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987 E 78th Street Cleveland, OH $ 89,500
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$ 89,500 Get more info
987 E 78th Street
$ 89,500
Back to search
Share Save

987 E 78th Street

Cleveland, OH, 44103
$ 89,500
Bedrooms6 Baths2.0 Sq 1,792

Monthly Estimate*

$ 558

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Multi-Family Home for sale in Cleveland, OH

for $89,500 with 6 bedrooms and 2 full baths. This 1,792 square foot home was built in 1900 on a lot size of 0.146.

Investment Opportunity – High Cash Flow Rental Property Discover a strong income-producing opportunity with this versatile property currently operating with six rented bedrooms at $125/week each, generating approximately $3,000/month in rental income. Ideal for investors seeking immediate returns, this property offers steady occupancy and flexible potential for future use. Conveniently located near local amenities, the home provides tenants with comfortable living spaces and shared access to common areas. With reliable weekly rents already in place, new owners can step into a proven income stream from day one. Buyer to perform their own due diligence regarding zoning, permitted use, and any potential modifications. Thank you for your interest—this is a great chance to expand your investment portfolio with a property designed for consistent performance!

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Multi-Family Contingent

Price

$ 89,500

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,509

Style

Lot Size

0.146

Year Built

1900

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5169937
Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Wall Unit(s)
Possession Negotiable
Roof Asphalt Fiberglass
Construction Materials Shake Siding
Year Built 1900
Township Cleveland
Levels Three Or More
Property Subtype Duplex
Tax Year 2024
Additional Parcels Description 105-30-053
County Cuyahoga
Property Type Residential Income
Attached Garage false
Contingency Appraisal
Garage Y/N false
Total Rooms 10
Full Baths 2
Status Contingent
Directions Only 3 miles west to Downtown Cleveland or southeast to Case Western. 2 miles from the Cultural Gardens 3 miles from Wade Oval for access to the Natural History or Art Museums and the Botanical Gardens.
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1509
Home Warranty Y/N false
Property Condition Fixer
Living Area Units Square Feet
Standard Status Active Under Contract
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description both parcels are .073 totaling .146 acres
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Interior
Basement Concrete Walk-Out Access
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 1792
Half Baths 0
Laundry Features Common Area
Total Bedrooms 6
Below Grade Finished Area 0
Main Level Bathrooms 0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Total Baths 2
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Exterior
Exterior Amenities Awning(s)
Fencing Fenced
Parking Features Additional Parking On Street
Lot Features Additional Land Available
Water Source Public
Lot Size Area 0.146
Number of Buildings 1
Lot Size Acres 0.146
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Lauren Patrick

Listing Agent

Vincent Patrick Realty

Broker

lpsoldit@gmail.com

Email

Affordability Calculator

$684
Per Month
82%
18%
0%
Monthly Principal & Interest
$558
Monthly Property Taxes
$126
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457981 Elementary School
4457986 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/5/2025$89,500 -10.05% Price Down
11/5/2025$99,500 Listed Price

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987 E 78th Street, Cleveland, OH, 44103 is a Multi-Family Home for sale at $89,500 with 1,792 sqft and a lot size of 0.146. 987 E 78th Street has 6 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 44103 which is in Cleveland, OH

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