1420 Tampa AvenueCleveland, OH 44109

1420 Tampa AvenueCleveland, OH 44109

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$190,000 Active
Multi Unit - Multiple MLS 5192056 New to the Market

Listed By

Agency Name: DSL Real Estate Services
Agency Contact: 216-767-7108, dlumpkin@dslrealty.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Brick Duplex with Renovations Started Strong Cash Flow Potential in Old Brooklyn Solid all-brick duplex in Cleveland's desirable Old Brooklyn neighborhood offering excellent value-add potential. Renovations are already underway, with updated mechanicals, newer kitchen cabinetry, modern bathroom finishes, and refreshed interior spaces in progress. Both units feature spacious layouts, hardwood flooring, enclosed porches, and large windows that create attractive rental spaces once completed. The property also includes a full basement with updated utilities, a new driveway, detached two-car garage, and deep backyard. With major improvements already started, investors can step in, complete the remaining work, and position the property for projected strong rental income once completed in a well-established Cleveland neighborhood known for consistent rental demand. Great opportunity for cash investors looking to finish the project and capture the upside. Property being sold AS-IS.

1420 Tampa Avenue | MLS# 5192056

This multi-family property located at 1420 Tampa Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $190,000. Tampa Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Heating: Forced Air, Gas
Lot Size: 0.23 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,542 / year
Year Built: 1960

Feature Descriptions

Exterior: Brick
Parcel#: 009-28-103
Parking: Detached, Garage, Paved
Sewer: None
Utilities: Sewer Not Available
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 1420 Tampa Avenue, Cleveland, OH 44109
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,194.26 per month $927.01 Principal & Interest $211.83 Property Tax $55.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage