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Image 1 - 1757 Alcoy Rd, Cleveland, Ohio, 44112 - House for sale
Image 2 - 1757 Alcoy Rd, Cleveland, Ohio, 44112 - House for sale
Image 3 - 1757 Alcoy Rd, Cleveland, Ohio, 44112 - House for sale
Image 4 - 1757 Alcoy Rd, Cleveland, Ohio, 44112 - House for sale
Image 5 - 1757 Alcoy Rd, Cleveland, Ohio, 44112 - House for sale
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Alcoy Rd, Cleveland, Home For Sale
1757 Alcoy Rd, Cleveland, Ohio, 44112

Alcoy Rd, Cleveland, Home For Sale

house for sale
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Listed: 07/11/24

1757 Alcoy Rd, Cleveland, Ohio, 44112

4 Bed:
4 Bath:
3,786 Sq Ft Living Area:
Save
Price
$ 194,900
Price:  Increased

About This House

Discover an incredible investment opportunity with this cash-flowing 4-unit property in Cleveland! Fully occupied, each 1 bed/1 bath unit rents for $675, bringing in a total of$2, 700per month. Tenants handle their own electric and gas, while the owner covers water and sewer. With a cap rate exceeding 10% and nearly a 15% cash-on-cash return, this property has potential for substantial returns. Recent updates include some fresh carpet, paint, flooring, and small touches to kitchens and bathrooms to make the units rent ready. Don't miss out on this chance to secure a profitable addition to your portfolio!

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Cleveland Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 4 bed houses for sale in/near Cleveland, United States averaged $138,347, an increase of 5.6% from the previous month.
Median price trends for properties for sale in Cleveland, United States as of June 2024.

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.