1817 Penrose Avenue
East Cleveland, OH 44112
- 6 beds
- 2 baths
- 2,910 sqft
- 3,798 sqft lot
- $37 per sqft
- 1907 build
- – on site
Attention investors! This multifamily property in the rapidly developing Circle East neighborhood is your next value-add project. With solid bones and ample space, this fixer-upper offers incredible profit margins. This side-by-side duplex boasts 3 bedrooms on each side with separate utility meters. Additionally, the attic area has bonus living space. The Circle East District is one of Cleveland's hottest projects and substantial investments with the Cuyahoga County Landbank. Phase I includes a mix of housing types, rebuilding of the waterline and sewer infrastructure, repaving of the streets, new sidewalks, tree lawns, trees, streetlights, and the installation of fiber optic cable. Phase II will begin this year with the groundbreaking of new luxury homes on Penrose Avenue and adjacent streets. These new homes are projected to be listed for over $325,000! The development of new commercial and recreational amenities on Euclid Avenue are included in the plan as well. This is the diamond in the rough you've been looking for! Don't miss this amazing opportunity! Google Circle East District to learn more about this major community revitalization project! Zoned for medical, dental, and apartment/residential. Cash deal. Easy to show!
Last checked:
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Last updated Mar 15, 2025
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MLS# 5103833 —
The Building
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Year Built:1907
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding
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Levels:ThreeOrMore
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Roof:Asphalt
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Basement:Unfinished
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:2810.0
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Above Grade Finished Area Source:Estimated
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Below Grade Finished Area:100.0
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Below Grade Finished Area Source:Estimated
Room Dimensions
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Living Area:2910.0
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Living Area Units:SquareFeet
Location
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Directions:Directly off of Euclid Ave.
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Latitude:41.517369
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Longitude:-81.594359
The Property
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Parcel Number:672-14-109
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Size Acres:0.0872
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Lot Size Area:0.0872
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 658-2888
- Office phone:
- (440) 255-5500
Taxes
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Tax Year:2024
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Tax Legal Description:389 SP 207 FT S OF EUCLID
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Tax Annual Amount:$1,581
Beds
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Bedrooms Total:6
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Listing Terms:Cash,Exchange1031
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/1817-Penrose-Avenue-East-Cleveland-OH-44112/unbranded
Heating & Cooling
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Heating:ForcedAir
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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:East Cleveland CSD - 1812
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Middle School District:East Cleveland CSD - 1812
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High School District:East Cleveland CSD - 1812
The Community
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Pool Private: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:Garage
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/14/25
Mar 14, 2025
|
Price Changed | MLS_NOW | $110,000 | -26.7% |
3/3/25
Mar 3, 2025
|
Listed / Active | MLS_NOW | $150,000 | |
11/20/20
Nov 20, 2020
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Sold | MLS_NOW |