UNLOCK up to a 65k Cash Return with this Cleveland Gem!
A fantastic investment opportunity is waiting for you!This property is a rehab project with massive potential. Will accept verbal offers but will not go under contract until walk through has been done. Reach out for more pics and information.
DEAL HIGHLIGHTS:
6 Beds | 2.5 Baths | 2,246 Sq Ft
Asking Price: $65,000
Rehab Budget: $85,000
After Repair Value (ARV): $215,000
INVESTMENT BREAKDOWN:
•Down Payment: $35,000
•**Monthly Rent:** $2,000
•Annual Revenue: $24,000
•**Cash Flow:** $8,096/year
•CASH-ON-CASH RETURN: 23%!
WHY THIS IS A SMART INVESTMENT:
Massive Equity Potential: $65,000+ in built-in equity!
Strong Rental Market:** Comps show rents up to $2,000/month
Great ARV: Projected value after rehab: $215,000
PERFECT FOR:
•Buy & Hold Investors
•Portfolio Expansion
•Wealth Building through Real Estate
Don't miss out on this opportunity! The numbers speak for themselves.
Interested? Message me for the full property details and comps!
For sale by owner
$65,000
1831 Knowles St, East Cleveland, OH 44112
4beds
2,246sqft
Est.:
SingleFamily
Built in 1899
6,600 Square Feet Lot
$-- Zestimate®
$29/sqft
$-- HOA
Overview
- 27 days |
- 1,034 |
- 63 |
Listed by:
Property Owner (845) 906-0102
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- None
Features
- Basement: Partially finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,246 sqft
Property
Parking
- Total spaces: 1
- Parking features: None, Garage
Features
- Exterior features: Other, Wood
Lot
- Size: 6,600 Square Feet
Details
- Parcel number: 67222055
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
Materials
- Frame
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1899
Community & HOA
Location
- Region: East Cleveland
Financial & listing details
- Price per square foot: $29/sqft
- Tax assessed value: $44,800
- Annual tax amount: $351
- Date on market: 11/14/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,761/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Listed for sale | $65,000+71.1%$29/sqft |
Source: Owner Report a problem | ||
| 10/27/2025 | Sold | $38,000-34.5%$17/sqft |
Source: | ||
| 8/19/2025 | Sold | $58,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $351 | $15,680 +77.8% |
| 2023 | -- | $8,820 |
| 2022 | $7 +1.2% | $8,820 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$380/mo
Principal & interest
$252
Property taxes
$105
Home insurance
$23
Climate risks
Neighborhood: 44112
Nearby schools
GreatSchools rating
- 4/10Mayfair Elementary SchoolGrades: 3-5Distance: 0.4 mi
- 3/10Heritage Middle SchoolGrades: 6-8Distance: 0.2 mi
- 2/10Shaw High SchoolGrades: 9-12Distance: 0.7 mi
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