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$55,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 0.1165 Acres
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Great investment opportunity in the Cleveland area! This 2-bedroom, 1-bath single-family home offers 800 sq ft of living space and is already generating passive income. "¢ Annual rental income: $9,000 "¢ Gross ROI: 15.00% The property is tenant-occupied, with a reliable long-term tenant expressing a strong interest in staying. Located in an up-and-coming neighborhood, this home presents excellent potential for appreciation and long-term growth. Whether you're a seasoned investor or just getting started, this affordable property is a smart addition to your rental portfolio.

Full Property Details for 7427 Spafford Rd

General

  • Price: $55,000
  • Taxes: $602 (2024)
  • Status: Active
  • Type: Single Family
  • Source: 505
  • MLS ID: 5146656
  • Updated: 11/6/2025
  • Added to Site: 93 day(s) ago

Interior

  • Number of Rooms: 4

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 2

Parking

  • Parking Features: No Garage

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Subdivision: E T Hamilton
  • Driving Directions: off south Broadway right on Fullerton Ave and Left on Spafford Rd

School Information

  • Elem School District: Cleveland Municipal - 1809
  • Midd School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809

Heating & Cooling

  • Cooling Type: Ceiling Fan(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Bungalow
  • Construction: Wood Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Shingle
  • Stories/Levels: 1
  • Year Built: 1890
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1165
  • Lot Size: .1165
  • Lot Size Source: Appraiser

Financial Considerations

  • Tax Amount: $602
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: 315 HAMILTON S/L30NP 0029 SP
  • Property ID: 133-20-097

Listed by Key Realty, Saundra Clay

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Listing agent

— 7427 Spafford Rd —

  • Saundra Clay

    Key Realty

saundraclay@yahoo.com, 216-496-2938

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7427 Spafford Rd

School District:Cleveland Municipal School District
NameGradesDistance
Miles Park School
4090 East 93rd Street, Cleveland, OH 44105
PK-80.9 mi
Nathan Hale School
3588 Martin Luther King Junior Drive, Cleveland, OH 44105
PK-81.6 mi
Anton Grdina
2955 East 71st Street, Cleveland, OH 44104
PK-81.6 mi
Charles Dickens School
13013 Corlett Ave, Cleveland, OH 44105
PK-82.4 mi
East Technical High School
2439 East 55th Street, Cleveland, OH 44104
9-122.7 mi
Harvey Rice Elementary School
2730 East 116th, Cleveland, OH 44120
PK-82.7 mi
Alfred A. Benesch School
5393 Quincy Avenue, Cleveland, OH 44104
K-82.8 mi
Bolton
9803 Quebec Avenue, Cleveland, OH 44106
PK-82.9 mi
Andrew J Rickoff
3500 East 147th Street, Cleveland, OH 44120
PK-83 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7427 Spafford Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2025
Listed
$55,000
223.53%
MLS
11/11/2019
Sold
$17,000
—
Public Record
Get Price Alerts and Save Property
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 for 7427 Spafford Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$574
—
$8,580
44%
2023
$574
25%
$5,960
—
2022
$459
1%
$5,960
—
2021
$455
-10%
$5,950
4%
2020
$504
8%
$5,710
—
2019
$467
—
$5,710
—
2018
$466
—
$5,710
4%
2017
$465
1%
$5,500
—
2016
$461
—
$5,500
—
2015
$461
—
$5,500
—
2014
$460
1%
$5,500
—
2013
$455
—
$5,500
—
View All
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 for 7427 Spafford Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Key Realty, Saundra Clay

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7427 Spafford Road, Loveland, OH 44105 (MLS# 5146656) is a Single Family property with 2 bedrooms and 1 full bathroom. 7427 Spafford Road is currently listed for $55,000 and was received on October 16, 2025. Want to learn more about 7427 Spafford Road? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

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