Cleveland — Top 5 Renovation Picks (Aug 11, 2025)

3414 E 143rd St — $66,500

  • Beds/Baths/Sqft: 3 bd / 1 ba / 1,361 sqft
  • Price per SqFt: $48
  • Lot size: 4,800 sqft
  • Year Built / Type: 1920 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $66,500 Aug 11, 2025
  • Summary: This 3-bedroom, 1-bath colonial is situated in a strong rental area, presenting a great investment opportunity.
  • Renovation rationale:
    • Low price per square foot at $48 makes it an affordable entry point for renovations.
    • The home is over 100 years old, indicating potential for significant value-add through updates.
  • Why these metrics matter for renovation:
    • The low price per sqft allows for a larger renovation budget relative to purchase price, enhancing ARV potential.
  • Recommended renovation ideas: Update kitchen and bathroom fixtures, enhance curb appeal, and consider adding a deck or patio for outdoor living.
  • View on Redfin

4100 Archwood Ave — $239,900

  • Beds/Baths/Sqft: 5 bd / 3 ba / 2,907 sqft
  • Price per SqFt: $83
  • Lot size: 4,680 sqft
  • Year Built / Type: 1926 / Multi-Family (2-4 Unit)
  • Status / Last Sale: Listed (Active) / $239,900 Aug 11, 2025
  • Summary: This well-maintained multi-family property offers immediate rental income with long-term tenants and recent updates, ensuring reduced maintenance costs.
  • Renovation rationale:
    • Low price per square foot at $83 allows for substantial renovations while maintaining cash flow.
    • 5 bedrooms and 3 bathrooms provide flexibility for family or rental configurations.
  • Why these metrics matter for renovation:
    • The size and layout can accommodate multiple tenants or larger families, increasing rental income potential.
  • Recommended renovation ideas: Upgrade kitchens and bathrooms, enhance common areas, and improve outdoor space for tenant enjoyment.
  • View on Redfin

10602 Earle Ave — $160,000

  • Beds/Baths/Sqft: 6 bd / 3 ba / 2,138 sqft
  • Price per SqFt: $75
  • Lot size: 4,321 sqft
  • Year Built / Type: 1920 / Multi-Family (2-4 Unit)
  • Status / Last Sale: Listed (Active) / $160,000 Aug 9, 2025
  • Summary: This fully updated triplex offers exceptional income potential with recent major updates, ensuring low-maintenance ownership.
  • Renovation rationale:
    • Affordable price per square foot at $75 provides room for further enhancements.
    • The property features 6 bedrooms, making it ideal for multiple tenants or larger families.
  • Why these metrics matter for renovation:
    • The multi-unit configuration allows for diversified income streams, optimizing cash flow and investment returns.
  • Recommended renovation ideas: Further improve individual units with modern finishes, enhance landscaping, and consider energy-efficient upgrades.
  • View on Redfin

13414 Ferris Ave — $165,000

  • Beds/Baths/Sqft: 5 bd / 2 ba / 1,728 sqft
  • Price per SqFt: $95
  • Lot size: 5,600 sqft
  • Year Built / Type: 1920 / Multi-Family (2-4 Unit)
  • Status / Last Sale: Listed (Active) / $165,000 Aug 7, 2025
  • Summary: This fully occupied duplex offers strong rental income with long-term tenants in place, making it a turnkey investment.
  • Renovation rationale:
    • Reasonably low price per square foot at $95, allowing for updates while maintaining cash flow.
    • 5 bedrooms provide flexibility for larger family units or multiple tenants.
  • Why these metrics matter for renovation:
    • The potential for increased rents post-renovation makes this a lucrative investment opportunity.
  • Recommended renovation ideas: Update kitchens and bathrooms, enhance common areas, and improve exterior aesthetics to attract higher-paying tenants.
  • View on Redfin

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 features a first-floor primary bedroom and significant upside for renovations, priced for investors or handy buyers.
  • Renovation rationale:
    • Extremely low price per square foot at $29, providing a substantial budget for renovations.
    • The home is over 140 years old, indicating potential for significant value-add through improvements.
  • Why these metrics matter for renovation:
    • The low acquisition cost allows for extensive renovations, increasing the potential ARV significantly.
  • Recommended renovation ideas: Complete interior updates, enhance curb appeal, and consider adding energy-efficient systems.
  • View on Redfin

3 Likes

Really helps me understand renovation potential.

Excellently picked choice of housing in Cleveland

No one does these picks better :smiling_face: