Cleveland — Top 5 Renovation Picks (Aug 09, 2025)

8703 Force Ave — $39,900

  • Beds/Baths/Sqft: 4 bd / 2 ba / 1,360 sqft
  • Price per SqFt: $29
  • Lot size: 4,347 sqft
  • Year Built / Type: 1880 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $39,900 Aug 8, 2025
  • Summary: This colonial home features a first-floor primary bedroom with an en suite and a rare attached two-car garage, presenting a significant renovation opportunity.
  • Renovation rationale:
    • Extremely low price per sqft at $29, indicating high potential for value increase.
    • Older home built in 1880 offers significant renovation upside.
  • Why these metrics matter for renovation:
    • The low purchase price combined with the potential to renovate can lead to a strong after-repair value (ARV) and increased rental income.
  • Recommended renovation ideas: Update the kitchen and bathrooms, enhance curb appeal, and consider modernizing the interior finishes.
  • View on Redfin

10525 Gooding Ave — $29,900

  • Beds/Baths/Sqft: 5 bd / 2 ba / 2,014 sqft
  • Price per SqFt: $15
  • Year Built / Type: — / Multi-Family (2-4 Unit)
  • Status / Last Sale: Listed (Active) / $29,900 Aug 8, 2025
  • Summary: This spacious duplex in Glenville is an excellent opportunity for renovation, offering two units with strong rental potential.
  • Renovation rationale:
    • Exceptionally low price per sqft at $15, allowing for significant renovation investment.
    • Multi-family layout increases potential rental income.
  • Why these metrics matter for renovation:
    • The low acquisition cost provides a substantial budget for renovations, which can significantly increase cash flow and equity.
  • Recommended renovation ideas: Modernize kitchens and bathrooms, enhance unit layouts, and improve energy efficiency.
  • View on Redfin

4581 E 174th St — $57,500

  • Beds/Baths/Sqft: 3 bd / 1 ba / 1,008 sqft
  • Price per SqFt: $57
  • Lot size: 4,800 sqft
  • Year Built / Type: 1966 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $57,500 Aug 8, 2025
  • Summary: This property offers minimal work needed and great cash flow potential with Section 8 rental options.
  • Renovation rationale:
    • Low price per sqft at $57, indicating a good entry point for investors.
    • Potential for strong rental income with Section 8 tenants.
  • Why these metrics matter for renovation:
    • This price allows for renovations that can enhance tenant appeal and increase market rent.
  • Recommended renovation ideas: Update flooring, paint, and finish the bathroom for modern appeal.
  • View on Redfin

3212 Portman Ave — $164,900

  • Beds/Baths/Sqft: 2 bd / 1 ba / 810 sqft
  • Price per SqFt: $203
  • Lot size: 5,000 sqft
  • Year Built / Type: 1925 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $164,900 Aug 8, 2025
  • Summary: This well-maintained bungalow offers a ready-to-move-in option with potential for upstairs finishing.
  • Renovation rationale:
    • Reasonable price for a two-bedroom home in a desirable area, with potential for additional living space upstairs.
  • Why these metrics matter for renovation:
    • The existing layout allows for flexibility in renovations, potentially increasing overall living space and value.
  • Recommended renovation ideas: Finish the upstairs for additional bedroom or living space, and modernize the kitchen and bath.
  • View on Redfin

179,900 — 4241 W 58th St

  • Beds/Baths/Sqft: 3 bd / 1.5 ba / 1,276 sqft
  • Price per SqFt: $117
  • Lot size: 4,752 sqft
  • Year Built / Type: 1940 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $149,900 Aug 8, 2025
  • Summary: This desirable colonial is well-maintained and offers a large living room and dining area, perfect for entertaining.
  • Renovation rationale:
    • Solid price per sqft and a well-maintained structure with room for personalization.
  • Why these metrics matter for renovation:
    • The existing layout and size provide a solid foundation for renovations that can enhance functionality and comfort.
  • Recommended renovation ideas: Update kitchen and bathrooms, enhance outdoor spaces, and consider modern finishes throughout.
  • View on Redfin

Good picks but kind of expensive

Woah this kinda cheap