3221 W 56th St, Cleveland, OH 44102 — $74,900
- Beds/Baths/Sqft: 4 bd / 1 ba / 1650 sqft
- Price per SqFt: $45
- Lot size: 5000 sqft
- Year Built / Type: 1910 / Single Family Residential
- Status / Last Sale: Listed (Active) / $74,900 Aug 7, 2025
- Summary: This property needs work but offers a spacious layout with four bedrooms, making it a promising renovation project.
- Renovation rationale:
- Low entry price at $74,900 with a low price per sqft of $45.
- Older build (1910) suggests potential for value appreciation through renovations.
- Why these metrics matter for renovation:
- The low price per sqft allows for a more flexible renovation budget, and the older year built indicates opportunities for significant value increases post-renovation.
7427 Spafford Rd, Cleveland, OH 44105 — $60,000
- Beds/Baths/Sqft: 2 bd / 1 ba / 800 sqft
- Lot size: 5075 sqft
- Year Built / Type: 1890 / Single Family Residential
- Status / Last Sale: Listed (Active) / $60,000 Aug 6, 2025
- Summary: This tenant-occupied property generates passive income and offers renovation potential for future appreciation.
- Renovation rationale:
- Extremely low price at $60,000 provides a low-risk entry point for investors.
- Older build (1890) indicates potential for renovation upside.
- Why these metrics matter for renovation:
- The low purchase price allows for a significant budget for renovations, while the existing tenant can cover carrying costs during the renovation period.
4399 E 141st St, Cleveland, OH 44128 — $97,000
- Beds/Baths/Sqft: 2 bd / 1 ba / —
- Lot size: 4879 sqft
- Year Built / Type: 1950 / Single Family Residential
- Status / Last Sale: Listed (Active) / $97,000 Aug 7, 2025
- Summary: This fully remodeled property is generating income and features recent major system updates, making it an excellent turn-key investment.
- Renovation rationale:
- Affordable price point of $97,000 with a solid rental income of $1,100/month.
- Recent renovations suggest that major systems are already updated, allowing for cosmetic enhancements.
- Why these metrics matter for renovation:
- The existing rental income offsets costs while renovation can further increase property value and rental rates.
3448 W 126th St, Cleveland, OH 44111 — $159,000
- Beds/Baths/Sqft: 2 bd / 1 ba / —
- Lot size: 3675 sqft
- Year Built / Type: 1922 / Single Family Residential
- Status / Last Sale: Listed (Active) / $159,000 Aug 7, 2025
- Summary: This charming home is well-maintained and offers a finished attic space, providing potential for additional living space.
- Renovation rationale:
- Reasonable price of $159,000 with potential for conversion of the attic into a third bedroom.
- Older home (1922) presents opportunities for value enhancement through renovations.
- Why these metrics matter for renovation:
- The potential for adding space (attic conversion) can significantly increase the property’s market value and rental potential.
15804 Scottsdale Blvd, Shaker Heights, OH 44120 — $168,000
- Beds/Baths/Sqft: 2 bd / 1 ba / 945 sqft
- Price per SqFt: $177
- Lot size: 5248 sqft
- Year Built / Type: 1940 / Single Family Residential
- Status / Last Sale: Listed (Active) / $168,000 Aug 7, 2025
- Summary: This beautifully maintained ranch is move-in ready and offers low-maintenance living, making it a great investment opportunity.
- Renovation rationale:
- Priced at $168,000 with a reasonable price per sqft of $177, it is well-positioned for appreciation.
- Older build (1940) provides potential for upgrades and renovations to boost value.
- Why these metrics matter for renovation:
- The combination of a reasonable price per sqft and potential for modern updates can lead to significant returns on investment.
