10721 Columbia AVE Cleveland, OH 44108
5 Beds
1 Bath
1,744 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,744 sqft
Price per Sqft $63
Subdivision G M & Hicks & H C Kings
MLS Listing ID 5248693
Style Colonial
Bedrooms 5
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,744
Total Fin. Sqft 1744
Year Built 1920
Annual Tax Amount $989
Tax Year 2025
Lot Size 5,601 Sqft
Acres 0.1286
Property Sub-Type Single Family Residence
Property Description
Recently renovated 5-bedroom, 1-bathroom home located less than 2 miles from University Circle, home to Case Western Reserve University, University Hospitals, Cleveland Clinic, and numerous other major educational, medical, cultural, and employment destinations.
The home features newer kitchen cabinets, newer carpet throughout, many vinyl windows, and a high-efficiency furnace with the potential to add central A/C. The large basement has been Drylocked for added protection against moisture, providing useful additional storage space. The property is also Lead Certified and ready for tenant placement, making it especially attractive for buyers looking to put the property into service quickly.
For owner-occupants, the five-bedroom layout offers plenty of space for a large family, with room for children, guests, a home office, or additional living space. Its convenient location near University Circle provides easy access to some of Cleveland's most prominent institutions and attractions.
For investors, the five-bedroom configuration creates multiple avenues for rental income. A qualifying 5-bedroom rental can receive up to approximately $2,079/month through CMHA, or nearly $25,000 in potential annual gross rental income before expenses, subject to program requirements, tenant qualification, and inspection. The spacious bedroom count may also make the property worth considering for group-home or other specialized housing models, depending on applicable licensing and occupancy requirements.
With its combination of renovated condition, Lead Certification, five-bedroom layout, proximity to University Circle, and multiple potential rental strategies, this property offers an opportunity for both a large family looking for space and an investor seeking strong income potential!
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Other
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Garage false
Private Pool No
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 109-13-091
Acceptable Financing Cash, Conventional, FHA 203(k), Owner May Carry, Other
Listing Terms Cash, Conventional, FHA 203(k), Owner May Carry, Other
Special Listing Condition Standard
