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Image 1 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 2 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 3 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 4 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 5 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 6 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 7 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 8 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Image 9 - Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA - House for sale
Home For Sale In Cleveland, Ohio
Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA

Home For Sale In Cleveland, Ohio

house for sale
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Listed: 02/29/24

Algebra Tea House, 2136 Murray Hill Road, Cleveland, OH 44106, USA

6 Bed:
3.5 Bath:
3,898 Sq Ft Living Area:
Save
Price
$ 800,000

About This House

This three unit apartment building with ground level retail can generate$5, 940in monthly rent with no additional investment. This includes $500 per month for renting the 10 parking spaces behind the building. The development opportunity can more than double the rental income by building a two, three or four unit structure on the back portion of the.224 acre lot. Located in the heart of Little Italy, this property has been family-owned since 1975 and meticulously maintained. Each existing apartment unit has been updated and has two bedrooms and a full bathroom. The ground level updated retail space with 1/2 bath has been a successful beauty salon for many years. Key upgrades include: first floor back unit renovated in 2022; Deck …  Full description

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Little Italy Housing & Living

Household Income

Median household income: $29,953
Number of households: 173,025
The average household income in Cleveland, OH grew from $28,974 to $29,953 in the past year. This data is an estimate based upon 173,025 households in Cleveland, OH.
The chart below presents how household income is distributed in Cleveland, OH in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cleveland, OH compared to median property taxes around the country. The prevalent amount of property taxes in Cleveland, OH equals $800-$1,500 , which is less than the national average.