1082 E 78thCleveland, OH 44103

1082 E 78thCleveland, OH 44103

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$245,000 Contingent
Multi Unit - Multiple MLS 5197381 Contingent
8 beds 4 full baths 6,300 sqft

Listed By

Agency Name: Keller Williams Living
Agency Contact: mike@ontheblockgroup.com, 330-607-8592

Shown By

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

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Property Description

Investor Opportunity in Cleveland Turnkey Multi-Unit with Strong Rental Potential Welcome to 1082 E 78th Street, a solid multi-family investment opportunity in Cleveland. This property has been thoughtfully maintained and updated, making it a great addition to any portfolio. All units have been turned prior to the current tenants, offering clean, refreshed living spaces that help minimize immediate maintenance concerns. The property also features many updates throughout, giving investors confidence in both condition and long-term performance. Two brand new hot water tanks were just installed, adding to the list of recent improvements and helping reduce future capital expenses. With multiple units generating consistent rental income, this property offers strong cash flow potential. Total monthly rent: $3,887 Whether you're looking to expand your portfolio or secure a stabilized asset with upside, this is one worth a closer look.

1082 E 78th | MLS# 5197381

This multi-family property located at 1082 E 78th, Cleveland, OH 44103 is currently listed for sale with an asking price of $245,000. E 78th is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 103randomroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry
Cooling: None
Days on Market: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $2,901 / year
Year Built: 1890

Feature Descriptions

Exterior: Wood Siding
Parcel#: 105-31-108
Parking: Driveway, No Garage, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 1082 E 78th, Cleveland, OH 44103
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

$ 1,571.46 per month $1,258.25 Principal & Interest $241.75 Property Tax $71.46 Homeowner's Insurance

Change Payment Information

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