6603 Schaefer AvenueCleveland, OH 44103

6603 Schaefer AvenueCleveland, OH 44103

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$149,900 Active
Multi Unit - Multiple MLS 5162545
4 beds 2 full baths 1,820 sqft
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Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: Terryyoung@theyoungteam.com, 216-400-5224

Shown By

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

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Property Description

Welcome to 6603 Schaefer Avenue, a solid income-producing duplex located in the heart of Cleveland. This tenant-occupied property offers immediate cash flow and an excellent opportunity to expand your rental portfolio. Both units feature a similar floor plan with 2 bedrooms and 1 full bathroom, providing comfortable living spaces that attract and retain tenants. With consistent rental income and strong neighborhood rental demand, this property is ideal for both seasoned investors and those looking to start building wealth through real estate. Don't miss out on this turnkey investment?secure your next addition to your portfolio today!

6603 Schaefer Avenue | MLS# 5162545

This multi-family property located at 6603 Schaefer Avenue, Cleveland, OH 44103 is currently listed for sale with an asking price of $149,900. Schaefer Avenue 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: Yes
Basement: Full, Unfinished
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Days on Market: 136
Heating: Forced Air, Gas
Lot Size: 0.11 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $1,157 / year
Year Built: 1895

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 105-25-089
Parking: None
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 6603 Schaefer Avenue, Cleveland, OH 44103
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

$ 871.50 per month $731.36 Principal & Interest $96.42 Property Tax $43.72 Homeowner's Insurance

Change Payment Information

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