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About This Home

This 4-bedroom, 1-bathroom single family at 2300 E 86th Street in Cleveland, OH is listed for $94,500 ($69 per sqft). Built in 1900, the home offers 1,368 sqft of living space on a 0.07 acres lot.

Agent Description

This is the opportunity investors have been waiting for. Located in the heart of Cleveland's highly desirable 44106 neighborhood, this 4-bedroom, 1-bath home is ready for a complete transformation and offers tremendous upside for the right buyer. While the property needs renovation, the fundamentals are there, including solid mechanical systems already in place, allowing you to focus your budget on maximizing value.

Even better, the current layout presents the potential to be reconfigured into a 6-bedroom property, creating a unique opportunity to significantly increase future rental income and overall asset value. The location is what truly sets this property apart.

Situated just minutes from University Circle, Cleveland Clinic, Case Western Reserve University, University Hospitals, Little Italy, and Uptown, you'll be surrounded by some of the strongest economic drivers in Northeast Ohio. The area continues to benefit from substantial investment, new construction, redevelopment projects, and growing demand from both renters and homeowners.

With restaurants, entertainment, major employers, and public transportation all nearby, this is a neighborhood that continues to attract attention from investors across the region. The numbers make the opportunity even more compelling. According to current CMHA payment standards, a 4-bedroom home may qualify for up to approximately $2,260 per month

, while a 6-bedroom configuration can command up to approximately $2,938 per month through the Housing Choice Voucher program. For investors looking to capitalize on Cleveland's growing University Circle market, this property offers a rare chance to create substantial equity, increase cash flow, and own an asset in one of the city's strongest appreciation corridors. Bring your vision, complete the renovation, and unlock the full potential of this 44106 investment opportunity.

Key Features

  • Built in 1900
  • 0.07 acre lot
  • 2 stories

Property Details

2 stories
1 full
1900

Monthly Cost Estimate

$505/mo

20% down · 6.5% · 30 years

Principal$68
Interest$410
Insurance$28

Estimates only. Actual payments may vary.

Location

2300 E 86th Street

Cleveland, OH 44106

A J Marsh Trustees

Property Details

Construction

AluminumSiding Plaster VinylSiding WoodSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 4-bedroom, 1-bathroom single family at 2300 E 86th Street is listed at $94,500 ($69/sqft). The estimated monthly payment is $410 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.07 acre lot, 2 stories.

This property is listed by Journey Toole and can be reached at 4409359793 or Journey@journeyhomegroup.net.

JT

Journey Toole

Agent at Keller Williams Living

(440) 935-9793

Listed by Keller Williams Living · View on Broker Site

MLS# 5214395· Source: listhub· Updated 1 days ago

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2300 E 86th Street, Cleveland, OH 44106

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