4217 Hyde Avenue, Cleveland, OH 44109 - $245,000

  • Beds: 8
  • Baths: 3 full
  • Sq. Feet: 3,028
  • Days on Site: n/a
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4217 Hyde Avenue, Cleveland, OH 44109
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Comments for 4217 Hyde Avenue, Cleveland, OH 44109

Attention Investors! Perfect opportunity to acquire this solid cash flowing triplex located in Cleveland's thriving west side. This tenant-occupied property is currently generating $2,600 per month, providing immediate income from day one, but allowing for room to increase to market rent at $2,900. 5 bed /2 bath duplex on the front of the property, and a 3 bed /1 bath single family on the rear. Each unit features a functional layout with long-term rental appeal and is professionally maintained. Ideal hands-off investment for buyers looking to expand their portfolio. Conveniently situated near shopping, dining, public transportation, and major highways, this west side location continues to see strong rental demand and neighborhood growth. Available as a package with 2 other properties, contact agent for details. *Photos limited due to tenant occupancy

$245,000

Estimated Monthly Payment: $1,133.72 (including taxes & insurance estimates)

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Property Details

City: ClevelandProperty Type: Multi Unit - Multiple
Subdivision: Selden AllotmentLot Size: 0.11 Acres
School District: Cleveland Municipal - 1809Bedrooms: 8
Taxes: $6,204Bathrooms: 3 full
Status: ActiveSquare Feet: 3028
Year Built: 1900MLS#: 5210621

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Property Features

Property Type: Multi Unit - MultipleParking: Driveway
Basement: YesRoof Type: Asphalt, Fiberglass
Basement: UnfinishedSewer: Public Sewer
Cooling: NoneStories: 2.0
Exterior: Vinyl SidingTaxes: $6,204
Heating: Forced AirWater: Public
Lot Size: 0.11 AcresYear Built: 1900
Parcel#: 015-01-099 

School Information

School District: Cleveland Municipal - 1809

Listed By

Agency Name: RE/MAX Above & Beyond
Agency Contact: adamesarmani.aa@gmail.com, 216-370-8550

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555

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  • Demographics
  • Walk Score

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

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