2315 Hood AvenueOld Brooklyn, OH 44109

2315 Hood AvenueOld Brooklyn, OH 44109

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$179,900 Pending
Multi Unit - Multiple MLS 5193804 New to the Market Pending
6 beds 2 full baths 2,052 sqft

Listed By

Agency Name: Progressive Urban Real Estate Co
Agency Contact: dsharkey@progressiveurban.com, 216-533-1617

Shown By

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

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Property Description

This well positioned duplex presents a strong investment opportunity, generating a combined monthly rental income of $1,850. The downstairs unit offers a spacious, well designed layout featuring laminate wood flooring and ceiling fans throughout, creating a comfortable and inviting living space. The upstairs unit features a blend of ceramic tile and carpet, ceiling fans, white cabinetry, and generous closet space throughout. Both units provide practical, tenant friendly layouts that support consistent occupancy and long term rental appeal, making this property a solid addition to any investment portfolio. Situated in the sought after Old Brooklyn neighborhood, the property is surrounded by everyday conveniences including grocery stores, retail shops, and a variety of local eateries. With quick access to major highways such as SR 176, I-480 and I-71, commuting throughout Cleveland and the region is seamless including downtown, University Circle, Steelyard Commons, area hospitals and beyond. Public transportation options are also nearby, further enhancing accessibility for tenants. Located in a stable rental market with strong demand, this income producing property is ideal for investors seeking immediate cash flow with continued upside potential.

2315 Hood Avenue | MLS# 5193804

This multi-family property located at 2315 Hood Avenue, Old Brooklyn, OH 44109 is currently listed for sale with an asking price of $179,900. Hood Avenue is located within the Cleveland Municipal - 1809 school district. Search Old Brooklyn real estate on 2535searsroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 2
Garage: 2
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $3,746 / year
Year Built: 1910

Amenities

Walk-In Closet(s)
Balcony

Feature Descriptions

Appliances: Range, Refrigerator
Community Features: Sidewalks
Exterior: Vinyl Siding
Fencing: Back Yard
Laundry: Washer Hookup, Electric Dryer Hookup, In Basement
Lot: City Lot
Parcel#: 011-05-076
Parking: Driveway, Detached, Garage, Off Street
Patio/Porch: Balcony
Sewer: Public Sewer
View: Neighborhood
Water: Public
Window: Double Pane Windows

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 2315 Hood Avenue, Old Brooklyn, OH 44109
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
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

$ 1,242.37 per month $877.73 Principal & Interest $312.17 Property Tax $52.47 Homeowner's Insurance

Change Payment Information

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