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$75,000

  • For Sale
  • Active
  • Duplex
  • 6 Beds
  • 2 Full Baths
  • 1,792 Sq. Ft.
  • 0.146 Acres
  • Updated 8 days ago
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Investment Opportunity - High Cash Flow Rental Property Discover a strong income-producing opportunity with this versatile property currently operating with six rented bedrooms at $125/week each, generating approximately $3,000/month in rental income. Ideal for investors seeking immediate returns, this property offers steady occupancy and flexible potential for future use. Conveniently located near local amenities, the home provides tenants with comfortable living spaces and shared access to common areas. With reliable weekly rents already in place, new owners can step into a proven income stream from day one. Buyer to perform their own due diligence regarding zoning, permitted use, and any potential modifications. Thank you for your interest-this is a great chance to expand your investment portfolio with a property designed for consistent performance!

Full Property Details for 987 E 78th St

General

  • Price: $75,000
  • Taxes: $1,509 (2024)
  • Status: Active
  • Type: Duplex
  • Source: 505
  • MLS ID: 5169937
  • Updated: 1/8/2026
  • Added to Site: 72 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Common Area

Exterior

  • Exterior Features: Awning(s)

Parking

  • Parking Features: Additional Parking, On Street

Location

  • County: Cuyahoga
  • Township: Cleveland
  • Driving Directions: Only 3 miles west to Downtown Cleveland, or southeast to Case Western. 2 miles from the Cultural Gardens, 3 miles from Wade Oval for access to the Natural History or Art Museums, and the Botanical Gardens.

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: Wall Unit(s)
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Shake Siding
  • Basement: Yes
  • Basement Desc.: Concrete, Walk-Out Access
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 1,792
  • Living Area: 1,792 Sq. Ft.
  • Finished Above Grnd: 1,792 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Public Records
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.146
  • Lot Size: .146
  • Lot Size Source: Assessor
  • Lot Features: Additional Land Available
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $1,509
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: both parcels are .073 totaling .146 acres
  • Property ID: 105-30-052

Listed by Vincent Patrick Realty, Lauren Patrick

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Listing agent

— 987 E 78th St —

  • Lauren Patrick

    Vincent Patrick Realty

330-577-3546, lpsoldit@gmail.com

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 987 E 78th St

School District:Cleveland Municipal School District
NameGradesDistance
Willson School
1122 Ansel Rd, Cleveland, OH 44108
PK-80.4 mi
Daniel E Morgan School
8912 Morris Court, Cleveland, OH 44106
PK-80.9 mi
Wade Park
7600 Wade Park Avenue, Cleveland, OH 44103
PK-80.9 mi
Franklin D. Roosevelt
800 Linn Drive, Cleveland, OH 44108
PK-81.4 mi
Mary B Martin School
8200 Brookline Avenue, Cleveland, OH 44103
PK-81.4 mi
Glenville High School
650 East 113th Street, Cleveland, OH 44108
9-121.6 mi
Mary M Bethune
11815 Moulton Avenue, Cleveland, OH 44106
PK-81.7 mi
Stephanie Tubbs Jones
11901 Durant Avenue, Cleveland, OH 44108
PK-81.7 mi
George Washington Carver
2200 East 55th Street, Cleveland, OH 44103
PK-82.2 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 987 E 78th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$75,000
-16.2%
MLS
11/05/2025
Listed
$89,500
459.38%
MLS
6/25/2020
Sold
$16,000
—
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.

Estimate the Cost for 987 E 78th St

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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 Vincent Patrick Realty, Lauren Patrick

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987 E 78th Street, Loveland, OH 44103 (MLS# 5169937) is a Duplex property with 6 bedrooms and 2 full bathrooms. 987 E 78th Street is currently listed for $75,000 and was received on November 05, 2025. Want to learn more about 987 E 78th 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.

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