$200,000 · EAST CLEVELAND, OH 44112
Flippers would lose money · Landlords would lose money

Available

$200,000Asking price

18,772 sq ft · built 1925

EAST CLEVELAND, OH 44112

No contract on file

via InvestorLift Classic

Listed Nov 20, 2025

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $1,000,000
Asking price: −$200,000
RepairsMiddle of our estimate, $989,000 – $1,648,000: −$1,318,500
Loan, holding, closing20% down, 12% interest, 2 points, 365 days: −$58,400
Profit−57.7% of ARV · flippers want 10%+: −$576,900
Loses money

No price works for a flipper at this value and these repairs.

INVESTORS SOLUTIONS LLC

Kevin Melendez

No reviews yet

Comps

Sales

Rents

ARV $1,000,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $102,000.

The sales behind this value are shown to members.

ARV $1,000,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

INVESTORS SOLUTIONS LLC

Kevin Melendez

No reviews yet

Seller Description

(East Cleveland Revitalization: Prime Investment Opportunity)

Cleveland is undergoing a $122 million redevelopment project led by the Cuyahoga Land Bank. This initiative aims to revitalize the community and bring positive change.

Key details include:

Cuyahoga Land Bank: A nonprofit organization repurposing vacant properties to stabilize neighborhoods and promote economic growth.
$122 Million Investment: Funds will be used for housing rehabilitation, commercial development, green spaces, and infrastructure improvements.
Impact: Economic revival, enhanced quality of life, and community pride are expected outcomes.
Community Involvement: Active participation from local organizations and residents will shape the redevelopment.

Additionally, They plan to create a center for new jobs, housing, and retail options, addressing the area's needs and contributing to economic and community development. The project aligns with the demand for affordable housing near public transportation routes and is supported by the Cuyahoga County Planning Commission and Clevelanders for Public Transit.

This redevelopment effort signifies a significant step towards a brighter future for East Cleveland, with the potential to attract investment, improve accessibility, and foster economic growth.