3161 Scranton RoadCleveland, OH 44109

3161 Scranton RoadCleveland, OH 44109

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$390,000 Active
Multi Unit - Multiple MLS 5193286

Listed By

Agency Name: RE/MAX Above & Beyond
Agency Contact: daniel@farairealestate.com, 216-854-9349

Shown By

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

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Property Description

The roof has been repaired, and documentation is available upon request. Excellent opportunity to own two income properties on one parcel in the desirable MetroNorth Tremont area. The properties are professionally managed and include three occupied units and one vacant unit, offering flexibility for investors or owner occupancy. The front building has three one-bedroom, one-bath units, two on the first floor and one on the second. Major updates completed in 2020 include updated electrical with new panel, plumbing, three furnaces, vinyl windows, new drywall and ceilings, kitchens with granite countertops and appliances, updated bathrooms, and newer hot water tanks. The rear house offers two bedrooms and one bath and was renovated in 2019 with updated electrical and plumbing. A driveway provides parking for all units. One unit is currently vacant and available for showings while the others are tenant occupied. Current rents are $1,100, $950, and $900 per month with leases in place. Conveniently located near the West Side Market, Christmas Story House, MetroHealth Medical Center, Cuyahoga Community College, Cleveland State University, Downtown Cleveland, the Rock and Roll Hall of Fame, and many restaurants and attractions. Showings available for the vacant unit, occupied units upon accepted offer. Please DO NOT disturb tenants under any circumstances. DO NOT lock unit knob. Please ONLY lock exterior door.

3161 Scranton Road | MLS# 5193286

This multi-family property located at 3161 Scranton Road, Cleveland, OH 44109 is currently listed for sale with an asking price of $390,000. Scranton Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 2949cortonaroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 36
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $13,088 / year
Year Built: 1900

Feature Descriptions

Exterior: Wood Siding
Parcel#: 008-11-004
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 3161 Scranton Road, Cleveland, OH 44109
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
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

$ 3,186.74 per month $1,982.32 Principal & Interest $1,090.67 Property Tax $113.75 Homeowner's Insurance

Change Payment Information

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