Lisa Smith
← INNOVATE Real Estate
15506 Elderwood Avenue
1 photo

$40,000

15506 Elderwood Avenue
Cleveland, OH 44112
Listed by Patrice Reynolds · Keller Williams Greater Metropolitan
Bedrooms
4
Bathrooms
2
Living area
2,288 sqft
Year built
1922

About this home

Investor special! Occupied duplex generating $1,050 in rent monthly. Property needs some TLC but offers strong upside for those willing to make improvements. Increase rents, build equity, and enhance overall performance with strategic updates. No assignments, wholesaling, seller finance or subject to offers. Showings only with accepted offer subject to viewing. Buyer to assume all POS violations

Property details

MLS #
5195095
Property type
Duplex
Subdivision
Euclid Coit Realty Cos
Status
Active
Days on market
109
On market date
March 27, 2026
Stories
N/A
Garage spaces
2
Lot size
0.1038 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Apex Academy
0.43 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
476
Student:teacher ratio
21.6:1
District
Apex Academy
Middle
W.H. Kirk Middle School
0.84 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
339
Student:teacher ratio
14.1:1
District
East Cleveland City School District
High
Shaw High School
0.26 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
607
Student:teacher ratio
15.2:1
District
East Cleveland City School District

Mortgage calculator

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Est. monthly payment
$391/mo
$8,000 down
$32,000 loan
Principal & interest$208
Property tax (est.)$33
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 27 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.