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Fairfax Multifamily Home for Sale

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    $155,000

    • 5 Beds
    • 2 Baths

    2217 E 82nd St, Cleveland, OH 44103

    Welcome to 2217 E 82nd Street – a cash-flowing duplex located in the heart of Cleveland’s Opportunity Corridor. This spacious property was previously approved and rented as an 8-bedroom Section 8 duplex, making it a strong income-generating asset. Recently updated with new carpet and flooring throughout, this property is ready for its next investor or owner-occupant. Situated near major

    John Glatz McCrae & Co. Real Estate, LLC

    2217 E 82nd St, Cleveland, OH 44103

Why Live in Fairfax

Fairfax, located in the heart of Cleveland’s East Side, is a neighborhood rich in history and cultural significance. The iconic Karamu House, the oldest African American theater in the U.S., stands as a testament to the area's artistic heritage. Fairfax has been home to notable figures such as Jesse Owens, Dorothy Dandridge, and Langston Hughes. The neighborhood is undergoing revitalization with initiatives like Innovation Square, which brings jobs, housing, and cultural activities. Proximity to major thoroughfares like Interstate 71 and Interstate 490, and public transportation options including the RTA bus system and the BRT HealthLine, make commuting convenient. Downtown Cleveland is less than four miles away, and Cleveland Hopkins International Airport is 14 miles away. The housing market in Fairfax is diverse, featuring affordable fixer-uppers, new constructions, multifamily homes, and townhomes. The neighborhood benefits from the city's Residential Tax Abatement program, encouraging redevelopment. Dining options range from Chelsey’s Original Seafood Restaurant to Rumi’s Turkish Grill, and shopping is available at Simon’s Supermarket and the Shops at Church Square. Recreational facilities include the Fairfax Recreation Center and Quincy Park, which hosts family-friendly movie nights. Fairfax is safer than the national average, contributing to its appeal. The community is vibrant, with events and projects like the Model Blocks Program enhancing neighborhood pride. Local attractions include the community garden, Playwright Park, and Quincy Gardens, which features artwork and a garden maintained by Olivet Baptist Church.

Home Trends in Fairfax, OH

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$323,231
Median Townhouse Sale Price
$357,500
Average Price Per Sq Ft
$184
Number of Homes for Sale
0
Last 12 months Home Sales
42
Months of Supply
0.00
Median List Price
$380,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%
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