2300 E 86th ST, Cleveland, OH 44106
2300 E 86th ST, Cleveland, OH 44106
2300 E 86th ST, Cleveland, OH 44106
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$94,500
Est. payment /mo
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4 Beds
1 Bath
1,368 SqFt
New

2300 E 86th ST Cleveland, OH 44106

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,368 sqft

Price per Sqft $69

Subdivision A J Marsh Trustees

MLS Listing ID 5214395

Style Colonial

Bedrooms 4

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,368

Year Built 1900

Annual Tax Amount $1,386

Tax Year 2025

Lot Size 2,883 Sqft

Acres 0.0662

Property Sub-Type Single Family Residence

Stories Two

Story Two

Property 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.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry Lower Level

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 119-30-056

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Journey Toole • Keller Williams Living • Journey@journeyhomegroup.net, 440-935-9793

NEARBY SCHOOL & BUSINESS

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Jay Goodman

Jay Goodman

Broker Associate, Owner, Agent | OH, WV & PA | License ID: BRKP.2012000489

+1(773) 936-6511

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2300 E 86th ST