4099 E 56th StreetCleveland, OH 44105

4099 E 56th StreetCleveland, OH 44105

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$130,000 Pending
Multi Unit - Multiple MLS 5110770 Pending

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: jessek.cst@gmail.com, 440-212-5656

Shown By

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

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Property Description

Welcome to 4099 E 56th St in Cleveland, a well maintained multifamily property offering an excellent investment opportunity located in the Newburgh Heights neighborhood. This property features two spacious units, each one bedroom one bathroom although the upstairs has a flex space that can be used as a second bedroom. Both units have been cosmetically updated, providing modern finishes. The property has been well cared for with the roof and mechanicals updated within the last five years, giving you peace of mind and lower maintenance costs. With its convenient location, recent updates, and strong rental potential, this duplex is ideal for investors looking to expand their portfolio or for owner occupants seeking rental income.

4099 E 56th Street | MLS# 5110770

This multi-family property located at 4099 E 56th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $130,000. E 56th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 350
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $1,209 / year
Year Built: 1900

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 132-22-094
Parking: Off Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 4099 E 56th Street, Cleveland, OH 44105
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

$ 799.44 per month $660.77 Principal & Interest $100.75 Property Tax $37.92 Homeowner's Insurance

Change Payment Information

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