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$164,900 Just Listed
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Property Description
Welcome to this solid income-producing duplex in Cleveland, offering a great opportunity for investors or owner-occupants looking to house hack. This well-maintained property features two spacious units with several recent updates, making it a great addition to a rental portfolio or a smart first step into real estate investing. The first-floor unit offers 2 comfortable bedrooms, updated flooring, fresh paint, and an updated bathroom, creating a clean and move-in ready living space. The second-floor unit features 3 bedrooms, including a unique loft-style bedroom that adds character and flexibility for tenants needing extra space for an office, studio, or additional sleeping area. Both units have been refreshed with updated flooring, renovated bathrooms, and fresh paint throughout, giving the property a modern feel while maintaining its classic charm. Tenants will also enjoy two enclosed porches, perfect for relaxing or additional storage space. Major improvements have already been completed, including a new roof, new hot water tanks, and a brand-new high-efficiency furnace, helping reduce maintenance concerns for the next owner. The home also features vinyl windows and a newly built rear porch, adding to the property's durability and curb appeal. This duplex presents a strong opportunity to generate rental income while building long-term equity in a growing Cleveland market.
Full Property Details
Full Property Details for 701 E 157th St
General
- Price: $164,900
- Taxes: $1,527 (2024)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5192754
- Updated: 3/23/2026
- Added to Site: Today
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Williams Packard Frost & Other
- Driving Directions: Holmes Ave to East 157th
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
Utilities
- Sewer: Public Sewer, None
- Water: Public
- Utility Description: Sewer Not Available
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Year Built: 1918
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.124
- Lot Size: .124
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,527
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 16 WILLIAMS 0078 ALL
- Property ID: 116-10-061
Listed by Keller Williams Greater Metropolitan, Kquawan Brown
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Schools
Schools serving 701 E 157th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Ginn Academy 655 East 162nd Street, Cleveland, OH 44110 | 9-12 | 0.3 mi |
Collinwood High School 15210 Saint Clair Avenue, Cleveland, OH 44110 | 9-12 | 0.6 mi |
East Clark 885 East 146th Street, Cleveland, OH 44110 | PK-8 | 0.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 13.9 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 4.6 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.6 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.6 mi |
Memorial School 410 East 152nd Street, Cleveland, OH 44110 | PK-8 | 0.7 mi |
Euclid Park Elementary School 17914 Euclid Avenue, Cleveland, OH 44112 | PK-8 | 1.1 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 701 E 157th St
Date
Details
Price
Change
Source
3/23/2026
Listed
$164,900
184.31%
MLS
10/10/2025
Sold
$58,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 701 E 157th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,527
—
$23,100
67%
2023
$1,527
-29%
$13,870
—
2022
$2,155
106%
$13,870
—
2021
$1,044
-1%
$13,860
14%
2020
$1,058
8%
$12,150
—
2019
$978
—
$12,150
—
2018
$975
-18%
$12,150
-15%
2017
$1,184
1%
$14,250
—
2016
$1,175
—
$14,250
—
2015
$1,175
-13%
$14,250
-13%
2014
$1,349
1%
$16,390
—
2013
$1,333
—
$16,390
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 701 E 157th St
701 E 157th Street, Loveland, OH 44110 (MLS# 5192754) is a Duplex property with 5 bedrooms and 2 full bathrooms. 701 E 157th Street is currently listed for $164,900 and was received on March 23, 2026. Want to learn more about 701 E 157th Street? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

