513 E 117 StreetCleveland, OH 44108

513 E 117 StreetCleveland, OH 44108

1/15 Fullscreen
$279,000 Active
Multi Unit - Multiple MLS 5195101 New to the Market
8 beds 4 full baths 4,000 sqft

Listed By

Agency Name: Key Realty
Agency Contact: blakealterman@millennialgrouprealestate.com, 216-203-5648

Shown By

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

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Property Description

Welcome to 513 E 117th. This building is an investors dream. A complete rehab was just done on this brick building making the building virtually worry free. Currently 3 of the four units are occupied with the 4th unit scheduled for a tenant to move in April 1st of 2026. All units are rented for $900 each with a gross rent of $3600 a month. The building has been totally remodeled and lead abated. New roof 2025, new glass block windows 2025, new electric service 2025 and new windows 2026 complete the exterior of this brick building. Inside new HVAC 2025, new hot water tanks 2025, new breaker boxes 2025, updated electric 2025, updated plumbing 2025, new flooring 2026, fresh paint 2026. The finishing touches are in the process of being done. This is a must add to real-estate portfolio.

513 E 117 Street | MLS# 5195101

This multi-family property located at 513 E 117 Street, Cleveland, OH 44108 is currently listed for sale with an asking price of $279,000. E 117 Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 542snivelyavenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Common Basement, Concrete
Cooling: None
Heating: Forced Air, Gas
Lot Size: 6,000.00 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $2,569 / year
Year Built: 1920

Feature Descriptions

Exterior: Brick
Parcel#: 111-05-109
Parking: On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 513 E 117 Street, Cleveland, OH 44108
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

$ 1,656.70 per month $1,361.24 Principal & Interest $214.08 Property Tax $81.38 Homeowner's Insurance

Change Payment Information

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