7300 Claasen AvenueCleveland, OH 44105

7300 Claasen AvenueCleveland, OH 44105

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$43,500 Active
Residential - Single Family MLS 5194661 New to the Market
4 beds 1 full baths 1,349 sqft
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Listed By

Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: dreid@stoufferrealty.com, 216-387-0757

Shown By

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

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Property Description

This value-add investment opportunity in Cleveland offers strong potential for both Fix & Flip or BRRRR investors. With a potential resale value around $115,000, this property presents a solid opportunity for buyers seeking a sub-$50K acquisition with strong ARV support. Estimated market rent is around $1,300 per month, making it a viable option for investors planning a long-term rental after renovation and refinance. The property will require repairs, including missing wiring in some areas, a furnace replacement, several interior doors needing replacement, and a bathroom repair due to a hole in the tub surround and a drain issue. The kitchen cabinets are present and in good condition, and the overall structure is considered livable with repairs, providing a strong foundation for investors looking to add value and maximize returns.

7300 Claasen Avenue | MLS# 5194661

This single family home located at 7300 Claasen Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $43,500. This property was built in 1900 and has 4 bedrooms and 1 full baths with 1349 sq. ft. Claasen Avenue is located in the Hickox subdivision within the Cleveland Municipal - 1809 school district. Search Hickox real estate on 486royeravenuenw.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 1
Garage: 2
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.10 Acres
Roof Type: Slate
Stories: 2.0
Taxes: $1,590 / year
Year Built: 1900

Feature Descriptions

Accessibility: None
Exterior: Frame
Fencing: None
Lot: City Lot
Parcel#: 134-01-057
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Market Trends

Cuyahoga County Residential Market Trend Graphs
  • Zip Code 44105

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for 7300 Claasen Avenue, 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

$ 357.42 per month $212.24 Principal & Interest $132.50 Property Tax $12.69 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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