934 Ravine DriveCleveland Heights, OH 44112

934 Ravine DriveCleveland Heights, OH 44112

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$199,000 Active
Multi Unit - Multiple MLS 5237799 New to the Market

Listed By

Agency Name: Century 21 Homestar
Agency Contact: indiaburks15@gmail.com, 216-904-0626

Shown By

Agency Title: Cutler Real Estate
Agency Phone:

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Property Description

Investor special! This large, well-maintained 6-bedroom, 2-bathroom duplex offers strong cash flow with Section 8 tenants currently paying $3,000/month in total rent. Updated throughout, each unit features modern finishes, ample living space, and separate utilities. Recent upgrades include newer flooring, fresh paint interior and exterior , updated kitchens and bathroom and newer light fixtures. Tenants are professionally screened and leases are in place. Great opportunity for investors seeking reliable returns with minimal immediate maintenance needs. Don't miss this turn-key asset in a high-demand rental area. POS compliant- no violations.

934 Ravine Drive | MLS# 5237799

This multi-family property located at 934 Ravine Drive, Cleveland Heights, OH 44112 is currently listed for sale with an asking price of $199,000. Ravine Drive is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on 251emohawkdrive.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Ceiling Fan(s), None
Days on Market: 1
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.17 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $5,802 / year
Year Built: 1927

Feature Descriptions

Exterior: Brick, Wood Siding
Parcel#: 681-02-061
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Hts-Univer - 1810

Demographics

Cuyahoga County Demographic Information for 934 Ravine Drive, Cleveland Heights, OH 44112
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
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

$ 1,560.92 per month $1,019.38 Principal & Interest $483.50 Property Tax $58.04 Homeowner's Insurance

Change Payment Information

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