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Playhouse Square Home for Sale

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    $999,999 Open Sun 12PM - 2PM

    • 2 Beds
    • 2.5 Baths
    • 2,096 Sq Ft

    1148 Prospect Ave E Unit B, Cleveland, OH 44115

    Welcome to this stunning and unique townhouse nestled in the perfect location between Playhouse Square, Progressive Field, Rocket Arena, and everything downtown Cleveland has to offer. This is truly a rare opportunity to own a home that blends luxury, convenience, and unmatched city living. As you step inside, you'll be greeted by a beautiful eat-in kitchen featuring granite counter-tops,

    Eric Lakia Berkshire Hathaway HomeServices Professional Realty

    1148 Prospect Ave E Unit B, Cleveland, OH 44115

Why Live in Playhouse Square

Playhouse Square in Cleveland is a vibrant neighborhood known for its historic charm and bustling entertainment scene. The area features a mix of condo buildings, with units often selling quickly due to high demand. Architectural styles reflect the early 20th century, contributing to its listing on the National Register of Historic Places. Residents enjoy green spaces like Erie Street Cemetery and Perk Plaza, the latter hosting Walnut Wednesday with food trucks and live music during the summer. The nightlife is lively, with venues such as Hofbräuhaus offering German cuisine and live polka bands, and Becky’s providing a more relaxed atmosphere with arcade games and comfort food. Sports fans frequent Wild Eagle Saloon to watch local teams. Essential shopping is available at Heinen’s Grocery Store, located in a historic bank building, and the 5th Street Arcade offers additional dining and shopping options. The neighborhood is also home to five historic theaters, including the Cleveland Play House, which hosts a variety of performances. Playhouse Square is conveniently located within walking distance of downtown Cleveland, with a high Walk Score of 94. Public transit is accessible via Tower City Center, less than a mile away, and Euclid Avenue connects to Interstate 90. Cleveland State University, adjacent to the neighborhood, brings a youthful energy and partners with local schools, providing diverse educational opportunities.

Frequently Asked Questions

Is Playhouse Square a good place to live?
Playhouse Square is a good place to live. Playhouse Square is considered very walkable and bikeable with great transit options. Playhouse Square is a suburban neighborhood. Playhouse Square has 6 parks for recreational activities. It is very dense in population with 43.1 people per acre and a median age of 31. The average household income is $59,350 which is below the national average. College graduates make up 55.9% of residents. A majority of residents in Playhouse Square are renters, with 98.9% of residents renting and 1.1% of residents owning their home. A local real estate agent serving Playhouse Square can help you decide if this neighborhood is the right one for you. Learn more on our Playhouse Square neighborhood guide.
How much do you need to make to afford a house in Playhouse Square?
The median home price in Playhouse Square is $569,900. If you put a 20% down payment of $114,000 and had a 30-year fixed mortgage with an interest rate of 6.63%, your estimated principal and interest payment would be $2,920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $125K a year to afford the median home price in Playhouse Square. The average household income in Playhouse Square is $59K.
What are the best public schools in Playhouse Square?
The best public schools that serve Playhouse Square are:
What are the best private schools in Playhouse Square?
The best private schools that serve Playhouse Square are:
What are the most popular zip codes in Playhouse Square, Cleveland, OH?
The most popular zip codes in Playhouse Square, Cleveland, OH include 44115, 44114, 44103, 44113 and 44127.
What are the most popular neighborhoods near Playhouse Square, Cleveland, OH?
The most popular neighborhoods near Playhouse Square, Cleveland, OH are Avenue District, Midtown Cleveland, Public Square, Goodrich-Kirtland Park and Warehouse District.

Home Trends in Playhouse Square, OH

Housing Trends

Median Sale Price
$535,000
Median Single Family Sale Price
$535,000
Average Price Per Sq Ft
$272
Number of Homes for Sale
0
Last 12 months Home Sales
18
Months of Supply
0.00
Median List Price
$569,900
Median Change From 1st List Price
6%
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