2010 Forestdale Avenue Cleveland, OH 44109

2010 Forestdale Avenue Cleveland, OH 44109

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$145,000 Active
Multi Unit - Multiple MLS 5191084 New to the Market
5 beds 2 full baths 1,793 sqft
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Listed By

Agency Name: Red 1 Realty, LLC
Agency Contact: contact@riversridgecapital.com, 216-238-2167

Shown By

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

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Property Description

Turnkey duplex in the heart of Old Brooklyn, just minutes from the new MetroHealth hospital campus. This spacious property offers approximately 1,800 sq ft with 5 bedrooms and 2 bathrooms total, featuring large units that are ideal for both investors and owner-occupants. The property has seen numerous updates including newer siding, windows, chimney flashing, plumbing, electrical, carpeting, paint, and an updated bathroom, with furnaces in good condition. The property offers a full basement with laundry hookups and additional storage. Outside you'll find a good-sized yard, off-street parking, and a storage shed. Located in the stable Old Brooklyn rental market, this property presents strong income potential. Based on HUD Fair Market Rents, potential gross rents could reach approximately $2,470/month, with 3-bedroom units often commanding a premium in the Section 8 program. Clean, vacant, and ready to rent, this is an excellent opportunity for an investor looking for immediate cash flow or a house hacker looking to live in one unit while the other helps pay the mortgage.

2010 Forestdale Avenue | MLS# 5191084

This multi-family property located at 2010 Forestdale Avenue , Cleveland, OH 44109 is currently listed for sale with an asking price of $145,000. Forestdale Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 4363seahorselane.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 7
Garage: 2
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,662 / year
Year Built: 1900

Feature Descriptions

Exterior: Vinyl Siding
Fencing: Chain Link
Parcel#: 008-25-020
Parking: Driveway, Off Street, Parking Pad
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 2010 Forestdale Avenue , Cleveland, OH 44109
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

$ 888.25 per month $707.46 Principal & Interest $138.50 Property Tax $42.29 Homeowner's Insurance

Change Payment Information

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