Investor Opportunity with Strong Upside This property on Hazel in Cleveland 44112 presents a compelling value play for investors looking to capitalize on location and progress already completed. Situated just minutes from Cleveland Heights, Coventry Village, and major hospital systems, the surrounding area supports strong resale and rental demand.
Significant work has already been done, including a full electrical rewire, an opened floor plan designed for open concept living, and drywall already installed, placing the project well beyond the early demo stage. While current photos may not fully reflect the level of work completed, the home is positioned for a more efficient path to completion.
Surrounded by higher value sales and close to University Circle, Case Western Reserve University, and multiple medical centers, this location offers multiple exit strategies including fix and flip or long term hold. With much of the structural and systems work already addressed, the remaining focus can be on finishes and design to maximize value.
A great opportunity for investors seeking a project with momentum in an area showing continued demand and redevelopment activity. Schedule a walk through to fully appreciate the progress and potential.
For sale
$49,000
15801 Hazel Rd, East Cleveland, OH 44112
3beds
1,908sqft
Est.:
Single Family Residence
Built in 1922
4,199.18 Square Feet Lot
$-- Zestimate®
$26/sqft
$-- HOA
What's special
Full electrical rewire
- 9 hours |
- 94 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: 15 hours ago
Listing Provided by:
Kit Custer 330-221-6578 kitsoldit@gmail.com,
RE/MAX Transitions
Source: MLS Now,MLS#: 5177022
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,908
- Total interior livable area: 1,908 sqft
- Finished area above ground: 1,246
- Finished area below ground: 662
Video & virtual tour
Property
Parking
- Parking features: No Garage, Paved
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,199.18 Square Feet
- Dimensions: 40 x 105
Details
- Parcel number: 67327025
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Asphalt,Fiberglass
Condition
- Fixer
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Panoramic View
HOA
- Has HOA: No
Location
- Region: East Cleveland
Financial & listing details
- Price per square foot: $26/sqft
- Tax assessed value: $13,600
- Annual tax amount: $411
- Date on market: 12/15/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Listed for sale | $49,000+553.3%$26/sqft |
Source: | ||
| 7/11/2016 | Sold | $7,500-24.2%$4/sqft |
Source: Public Record Report a problem | ||
| 6/27/2016 | Pending sale | $9,900$5/sqft |
Source: McMullan Realty, Inc. #3778100 Report a problem | ||
| 3/4/2016 | Price change | $9,900-20.8%$5/sqft |
Source: McMullan Realty, Inc. #3778100 Report a problem | ||
| 2/1/2016 | Listed for sale | $12,500+257.1%$7/sqft |
Source: McMullan Realty, Inc. #3778100 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $291 +11.3% | $4,760 +54.5% |
| 2023 | $262 +0.3% | $3,080 |
| 2022 | $261 +0.9% | $3,080 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$286/mo
Principal & interest
$190
Property taxes
$79
Home insurance
$17
Climate risks
Neighborhood: 44112
Nearby schools
GreatSchools rating
- NACaledonia Elementary SchoolGrades: K-2Distance: 0.4 mi
- 3/10Heritage Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Shaw High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: East Cleveland CSD - 1812
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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