1520 E 108th Street
Cleveland, OH 44106
- 6 beds
- 3 baths
- 3,947 sqft
- 9,309 sqft lot
- $114 per sqft
- 1930 build
- – on site
Student housing near Case Western Reserve University. Investors looking for the perfect property for student housing, look no further! This solid house with 6 bedrooms can easily be rented between $650-800 a room (plus cost of utilities), easily generating $46-57K annually. The basement could have additional bedrooms and bathroom. Valuable off-street parking with 2-car garage! Current owner pays $1300 annually for insurance and $800 for yard care. Tenants reimburse ALL utilities... keeping overhead costs low. And if you are looking for a stately home to refinish and make your own, this could be a stunning property! Additional features include a large covered porch, as well as a second floor sun deck. The garage has an unfinished upstairs that could be converted into a home office. Property is leased through 5.31.25 for $4300/month + all utilities. The flat roof needs to be repaired (2 sections and rear gutter = $5850 + $2100 for new railings) Seller is also selling 1504 E 107 (furnished student housing) + 2075 Coventry (triplex) + 2189 Rexwood (triplex).
Last checked:
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Checking…
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Last updated Jan 15, 2025
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MLS# 5094353 —
The Building
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Year Built:1930
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Year Built Source:PublicRecords
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Construction Materials:Brick
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Architectural Style:Colonial
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Levels:Two,ThreeOrMore
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Stories:3
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Roof:Asphalt,Fiberglass
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Basement:Full,PartiallyFinished
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Basement:true
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Stories Total:3
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Above Grade Finished Area:3411.0
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Above Grade Finished Area Source:Assessor
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Below Grade Finished Area:536.0
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Below Grade Finished Area Source:Estimated
Interior
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Rooms Total:11
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Fireplace:true
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Fireplaces Total:2
Room Dimensions
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Living Area:3947.0
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Living Area Units:SquareFeet
Location
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Directions:Between Ashbury and Wade Park.
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Latitude:41.516063
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Longitude:-81.61238
The Property
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Parcel Number:120-15-031
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Condition:UpdatedRemodeled
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Lot Size Acres:0.2137
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Lot Size Area:0.2137
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Property Attached:false
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 849-8032
- Office phone:
- (216) 860-0005
Taxes
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Tax Year:2024
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Tax Legal Description:386 WADEPK 0283 ALL
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Tax Annual Amount:$8,323
Beds
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Bedrooms Total:6
Baths
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Total Baths:3
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Full Baths:2
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Half Baths:1
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Main Level Baths:1
The Listing
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Listing Terms:Cash,Conventional,Exchange1031
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Home Warranty:false
Heating & Cooling
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Heating:HotWater,Steam
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Wade Park
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Pool Private:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport:false
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Parking Features:Detached,Garage
Monthly cost estimate
Asking price
$450,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,409
|
| Taxes | $693 |
| Insurance | $123 |
| Utilities | $251 See report |
| Total | $3,476/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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1/15/25
Jan 15, 2025
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Listed / Active | MLS_NOW | $450,000 | 631.7% (50.9% / YR) |
|
8/20/12
Aug 20, 2012
|
MLS_NOW | $61,500 |
