5614 Drake Ave Cleveland, OH 44127
North Broadway NeighborhoodEstimated payment $508/month
Total Views
2,076
4
Beds
1
Bath
2,556
Sq Ft
$25
Price per Sq Ft
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
About This Home
Investor Special! This Cleveland single family home is a prime opportunity for a fix and flip or BRRRR deal to add to your portfolio. This property needs a full renovation but offers excellent cash-flow potential.4 bedrooms and 1 bath, with Section 8 rents exceeding $1,900 once rehabbed. Perfect for seasoned investors looking for a high-ROI project—don’t miss out on this opportunity to add value to your portfolio.
Listing Agent
Keller Williams Chervenic Rlty Brokerage Email: JDFrance@kw.com 216-315-0915 License #2019003099
Home Details
Home Type
- Single Family
Year Built
- Built in 1890
Lot Details
- 4,199 Sq Ft Lot
Parking
- Driveway
Home Design
- Colonial Architecture
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Caleb & Morgan Subdivision
Listing and Financial Details
- Assessor Parcel Number 125-24-040
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,819 | $27,195 | $2,730 | $24,465 |
| 2023 | $2,387 | $21,670 | $1,890 | $19,780 |
| 2022 | $1,670 | $21,665 | $1,890 | $19,775 |
| 2021 | $1,655 | $21,670 | $1,890 | $19,780 |
| 2020 | $867 | $9,800 | $1,650 | $8,160 |
| 2019 | $803 | $28,000 | $4,700 | $23,300 |
| 2018 | $921 | $9,800 | $1,650 | $8,160 |
| 2017 | $1,051 | $12,430 | $1,580 | $10,850 |
| 2016 | $1,043 | $12,430 | $1,580 | $10,850 |
| 2015 | $1,047 | $12,430 | $1,580 | $10,850 |
| 2014 | $1,047 | $12,430 | $1,580 | $10,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | For Sale | $64,000 | 0.0% | $25 / Sq Ft |
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 03/25/2025 03/25/25 | For Sale | $64,000 | -- | $25 / Sq Ft |
Source: MLS Now
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $61,900 | 1St Meridian Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $25,000 | Mount Morris Title Agency | |
| Quit Claim Deed | -- | Mount Morris Title Agency | |
| Limited Warranty Deed | -- | Attorney | |
| Sheriffs Deed | $6,667 | None Available | |
| Corporate Deed | $6,500 | Resource Title Agency Inc | |
| Sheriffs Deed | $26,667 | Attorney | |
| Deed | $59,000 | -- | |
| Deed | $10,750 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $36,500 | Purchase Money Mortgage | |
| Previous Owner | $55,300 | Unknown | |
| Previous Owner | $7,500 | Credit Line Revolving | |
| Previous Owner | $48,450 | New Conventional |
Source: Public Records
Similar Homes in Cleveland, OH
Source: MLS Now
MLS Number: 5109550
APN: 125-24-040
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