8707 Detroit Avenue, Cleveland, OH 44102

Local realty services provided by:Better Homes and Gardens Real Estate Central
8707 Detroit Avenue,Cleveland, OH 44102
$895,000
  • 3 Beds
  • 1 Baths
  • 27,585 sq. ft.
  • Multi-family
  • Pending
Listed by:daniel a perelman
Office:platinum real estate
MLS#:5125651
Source:OH_NORMLS

Price summary

  • Price:$895,000
  • Price per sq. ft.:$32.45

About this home

Amazing opportunity to acquire 15 townhomes in a great neighborhood. All units have their own private basement, LR, Dr, and kitchen on the first floor and 3 bedrooms and bathroom up. All separate utilities including separate water and sewer. Each unit has its own separate parcel # Creating great opportunities to fix and flip each and resell, or keep and have great cash flow. Some work is started but will need full rehab. One unit is fire-damaged and may not be salvageable. Newer roof on the whole property, except for the fire-damaged unit. Also comes with the 16th parcel of a completely redone parking lot, with plenty of spaces. Possible owner financing with down payment, and POF to handle the rehab. City says they are willing to give tax abatement for the right developer.

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Home facts

  • Year built:1910
  • Listing Id #:5125651
  • Added:84 day(s) ago
  • Updated:August 16, 2025 at 07:18 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:27,585 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Year built:1910
  • Building area:27,585 sq. ft.
  • Lot area:0.74 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$32.45
  • Tax amount:$13,360 (2024)
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