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Property profile & analytics

616 117th St Cleveland, OH 44108-2302

  • Residential income homes
  • 3,790 SF
  • 0.11 lot acres
OFF-MARKET
Last Sale
Aug 16, 2021
$270,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-0599572
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Residential income homes

Property Details for 616 117th St

Year built
1920
Construction
TYPE NOT SPECIFIED
Lot size
0.11 lot acres
Property size
3,790 SF
Zone code
MF-2
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
110-02-081
APU
11002081

Description

This exceptional investment opportunity presents a multi-unit apartment building located at 616 E 117th Street, Cleveland, Ohio. The property sits on a 0.11-acre lot and is being offered via auction, concluding Thursday, February 6th at 4:00 PM. This is an "AS-IS" sale, meaning no inspections are permitted, and buyers are responsible for conducting their own due diligence prior to bidding. The sale is subject to the terms and conditions outlined on the AuctionOhio website, where interested parties must register and submit their bids. This property presents a compelling opportunity for investors seeking to generate immediate cash flow. The exact square footage of the building is not currently available. Given the "AS-IS" nature of the sale, potential buyers should be prepared to undertake necessary repairs and renovations as needed. The auction format necessitates a swift and decisive approach to bidding. All interested parties are strongly encouraged to review the complete auction details and terms on the AuctionOhio website before participating. This is a chance to acquire a Cleveland apartment building at an attractive price, but requires a buyer comfortable with the inherent risks of an "AS-IS" auction purchase.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.6041
Latitude
41.5406
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,439
$1,510
$54,150
$55,660
-
$4,300
$154,700
$159,000
More about this property
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