7626 Connecticut AvenueCleveland, OH 44105

7626 Connecticut AvenueCleveland, OH 44105

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$130,000 Active
Multi Unit - Multiple MLS 5189886
5 beds 2 full baths 2,829 sqft

Listed By

Agency Name: Real Estate Quest, Inc.
Agency Contact: 440-389-3883, rebroker216@gmail.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Turn opportunity into income at 7626 Connecticut Avenue in Cleveland 44105 ? a duplex positioned to potentially generate $2,300 per month in rental income. For investors seeking strong returns in a market known for affordability and growth, this property checks every box. Extensively updated, this asset offers both curb appeal and mechanical peace of mind. The exterior features new vinyl siding (2023), while major system improvements include newer hot water tanks, newer electric panels, and a newer PVC main stack drain. Many vinyl replacement windows throughout and glass block basement windows add efficiency and durability. Inside, both units shine with newer vinyl flooring, updated bathrooms, and refreshed kitchens designed to attract and retain quality tenants. Cleveland continues to stand out as one of the Midwest's most investor-friendly cities, offering low acquisition costs and comparatively low property taxes, all while rents trend upward across many neighborhoods. With a diverse economic base anchored by healthcare, manufacturing, education, and technology, the city provides steady rental demand and long-term stability. Proximity to major highways, downtown amenities, and employment centers further enhances tenant appeal. This duplex presents the rare combination of strong projected cash flow, meaningful updates, and market fundamentals that support continued rent growth. Whether you're building your portfolio or adding a high-performing asset, this is the kind of opportunity that delivers today and appreciates tomorrow. Opportunities at this price point with this level of improvement don't last ? secure your foothold in one of Ohio's most accessible investment markets before someone else does.

7626 Connecticut Avenue | MLS# 5189886

This multi-family property located at 7626 Connecticut Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $130,000. Connecticut Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,458 / year
Year Built: 1915

Feature Descriptions

Exterior: Vinyl Siding
Laundry: Common Area
Parcel#: 134-18-078
Parking: No Garage, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Demographics

Cuyahoga County Demographic Information for 7626 Connecticut Avenue, Cleveland, OH 44105
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 877.02 per month $634.27 Principal & Interest $204.83 Property Tax $37.92 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage