1541 Glenmont Road, East Cleveland, OH 44118 - $150,000
- Beds: 5
- Baths: 3 full
- Sq. Feet: 0
- Days on Site: 1
Comments for 1541 Glenmont Road, East Cleveland, OH 44118
Check out your next investment opportunity in East Cleveland! This triplex offers tremendous upside and is just a little sweat equity away from becoming a strong cash-flowing asset. Owned by the same owner for the past 50 years, this property features two vacant 2-bedroom, 1-bath units on the first and second floors, providing immediate value-add potential and the opportunity to set market rents. The third-floor unit is occupied by a long-term tenant currently paying $700 per month who would like to remain in place. Whether you're looking to expand your portfolio or start building wealth through real estate, this property is full of potential. Schedule your showing today!
$150,000
Estimated Monthly Payment: $561.08 (including taxes & insurance estimates)
Edit mortgage details for a more accurate paymentProperty Details
| City: East Cleveland | Property Type: Multi Unit - Multiple | |
| Subdivision: Rapid Transit Land Companys S | Lot Size: 0.15 Acres | |
| School District: East Cleveland City | Garage: 2 | |
| Bedrooms: 5 | Taxes: $2,202 | |
| Bathrooms: 3 full | Status: Active | |
| Year Built: 1922 | MLS#: 5218728 |
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| Property Type: Multi Unit - Multiple | Parcel#: 672-27-013 | |
| Basement: Full | Parking: Carport, Detached, Garage | |
| Basement: Yes | Roof Type: Asphalt, Fiberglass | |
| Cooling: None | Sewer: Public Sewer | |
| Days on Site: 1 | Stories: 3.0 | |
| Exterior: Brick | Taxes: $2,202 | |
| Garage: 2 | Water: Public | |
| Heating: Forced Air | Year Built: 1922 | |
| Lot Size: 0.15 Acres |
School Information
| School District: East Cleveland City |
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: bryangarra.realtor@gmail.com, 330-347-8481
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
Cuyahoga County Demographic Information
| Fips |
| Fips Code39035 |
| Population |
| 2020 to 2025 Changedown 2.5% |
| 2010 Count1,280,122 |
| 2020 Count1,264,817 |
| 2025 Estimate (V2025)1,232,925 |
| 2020 Estimate (V2025)1,264,775 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1720.1% |
| 18 to 6454.2% |
| 65 and Older20.5% |
| Gender |
| Male48.0% |
| Female52.0% |
| Place of Birth |
| Foreign7.7% |
| US92.3% |
| Education |
| High School Graduate, Age 25+91.5% |
| Bachelor's Degree or Higher, Age 25+36.5% |
| Computer and Internet use |
| Households with a computer94.0% |
| Households with a broadband Internet subscription89.5% |
| Language |
| English is Second Language, Age 5+12.3% |
| English is First Language, Age 5+87.7% |
| Veterans |
| Veterans54,264 |
| Income |
| Per Capita Income$42,747 |
| Median Household Income$64,468 |
| People in Poverty14.9% |
| Commute |
| Average Work Commute Time24 minutes |
| Housing |
| Total Housing Units615,116 |
| Households554,551 |
| Average Household Size2.20 |
| Owner-Occupied59.4% |
| Multi-Family34.9% |
| Owner-Occupied Median Value$195,400 |
| Median selected monthly owner costs -with a mortgage$1,570 |
| Median selected monthly owner costs -without a mortgage$671 |
| Median gross rent$1,060 |
| Building Permits |
| New Private Housing Issued 20241,685 |
| Years at Residence |
| 1 Year or More86.7% |
| Less Than 1 Year13.3% |
| Business and Employment |
| Private non-farm Establishments31,496 |
| Private non-farm Employment681,543 |
| Private non-farm Employment Growthup 0.7% |
| Nonemployer Establishments110,977 |
| Number of Firms23,160 |
| 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 Area457.19 sq. miles |
| Population Per Square Mile2,800 |