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About This Home

This 2-bedroom, 1-bathroom single family at 5838 Portage Avenue in Cleveland, OH is listed for $79,900 ($100 per sqft). Built in 1900, the home offers 800 sqft of living space on a 0.07 acres lot.

Agent Description

Don't miss this excellent opportunity to own a newly remodeled single-family home in Cleveland's North Broadway neighborhood. Whether you're looking to expand your rental portfolio or purchase an affordable home with future growth potential, this property checks all the boxes.

Featuring 2 bedrooms and 1 full bathroom, this home offers convenient one-floor living with an upstairs bedroom and extra attic space for storage. The basement provides even more storage options and includes a dedicated laundry area with washer and dryer hookups.

The home comes equipped with a stove and refrigerator, making it move-in or rent-ready from day one. Previously tenant-occupied with a Section 8 voucher tenant paying $1,000 per month, this property presents a proven income-producing history and strong investment potential.

What truly sets this property apart are the two adjacent vacant lots, which may be eligible for purchase through the City of Cleveland's Side Yard Program for approximately $200 each, allowing you to significantly expand your yard, increase privacy, or enhance future value. Located near major highways, shopping, parks, and downtown Cleveland amenities, this affordable investment offers immediate upside with room to grow.

Key Features

  • Built in 1900
  • 0.07 acre lot
  • 3 stories

Property Details

3 stories
1 full
1900

Monthly Cost Estimate

$427/mo

20% down · 6.5% · 30 years

Principal$58
Interest$346
Insurance$23

Estimates only. Actual payments may vary.

Location

5838 Portage Avenue

Cleveland, OH 44127

G W Canfields Allotment

Property Details

Construction

Block

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5838 Portage Avenue is listed at $79,900 ($100/sqft). The estimated monthly payment is $346 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.07 acre lot, 3 stories.

This property is listed by Paula Zampallo Ramirez and can be reached at 2169727862 or realtrp.sells@gmail.com.

PR

Paula Zampallo Ramirez

Agent at EXP Realty, LLC.

(216) 972-7862

Listed by EXP Realty, LLC. · View on Broker Site

MLS# 5215692· Source: listhub· Updated 1 days ago

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5838 Portage Avenue, Cleveland, OH 44127

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