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$37,500
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Property Description
Investor Special! This value-add opportunity is perfect for savvy buyers looking to maximize returns. The property has experienced water damage due to a broken pipe and will require a full renovation, making it ideal for investors seeking a complete rehab project with strong upside potential. With repairs and updates, the pro forma rental income is projected at $1,250-$1,350 per month, offering attractive cash flow potential in today's rental market. Bring your contractor and vision - this is a prime chance to transform a distressed property into a high-performing income-producing asset. Sold as-is.
Full Property Details
Full Property Details for 7516 Cornelia Ave
General
- Sold For: $37,500
- Taxes: $1,023 (2025)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5187504
- Added to Site: 28 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Paved
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: Across E 74th St. and E 79th St.
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Year Built: 1910
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: .09
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,023
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 105-33-072
Listed by Russell Real Estate Services, Tal Tamir and Russell Real Estate Services, Benjamin Peleg
Sold by IIP Management, LLC., Violetta Varenkova
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Schools
Schools serving 7516 Cornelia Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Willson School 1122 Ansel Rd, Cleveland, OH 44108 | PK-8 | 0.4 mi |
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 0.5 mi |
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 0.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 9.6 mi |
Design Lab @ Jane Addams 1740 East 32nd Street, Cleveland, OH 44114 | 9-12 | 1.9 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.9 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.9 mi |
Michael R. White 975 East Boulevard, Cleveland, OH 44108 | PK-8 | 0.7 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 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 7516 Cornelia Ave
Date
Details
Price
Change
Source
3/13/2026
Sold
$37,500
—
MLS
2/19/2026
Listed
$37,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7516 Cornelia Ave, Loveland, OH 44103 (MLS# 5187504) is a Single Family property that was sold at $37,500 on March 13, 2026. Want to learn more about 7516 Cornelia Ave? 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.

