PENDING
$50K PRICE DROP
8707 Detroit Ave Cleveland, OH 44102
Cudell NeighborhoodEstimated payment $5,980/month
Total Views
4,059
3
Beds
1
Bath
27,585
Sq Ft
$32
Price per Sq Ft
Highlights
- City View
- Balcony
- Forced Air Heating System
- 0.74 Acre Lot
- Double Pane Windows
- East Facing Home
About This Home
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.
Listing Agent
Platinum Real Estate Brokerage Email: dandantherealestateman@gmail.com, 216-780-0413 License #2005000117 Listed on: 05/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,360
Year Built
- Built in 1910
Lot Details
- 0.74 Acre Lot
- East Facing Home
Home Design
- Fixer Upper
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Double Pane Windows
- City Views
- Laundry in unit
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Balcony
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 001-31-067
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $780 | $11,655 | $6,440 | $5,215 |
| 2023 | $247 | $3,190 | $2,280 | $910 |
| 2022 | $246 | $3,185 | $2,275 | $910 |
| 2021 | $244 | $3,190 | $2,280 | $910 |
| 2020 | $523 | $3,260 | $1,750 | $1,510 |
| 2019 | $562 | $9,300 | $5,000 | $4,300 |
| 2018 | $760 | $3,260 | $1,750 | $1,510 |
| 2017 | $704 | $8,330 | $3,010 | $5,320 |
| 2016 | $2,243 | $8,330 | $3,010 | $5,320 |
| 2015 | $12,056 | $8,330 | $3,010 | $5,320 |
| 2014 | $10,065 | $8,790 | $3,150 | $5,640 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $895,000 | 0.0% | $32 / Sq Ft |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | Price Changed | $895,000 | -5.3% | $32 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $945,000 | -- | $34 / Sq Ft |
Source: MLS Now
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | Title Blu | |
| Warranty Deed | $450,000 | Title Blu | |
| Warranty Deed | $3,500 | Fairmount Title | |
| Limited Warranty Deed | $1,500 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | None Available | |
| Quit Claim Deed | -- | Sherman Title | |
| Warranty Deed | $10,000 | Sherman | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $495,000 | New Conventional | |
| Previous Owner | $60,000 | Unknown |
Source: Public Records
Similar Homes in Cleveland, OH
Source: MLS Now
MLS Number: 5125651
APN: 001-31-046
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