3716 E 50th StreetCleveland, OH 44105

3716 E 50th StreetCleveland, OH 44105

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$112,000 Active
Multi Unit - Multiple MLS 5161365
6 beds 2 full baths 2,752 sqft

Listed By

Agency Name: Howard Hanna
Agency Contact: davidsturgeon@howardhanna.com, 216-375-4486

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Spacious and recently updated, this 2-family double near I-77 and Fleet offers both immediate income and long-term upside. At 2,752 sq. ft., each unit provides 3 bedrooms and 1 full bath, a layout that attracts strong rental demand. Recent upgrades include a rehabbed upper unit, refreshed common areas, newer hot water tanks, new gutters, garage roof replacement, exterior paint, and roof repairs?giving investors confidence in the major systems. Both units are leased to long-term tenants, delivering steady cash flow from day one. With rising rental demand in the area, there is clear potential for rent increases, further upgrades, or repositioning to maximize returns. A smart opportunity to capture value now while building future equity in a growing rental market. Please NO wholesaling, assignments or seller/creative financing.

3716 E 50th Street | MLS# 5161365

This multi-family property located at 3716 E 50th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $112,000. E 50th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 157
Garage: 1
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,844 / year
Year Built: 1900

Feature Descriptions

Exterior: Aluminum Siding
Lot: City Lot
Parcel#: 131-32-077
Parking: Driveway, Garage
Sewer: Public Sewer
View: City Lights, City
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3716 E 50th Street, Cleveland, OH 44105
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 732.78 per month $546.45 Principal & Interest $153.67 Property Tax $32.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage