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$265,000
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Property Description
Incredible opportunity to own this fully updated 4-unit brick multi-family with 12 total bedrooms and 4 full bathrooms! This property offers great curb appeal, solid construction, and strong rental income with room to grow. Each unit has been tastefully renovated with new flooring, fresh paint, updated kitchens, and modernized bathrooms. The building shows beautifully and is perfect for an investor or owner-occupant looking to live in one unit and rent the others. Current rent roll: Unit 1 - $1,510/month, Unit 2 - vacant (excellent market rent potential), Unit 3 - $1,050/month, and Unit 4 - $1,050/month. That's $3,610/month in current rent with the opportunity to increase income once the vacant unit is leased. Convenient location close to shopping, schools, parks, and public transportation. A turnkey, fully updated, income-producing property that's ready for its next owner!
Full Property Details
Full Property Details for 1720 Debra Ann Ln
General
- Sold For: $265,000
- Taxes: $2,025 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5168850
- Added to Site: 117 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: East Cleveland
- Subdivision: Kelly
- Driving Directions: North of Euclid Rd.
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: Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Rolled/Hot Mop
- Stories/Levels: 2
- Square Feet: 4,790
- Living Area: 4,790 Sq. Ft.
- Finished Above Grnd: 4,790 Sq. Ft.
- Year Built: 1917
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1186
- Lot Size: .1186
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $2,025.2
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Legal Description: 382 KELLEY 0010 ALL
- Property ID: 672-11-003
Listed by EXP Realty, LLC., Kyle Cutler
Sold by RE/MAX Transitions, Juntyna Goodrum
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Schools
Schools serving 1720 Debra Ann Ln
School District:East Cleveland City School District
| Name | Grades | Distance |
|---|---|---|
Shaw High School 15320 Euclid Avenue, East Cleveland, OH 44112 | 9-12 | 0.8 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 1720 Debra Ann Ln
Date
Details
Price
Change
Source
12/17/2025
Sold
$265,000
-8.59%
MLS
10/31/2025
Listed
$289,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1720 Debra Ann Lane, East Cleveland, OH 44112 (MLS# 5168850) is a Multi-Family property that was sold at $265,000 on December 17, 2025. Want to learn more about 1720 Debra Ann Lane? Do you have questions about finding other Multi-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.
