7107 Ivy Avenue, Cleveland, OH 44127
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: michael azzam
Office: re/max haven realty
MLS#:5247062
Source:OH_NORMLS
Price summary
- Price:$20,000
- Price per sq. ft.:$15.63
About this home
This Cleveland colonial presents a strong BRRRR opportunity for investors looking for a full-rehab project with attractive rental potential. Featuring 2 bedrooms and 1 full bathroom, the home offers a traditional layout with a spacious living room, functional kitchen with adjoining dining space, and a full basement that provides additional storage and potential for future value-add improvements.
The property features aluminum siding and an asphalt driveway but will require a complete renovation. A significant opening in the roof is present over the rear kitchen bump-out and will need to be addressed as part of the rehabilitation. For the right investor, this creates an opportunity to renovate the property from the ground up, improve its overall condition and functionality, and reposition it as an income-producing rental.
Once renovated and rent-ready, the property has an estimated market rent of approximately $1,100 per month, offering solid potential for investors pursuing a buy, rehab, rent, refinance, and repeat strategy.
Conveniently located in Cleveland with easy access to I-77 and I-490, the property offers connectivity to employment centers and surrounding neighborhoods. It is also just minutes from Select Specialty Hospital – Cleveland Fairhill, with access to major roads, public transportation, shopping, schools, parks, restaurants, and other everyday amenities.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
Bring your renovation plan and take advantage of the opportunity to transform this property into a refreshed, cash-flowing addition to your investment portfolio!
No wholesalers. No Seller financing. No low ball offers....
Contact an agent
Home facts
- Year built:1900
- Subdivision & Development:Morgan
- Listing ID #:5247062
- Added:2 day(s) ago
- Updated:September 25, 2026 at 02:40 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Full
- Living area:1,280 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:1,280 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Colonial
- Construction Materials:Aluminium Siding, Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$20,000
- Price per sq. ft.:$15.63
- Tax amount:$1,139 (2025)
Parking
- Parking description:Driveway
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