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$239,000
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Property Description
Welcome to 513 E 117th. Seller is looking for a quick close as the previous buyer disappeared at closing and has taken a 20k price cut to facilitate this. The property appraised for full value at its original listed price. This building is an investors dream. A complete rehab was just done on this brick building making the building virtually worry free. Currently all of the four units are occupied. All units are rented for $900 each with a gross rent of $3600 a month. The building has been totally remodeled and lead abated. New roof 2025, new glass block windows 2025, new electric service 2025 and new windows 2026 complete the exterior of this brick building. Inside new HVAC 2025, new hot water tanks 2025, new breaker boxes 2025, updated electric 2025, updated plumbing 2025, new flooring 2026, fresh paint 2026. The finishing touches are in the process of being done. This is a must add to real-estate portfolio.
Full Property Details
Full Property Details for 513 E 117th St
General
- Sold For: $239,000
- Taxes: $2,569 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5195101
- Added to Site: 203 day(s) ago
Interior
- Number of Rooms: 24
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Parking Features: On Street
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: North from St Clair onto 117th
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Common Basement, Concrete
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 4,000
- Living Area: 4,000 Sq. Ft.
- Finished Above Grnd: 4,000 Sq. Ft.
- Year Built: 1920
- Year Built Source: Owner
- Property Condition: Updated/Remodeled, Unknown
Lot Features
- Lot Size (Acres): 6,000
- Lot Size: 6000
- Lot Size Source: Owner
Financial Considerations
- Tax Amount: $2,569.63
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: Insurance, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 111-05-109
Listed by Key Realty, Blake J Alterman
Sold by Non-Member, Non-Member Non-Member
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Schools
Schools serving 513 E 117th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 0.3 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 0.7 mi |
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 0.7 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.8 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 2.9 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.9 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.9 mi |
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112 | PK-8 | 1.1 mi |
East Clark 885 East 146th Street, Cleveland, OH 44110 | PK-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 513 E 117th St
Date
Details
Price
Change
Source
10/07/2026
Sold
$239,000
—
MLS
8/07/2026
Price Reduced
$239,000
-7.72%
MLS
7/23/2026
Price Reduced
$259,000
-7.17%
MLS
3/21/2026
Listed
$279,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Home Warranty : Included
513 E 117 Street, Loveland, OH 44108 (MLS# 5195101) is a Multi-Family property that was sold at $239,000 on October 07, 2026. Want to learn more about 513 E 117 Street? Do you have questions about finding other Multi-Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

