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$60,000
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Property Description
No wholesalers. No Seller financing. No low ball offers. No wholesalers, no creative financing, no seller financing. Here's your chance to become a Real Estate investor overnight! Outstanding investment opportunity in a high-demand area of Cleveland's East Side! This Colonial is currently occupied with a reliable tenant paying $950/month under a 12-month lease that began 03/01/25 and runs through 02/28/26, providing immediate cash flow. Step onto the inviting front porch and into a bright living room with a cozy fireplace, then flow into the formal dining room and an updated kitchen featuring new cabinets, granite countertops, and modern lighting. Upstairs are three spacious bedrooms and a full bathroom with an updated vanity, plus an unfinished attic offering storage or future expansion potential. The full basement includes glass block windows, laundry hookups, and utility space, and the partially fenced backyard adds outdoor appeal. Recent updates and improvements make this property truly turnkey. It features wood siding, vinyl windows throughout, younger LVP flooring in hallways, stairs, living areas, kitchen, bathrooms, and bedrooms, updated plumbing, an updated electrical panel, a newer hot water tank (2024), partial roof replacement on the front section (2025), and professional grading (2025). Rent-ready updates completed in 2024 included fresh paint throughout, LVP flooring, updated light fixtures, new kitchen cabinets, and a new hot water tank. This property offers investors a low-maintenance, rent-ready home with stable income and long-term appreciation potential. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors. Reach out to learn more!
Full Property Details
Full Property Details for 1330 Elwood Rd
General
- Price: $60,000
- Taxes: $529 (2024)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5170021
- Updated: 2/17/2026
- Added to Site: 112 day(s) ago
Interior
- Number of Rooms: 7
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Basement
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Rear Porch, Covered, Front Porch, Balcony
Parking
- Parking Features: Driveway, Off Street
Location
- County: Cuyahoga
- Township: East Cleveland
- Subdivision: Euclid-Shaw Allotment
- Driving Directions: Off of Shaw Ave, between E 143rd St and Hampton Ct
School Information
- Elem School District: East Cleveland CSD - 1812
- Midd School District: East Cleveland CSD - 1812
- High School District: East Cleveland CSD - 1812
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Shingle
- Stories/Levels: 2
- Square Feet: 1,660
- Living Area: 1,660 Sq. Ft.
- Finished Above Grnd: 1,660 Sq. Ft.
- Year Built: 1917
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.0804
- Lot Size: .0804
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $529
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 3 EUC SHAW 0062 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 671-20-032
Listed by RE/MAX Haven Realty, Michael Azzam
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Schools
Schools serving 1330 Elwood Rd
School District:East Cleveland City School District
| Name | Grades | Distance |
|---|---|---|
Shaw High School 15320 Euclid Avenue, East Cleveland, OH 44112 | 9-12 | 0.5 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 1330 Elwood Rd
Date
Details
Price
Change
Source
11/05/2025
Listed
$60,000
650%
MLS
9/18/2009
Sold
$8,000
—
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 1330 Elwood Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$397
-25%
$6,480
184%
2023
$529
47%
$2,280
—
2022
$359
1%
$2,280
—
2021
$357
94%
$2,280
12%
2020
$184
-49%
$2,030
—
2019
$361
—
$2,030
—
2018
$360
-62%
$2,030
-77%
2017
$945
1%
$8,930
—
2016
$938
18%
$8,930
—
2015
$792
-8%
$8,930
-15%
2014
$858
2%
$10,510
—
2013
$844
—
$10,510
—
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 1330 Elwood Rd
1330 Elwood Road, East Cleveland, OH 44112 (MLS# 5170021) is a Single Family property with 3 bedrooms and 1 full bathroom. 1330 Elwood Road is currently listed for $60,000 and was received on November 05, 2025. Want to learn more about 1330 Elwood Road? Do you have questions about finding other Single Family real estate for sale in East Cleveland? You can browse all East Cleveland real estate or contact a Coldwell Banker agent to request more information.
