS Number: 5125651
- MLS Name: NOWDD
- Office Name: Platinum Real Estate
- Office Phone: (216) 780-0413
- Office Email: dandantherealestateman@gmail.com
- Listing Agent: Daniel A Perelman
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: 6/5/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$895,000
8707 Detroit Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 23, 2022 | Home Sold | $450,000 |
| Sep 23, 2022 | Home Sold | $500,000 |
| Jan 17, 2018 | Home Sold | $23,800 |
| Jun 12, 2007 | Home Sold | $50,000 |
| Mar 31, 1998 | Home Sold | $49,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $8,060 | $624 |
| 2022 | $8,060 | $621 |
| 2021 | $8,050 | $615 |
| 2020 | $6,200 | $547 |
| 2019 | $6,200 | $507 |
| 2017 | $9,140 | $772 |
History based on county public records data.
Nearby schools
5
Louisa May Alcott Elementary School
Public District KG-5
0.7 mi
•10308 Baltic Rd
4
Constellation Schools: Stockyard Community Elementary School
Public Charter KG-6
1.1 mi
•3200 W 65th St
7
Harrison Elementary School
Public District PK-5
1.7 mi
•2080 Quail 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 $13,404. The most common annual income of people living in Cleveland, OH is less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
98%
<35k
2%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
33%
Single, with Kids
6%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8707 Detroit Ave
The listing price of 8707 Detroit Ave property is $895,000.
The property 8707 Detroit Ave is a multi located in Cleveland, Ohio, 44102.
Active Listing: 8707 Detroit Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8707 Detroit Ave are: Louisa May Alcott Elementary School (GreatSchools Rating 5/10), Constellation Schools: Stockyard Community Elementary School (GreatSchools Rating 4/10), Harrison Elementary School (GreatSchools Rating 7/10), Constellation Schools: Madison Community Elementary School (GreatSchools Rating 3/10), Marion C. Seltzer PreK-8 School (GreatSchools Rating 4/10), Village Preparatory School Willard (GreatSchools Rating 3/10), Max S. Hayes High School (GreatSchools Rating 2/10), Lake Erie International High School (GreatSchools Rating 2/10), Garret Morgan School of Leadership and Innovation (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $624 (source: MLS/based on county public records data).
The last sale was on September 23, 2022 for $450,000 (source: MLS/tax record).
The property 8707 Detroit Ave is 27,585 SqFt (source: MLS/tax record).
The year of construction for 8707 Detroit Ave is 1910.
This home is located at 8707 Detroit Ave in Cleveland, OH and zip code 44102 in the Cudell neighborhood. This 27,585 square foot home, which was built in 1910, sits on a 0.74 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $895,000.
In May 2025 more than 345 listings in Cleveland, OH were sold above the asking price. During the same period more than 106 listings were sold at asking price, while more than 304 were sold below. Between April and May 2025, Cleveland, OH real estate market has seen increase in the number of listings by 6.8%. While the average time on the market in May 2025 was 40 days, the median list price was $172,929.
From Rocket Homes Real Estate and based on county public records data.