14101 Strathmore Ave · East Cleveland, OH 44112

$104,900

3 bd · 1.0 ba · 1,336 sqft · SingleFamily public records · 28 Days on market

Built 1915 3,079 sqft lot $79/sqft · 222% above area

---

Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +29.0/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Rent growth +3.8/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Excellent rehab opportunity! This 4-bed 1-bath home has solid bones, and some important updates. Newer roof, windows, siding, electrical panel, wiring. Spacious bedrooms, bathroom, and kitchen. Look past the dirt and debris and you can see the potential!

Key facts

• Fully renovated home
• Newer windows
• New electrical

Tags

• FULLY RENOVATED HOME
• NEWER WINDOWS
• UPDATED FLOORING
• REDONE KITCHEN
• REDONE BATHROOMS
• NEW ELECTRICAL

Property features AI

Finance

• Financial info: Annual tax information available

Exterior

• Parking: Driveway parking
• Utilities: Public water; Public sewer
• Home design: Vinyl siding exterior; Asphalt/fiberglass roof
• Construction: Built (year source: public records)
• Exterior features: Driveway

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating
• Interior features: Unfinished basement; 7 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $360 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $103k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.4% vs local median 17.4% in East Cleveland — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 66/100 on livability (#650 in OH) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: schools F, crime F, employment F.
• East Cleveland City School District (suburban): math 4% / reading 17% proficiency, ranked #652 of 656 in OH (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 92% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+5.2%/yr); 101 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• At $1,303/mo this rent would consume 54% of the median local household income ($29k/yr) (locally 1702% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $725 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Cuyahoga County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 5.2% rent growth), your $29k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 29y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $42k; list at $105k implies a 147% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $103,326 (1.5% below list)

Questions for the listing agent

1. Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.24% ✓
• Cap rate: 10.41%
• Cash-on-cash: 14.70%
• DSCR: 1.65
• GRM: 6.7

CMA / ARV

• ARV (median comp): $32,604
• List price: $104,900
• Delta: 221.74%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
13500 Claiborne Rd	0.28mi	3/1.0	1,297 (-3%)	5mo	$44,500	$34	78
14526 Orinoco Ave	0.21mi	3/1.0	1,462 (+9%)	3mo	$27,000	$18	72
1367 Shawview Ave	0.30mi	3/1.0	1,273 (-5%)	8mo	$22,000	$17	71
14629 Ardenall Ave	0.25mi	3/1.0	1,384 (+4%)	14mo	$59,000	$43	71
1524 E 133rd St	0.33mi	3/1.0	1,232 (-8%)	6mo	$30,000	$24	67
1358 E 134th St	0.29mi	3/1.0	1,286 (-4%)	17mo	$42,500	$33	66
14200 Scioto Ave	0.25mi	3/1.0	1,256 (-6%)	17mo	$48,500	$39	64
1273 E 135th St	0.40mi	4/1.0 (+1)	1,256 (-6%)	3mo	$65,000	$52	64
1227 E 135th St	0.48mi	3/1.0	1,312 (-2%)	15mo	$65,000	$50	62
14205 Savannah Ave	0.10mi	3/1.5	1,160 (-13%)	17mo	$40,000	$34	57
13411 6th Ave	0.37mi	4/1.0 (+1)	1,468 (+10%)	9mo	$113,000	$77	53
1282 E 137th St	0.37mi	4/2.0 (+1)	1,440 (+8%)	16mo	$78,500	$55	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 5.16% rent growth · sell at horizon

5-year hold

• IRR: 7.5%
• Equity multiple: 1.30×
• Total profit: $8,803
• Equity at exit: $15,641

10-year hold

• IRR: 18.5%
• Equity multiple: 2.69×
• Total profit: $49,530
• Equity at exit: $9,070

Cash invested: $29,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 44112

• Rents YoY: 5.2%
• Active inventory: 101
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,303 high
• Mortgage (P&I): −$550
• Tax from tax record: −$76 /mo · $906/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $360

Break-even live

Break-even rent $847

Max offer price $104,900

Occupancy floor 67%

Sensitivity live

Price	-10% $419	-5% $390	+0% $360	+5% $330	+10% $301
Rent	-10% $257	-5% $308	+0% $360	+5% $411	+10% $463
Rate	-1.0pp $413	-0.5pp $387	base $360	+0.5pp $333	+1.0pp $305

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14205 Savannah Ave Cleveland, OH	3.0	1.0	1160	$1,350	$1.16	17d	1	0.14mi
13900 Potomac Ave Cleveland, OH	3.0	1.0	1172	$1,355	$1.16	24d	1	0.18mi
1459 E 134th St Unit up East Cleveland, OH	2.0	1.0	1150	$850	$0.74	11d	1	0.19mi
14005 Scioto Ave Cleveland, OH	3.0	1.0	1056	$1,570	$1.49	17d	1	0.24mi
14200 Scioto Ave Cleveland, OH	3.0	1.0	1256	$1,350	$1.07	17d	1	0.28mi
14009 Mayfair Ave Unit 2 East Cleveland, OH	4.0	2.0	1144	$1,390	$1.22	44d	1	0.30mi
14312 Scioto Ave Cleveland, OH	3.0	1.0	1090	$1,300	$1.19	5d	1	0.30mi
14813 Alder Ave Cleveland, OH	3.0	1.0	1188	$1,150	$0.97	24d	1	0.48mi
12819 Edmonton Ave Cleveland, OH	4.0	1.0	1423	$1,795	$1.26	17d	1	0.50mi
15421 Plymouth Pl East Cleveland, OH	2.0	1.0	950	$972	$1.02	44d	1	0.51mi
1726 Taylor Rd East Cleveland, OH	2.0	1.0	900	$972	$1.08	44d	1	0.54mi
1286 E 152nd St Cleveland, OH	2.0	1.0	1638	$1,095	$0.67	44d	1	0.61mi
16000 Terrace Rd Cleveland, OH	1.0–3.0	1.0–2.0	1000	$1,210	$1.21	2d	39	0.99mi
651 E 115th St Cleveland, OH	4.0	2.0	1550	$1,800	$1.16	22d	1	1.02mi
910 Dresden Rd Cleveland, OH	4.0	2.0	1839	$1,800	$0.98	17d	1	1.08mi
14120 Superior Ave Unit 1 East Cleveland, OH	3.0	1.0	1400	$1,350	$0.96	11d	1	1.13mi
14120 Superior Ave Unit 4 East Cleveland, OH	3.0	1.0	1408	$1,350	$0.96	44d	1	1.13mi
876 Eloise Dr Unit Upper Cleveland Heights, OH	2.0	1.0	1233	$1,200	$0.97	17d	1	1.21mi
886 Helmsdale Rd Cleveland Heights, OH	2.0	1.0	1037	$995	$0.96	17d	1	1.30mi
915 Nela View Rd Cleveland, OH	4.0	1.0	1300	$2,600	$2.00	17d	1	1.38mi
983 Greyton Rd Cleveland, OH	3.0	2.0	1457	$1,495	$1.03	17d	1	1.43mi
1338 Lakeview Rd Unit Down Cleveland, OH	3.0	1.0	1000	$1,900	$1.90	24d	1	1.43mi
3337 Sylvanhurst Rd Cleveland, OH	3.0	1.0	1334	$1,800	$1.35	8d	1	1.44mi
953 Whitby Rd Cleveland, OH	3.0	2.0	1188	$1,575	$1.33	24d	1	1.48mi

Listing history 40 events

1. 2026-06-21
   days on market $104,900 Active 28 DOM
2. 2026-06-18
   days on market $104,900 Active 25 DOM
3. 2026-06-17
   days on market $104,900 Active 24 DOM
4. 2026-06-16
   days on market $104,900 Active 23 DOM
5. 2026-06-15
   days on market $104,900 Active 22 DOM
6. 2026-06-13
   days on market $104,900 Active 20 DOM
7. 2026-06-13
   days on market $104,900 Active 19 DOM
8. 2026-06-09
   days on market $104,900 Active 16 DOM
9. 2026-06-08
   days on market $104,900 Active 15 DOM
10. 2026-06-07
    days on market $104,900 Active 14 DOM
11. 2026-06-05
    days on market $104,900 Active 11 DOM
12. 2026-06-03
    days on market $104,900 Active 10 DOM
13. 2026-06-02
    days on market $104,900 Active 9 DOM
14. 2026-06-01
    days on market $104,900 Active 8 DOM
15. 2026-05-31
    days on market $104,900 Active 7 DOM
16. 2026-05-02
    status Pending 1374-char remark
17. 2026-04-27
    listed $104,900 Active 1374-char remark
18. 2025-05-08
    soldstatus $42,500 Closed 255-char remark

    Show marketing remark (255 chars)

    Excellent rehab opportunity! This 4-bed 1-bath home has solid bones, and some important updates. Newer roof, windows, siding, electrical panel, wiring. Spacious bedrooms, bathroom, and kitchen. Look past the dirt and debris and you can see the potential!

19. 2025-05-08
    status Pending 255-char remark

    Show marketing remark (255 chars)

    Excellent rehab opportunity! This 4-bed 1-bath home has solid bones, and some important updates. Newer roof, windows, siding, electrical panel, wiring. Spacious bedrooms, bathroom, and kitchen. Look past the dirt and debris and you can see the potential!

20. 2025-03-29
    historical Contingent 255-char remark

    Show marketing remark (255 chars)

    Excellent rehab opportunity! This 4-bed 1-bath home has solid bones, and some important updates. Newer roof, windows, siding, electrical panel, wiring. Spacious bedrooms, bathroom, and kitchen. Look past the dirt and debris and you can see the potential!

21. 2025-03-14
    listed $39,900 Active 255-char remark

    Show marketing remark (255 chars)

    Excellent rehab opportunity! This 4-bed 1-bath home has solid bones, and some important updates. Newer roof, windows, siding, electrical panel, wiring. Spacious bedrooms, bathroom, and kitchen. Look past the dirt and debris and you can see the potential!

22. 2021-06-18
    historical
23. 2021-04-14
    price $55,900
24. 2021-02-25
    listed $64,900 Active
25. 2018-05-13
    historical
26. 2017-11-15
    listed $26,900 Active
27. 2008-02-29
    historical
28. 2007-11-16
    listed $17,900
29. 2005-07-21
    soldstatus $89,000
30. 2004-11-09
    soldstatus $14,500
31. 2004-08-27
    listed $19,900
32. 2004-08-15
    historical
33. 2004-03-29
    listed $22,500
34. 2002-04-24
    soldstatus $80,000
35. 1999-12-13
    soldstatus $64,000
36. 1997-05-28
    soldstatus $38,900
37. 1997-03-05
    historical
38. 1997-02-25
    soldstatus $35,000
39. 1997-01-02
    listed $38,900
40. 1992-11-25
    soldstatus $12,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $906 · $76/mo
• Projected year-2 tax: $1,271 · $106/mo
• Expected delta: +$365/yr (+$30/mo · 40.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,634
• − Mortgage interest: −$5,876
• − Property taxes: −$906
• − Insurance: −$524
• − Repairs & maintenance: −$1,251
• − Management: −$1,251
• − Depreciation: −$3,052
• Taxable income: $2,774
• Est. tax owed @ 24.0%: −$666
• After-tax cash flow: $3,653/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: East Cleveland City School District
• NCES district ID: 3904390
• Math proficiency: 4% ▼ -16.00%
• Reading proficiency: 17% ▼ -13.00%
• Median HH income: $22,726
• Composite: 7.38/100
• National rank: #9954
• State rank: #652 of 656 in OH

Livability — East Cleveland

• Score: 66/100
• State rank: #650
• US rank: #11510

Category grades

Amenities C+ Commute A+ Cost of living A+ Crime F Employment F Housing B+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Cleveland, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 17,848
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 17,848
• Household income: $28,799
• Rent vs Own: 54.9% rent · 45.1% own
• Severe rent burden: 1702.0

Population outlook (Cuyahoga County) Hauer SSP2

• Today (2025): 1,244,621 people
• By 2030: 1,230,093 · -1.2%
• By 2040: 1,189,108 · -4.5%
• By 2050: 1,145,706 · -7.9%
• By 2075: 1,076,557 · -13.5%
• By 2100: 978,987 · -21.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (89%)
• Race & ethnicity: Black 89% White 7% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · French/Haitian/Cajun 3% Spanish 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Cuyahoga

• 2024 margin: Solid D (+31.5) · D 65.4% · R 33.9%
• 2008→2024 swing: -7.4pp toward R · 2008: 38.9pp · 2024: 31.5pp
• All cycles: 2024: D+31.5 2020: D+34.1 2016: D+35.0 2012: D+38.7 2008: D+38.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -115.61%
• Current HPI: 67.2162
• Rent YoY: ▲ 5.16%
• Metro: Cleveland-Elyria, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+739.2% since first listed

26 events — show timeline

• 2026-05-29 Relisted — MLSNOW
• 2026-05-02 Pending — MLSNOW
• 2026-04-27 Listed $104,900 MLSNOW
• 2025-05-08 Sold (MLS) $42,500 MLSNOW
• 2025-05-08 Pending — MLSNOW
• 2025-03-29 Contingent — MLSNOW
• 2025-03-14 Listed $39,900 MLSNOW
• 2021-06-18 Listing Removed — MLSNOW
• 2021-04-14 Price Changed $55,900 MLSNOW
• 2021-02-25 Listed $64,900 MLSNOW
• 2018-05-13 Listing Removed — MLSNOW
• 2017-11-15 Listed $26,900 MLSNOW
• 2008-02-29 Listing Removed — MLSNOW
• 2007-11-16 Listed $17,900 MLSNOW
• 2005-07-21 Sold (Public Records) $89,000 Public Records
• 2004-11-09 Sold (MLS) $14,500 MLSNOW
• 2004-08-27 Listed $19,900 MLSNOW
• 2004-08-15 Listing Removed — MLSNOW
• 2004-03-29 Listed $22,500 MLSNOW
• 2002-04-24 Sold (Public Records) $80,000 Public Records
• 1999-12-13 Sold (Public Records) $64,000 Public Records
• 1997-05-28 Sold (MLS) $38,900 MLSNOW
• 1997-03-05 Listing Removed — MLSNOW
• 1997-02-25 Sold (Public Records) $35,000 Public Records
• 1997-01-02 Listed $38,900 MLSNOW
• 1992-11-25 Sold (Public Records) $12,500 Public Records

Property tax history

-4.8%/yr

Latest (2025): $906 · -10.5% YoY. Source: county tax records.