14304 Scioto Ave · East Cleveland, OH 44112

$39,900

4 bd · 2.0 ba · 1,822 sqft · MultiFamily public records · 22 Days on market

Built 1921 3,323 sqft lot Est $33k · 22% over

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Why this score? — see what drove the D- 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 +15.0/30.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +3.8/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Schools +0.7/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Great Investment! This up and down duplex is turnkey and ready to go, just place your down unit tenant! Down unit has nice hardwood floors, updated kitchen and bath with newer tile! Hardwood floors throughout, plenty of cabinet and storage space, built in wooden cabinets/shelves in dining room! Up unit tenant pays $800/month plus gas/electric. Up unit has 2nd and third level which consists of 3 bedrooms, one full bath, hardwood floors throughout, plenty of storage and large 3rd level living area! Updates include: updated electrical panels, newer electric meter bases on exterior, tile in down unit kitchen and bath, roof under 10 years, 1 newer hot water tank, one newer furnace, and light fixtures throughout. Nice big, unfinished basement, plenty of storage! Large front porch, paved driveway! Selling AS IS, seller to order the city of E Cleveland POS. Buyer to assume POS. Great property! Close to downtown, hospitals, parks, restaurants, shopping and more! Hurry this won't last long, con

Key facts

• Vacant duplex
• Separate units
• Spacious layout

Tags

• VACANT DUPLEX
• SEPARATE UNITS
• SPACIOUS LAYOUT
• STRONG RENTAL POTENTIAL
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: Above-grade finished area reported as 1,822 (source: Realist); Single building on the lot
• Financial info: Annual tax listed (source data available)

Exterior

• Parking: Paved
• Utilities: Public water; Public sewer
• Home design: 3-story wood-sided building; Asphalt/fiberglass roof
• Construction: Wood siding construction; Asphalt and fiberglass roofing; Built year sourced from public records
• Exterior features: Paved parking; Lot recorded as 0.0763 acres

Interior

• Bedrooms: Total of 12 rooms (bedrooms not itemized)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating; Ceiling fans for cooling
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $40k.

Deal economics

• At list price, monthly cash flow is $1k ($16k/yr) — positive. Per door: $673/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $40k).
• Recommended offer: $39k (1.5% below list) — sets the bar for market timing.
• Cap rate 46.8% vs local median 17.4% in East Cleveland — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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); 99 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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 $2,052/mo this rent would consume 86% 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 $276 of loan paydown is wiped out by about $1k 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 $11k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 11y 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.

Risks & watch-outs

• Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $39,301 (1.5% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 5.14% ✓
• Cap rate: 46.75%
• Cash-on-cash: 144.50%
• DSCR: 7.43
• GRM: 1.6

CMA / ARV

• ARV (on-the-fly): $32,796
• Comps found: 8

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14111 Savannah Ave	0.18mi	4/2.0	1,924 (+6%)	2mo	$34,000	$18	81
14119 Bardwell Ave	0.09mi	4/2.5	1,582 (-13%)	3mo	$9,975	$6	69
13436 Hartford Rd	0.31mi	4/2.0	1,920 (+5%)	11mo	$89,500	$47	68
14810 Shaw Ave	0.36mi	4/2.0	1,698 (-7%)	6mo	$35,000	$21	66
14310 Potomac Ave	0.09mi	5/2.0 (+1)	1,982 (+9%)	12mo	$36,000	$18	66
14004 Savannah Ave	0.19mi	4/2.0	1,996 (+10%)	13mo	$40,000	$20	65
13428 Hartford Rd	0.32mi	4/2.0	1,988 (+9%)	9mo	$34,000	$17	62
13500 Third Ave	0.37mi	4/2.0	2,090 (+15%)	16mo	$30,000	$14	44

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: —
• Equity multiple: 8.50×
• Total profit: $83,806
• Equity at exit: $5,949

10-year hold

• IRR: —
• Equity multiple: 19.17×
• Total profit: $202,976
• Equity at exit: $3,450

Cash invested: $11,172 (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: 99
• Price-to-rent: 3.2×

Monthly cashflow live

• Estimated rent: $2,052 high
• Mortgage (P&I): −$209
• Tax est. 1.5%: −$50 /mo · $598/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$431
• Net cashflow: $1,345

Break-even live

Break-even rent $349

Max offer price $39,900

Occupancy floor 29%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,052
Total (2 units)			$2,052

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: $9,975
• Closing costs: $1,197
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14200 Scioto Ave Cleveland, OH	3.0	1.0	1256	$1,350	$1.07	16d	1	0.04mi
12819 Edmonton Ave Cleveland, OH	4.0	1.0	1423	$1,795	$1.26	16d	1	0.55mi
15801 Hazel Rd Cleveland, OH	3.0	1.5	1908	$1,550	$0.81	16d	1	0.73mi
14120 Superior Ave Unit 1 East Cleveland, OH	3.0	1.0	1400	$1,350	$0.96	10d	1	0.89mi
14120 Superior Ave Unit 4 East Cleveland, OH	3.0	1.0	1408	$1,350	$0.96	43d	1	0.89mi
910 Dresden Rd Cleveland, OH	4.0	2.0	1839	$1,800	$0.98	16d	1	0.94mi
1229 Melbourne Rd Cleveland, OH	5.0	1.5	1600	$2,000	$1.25	43d	1	0.95mi
16000 Terrace Rd Cleveland, OH	1.0–3.0	1.0–2.0	1000	$1,210	$1.21	1d	39	0.96mi
651 E 115th St Cleveland, OH	4.0	2.0	1550	$1,800	$1.16	21d	1	1.16mi
571 E 115th St Cleveland, OH	4.0	2.0	2220	$1,808	$0.81	16d	1	1.22mi
1024 Greyton Rd Cleveland, OH	5.0	2.5	1800	$2,500	$1.39	43d	1	1.24mi
3337 Sylvanhurst Rd Cleveland, OH	3.0	1.0	1334	$1,800	$1.35	7d	1	1.24mi
915 Nela View Rd Cleveland, OH	4.0	1.0	1300	$2,600	$2.00	16d	1	1.25mi
983 Greyton Rd Cleveland, OH	3.0	2.0	1457	$1,495	$1.03	16d	1	1.28mi
14120 Superior Rd Cleveland, OH	3.0	1.0	1390	$1,400	$1.01	43d	1	1.28mi
821 Nela View Rd Cleveland, OH	4.0	2.5	2178	$2,100	$0.96	7d	1	1.34mi
2827 Avondale Ave Apt 2 Cleveland Heights, OH	3.0	1.0	1680	$1,275	$0.76	23d	1	1.37mi
3430 Winsford Rd Cleveland, OH	4.0	1.5	1800	$1,590	$0.88	16d	1	1.38mi
3406 Henderson Rd Cleveland, OH	4.0	1.5	1343	$2,250	$1.68	16d	1	1.39mi
14172 Superior Rd Unit 1 Cleveland Heights, OH	3.0	1.0	1446	$1,295	$0.90	23d	1	1.39mi
963 Selwyn Rd Cleveland, OH	4.0	1.0	1300	$2,650	$2.04	1d	1	1.40mi
1641 Coventry Rd Cleveland, OH	3.0	1.0	1848	$1,200	$0.65	16d	1	1.40mi
1633 Eddington Rd Unit 1 Cleveland Heights, OH	3.0	1.0	1538	$1,100	$0.72	23d	1	1.42mi
1339 E 115th St Cleveland, OH	5.0	2.0	1550	$2,000	$1.29	16d	1	1.45mi
2401 N Taylor Rd Cleveland, OH	3.0	1.0	1347	$1,325	$0.98	7d	1	1.49mi

Listing history 36 events

1. 2026-06-18
   days on market $39,900 Active 22 DOM
2. 2026-06-17
   days on market $39,900 Active 21 DOM
3. 2026-06-16
   days on market $39,900 Active 20 DOM
4. 2026-06-15
   days on market $39,900 Active 19 DOM
5. 2026-06-13
   days on market $39,900 Active 17 DOM
6. 2026-06-13
   days on market $39,900 Active 16 DOM
7. 2026-06-09
   days on market $39,900 Active 13 DOM
8. 2026-06-08
   days on market $39,900 Active 12 DOM
9. 2026-06-07
   days on market $39,900 Active 11 DOM
10. 2026-06-05
    days on market $39,900 Active 8 DOM
11. 2026-06-03
    days on market $39,900 Active 7 DOM
12. 2026-06-02
    days on market $39,900 Active 6 DOM
13. 2026-06-01
    days on market $39,900 Active 5 DOM
14. 2026-05-31
    days on market $39,900 Active 4 DOM
15. 2026-05-27
    listed $39,900 Active
16. 2024-03-06
    historical $800
17. 2024-02-12
    listed $800
18. 2023-12-19
    historical $800
19. 2023-11-15
    listed $800
20. 2023-03-27
    soldstatus $61,000 Closed 1000-char remark

    Show marketing remark (1000 chars)

    Great Investment! This up and down duplex is turnkey and ready to go, just place your down unit tenant! Down unit has nice hardwood floors, updated kitchen and bath with newer tile! Hardwood floors throughout, plenty of cabinet and storage space, built in wooden cabinets/shelves in dining room! Up unit tenant pays $800/month plus gas/electric. Up unit has 2nd and third level which consists of 3 bedrooms, one full bath, hardwood floors throughout, plenty of storage and large 3rd level living area! Updates include: updated electrical panels, newer electric meter bases on exterior, tile in down unit kitchen and bath, roof under 10 years, 1 newer hot water tank, one newer furnace, and light fixtures throughout. Nice big, unfinished basement, plenty of storage! Large front porch, paved driveway! Selling AS IS, seller to order the city of E Cleveland POS. Buyer to assume POS. Great property! Close to downtown, hospitals, parks, restaurants, shopping and more! Hurry this won't last long, con

21. 2023-01-16
    status Pending 1000-char remark

    Show marketing remark (1000 chars)

    Great Investment! This up and down duplex is turnkey and ready to go, just place your down unit tenant! Down unit has nice hardwood floors, updated kitchen and bath with newer tile! Hardwood floors throughout, plenty of cabinet and storage space, built in wooden cabinets/shelves in dining room! Up unit tenant pays $800/month plus gas/electric. Up unit has 2nd and third level which consists of 3 bedrooms, one full bath, hardwood floors throughout, plenty of storage and large 3rd level living area! Updates include: updated electrical panels, newer electric meter bases on exterior, tile in down unit kitchen and bath, roof under 10 years, 1 newer hot water tank, one newer furnace, and light fixtures throughout. Nice big, unfinished basement, plenty of storage! Large front porch, paved driveway! Selling AS IS, seller to order the city of E Cleveland POS. Buyer to assume POS. Great property! Close to downtown, hospitals, parks, restaurants, shopping and more! Hurry this won't last long, con

22. 2022-12-16
    historical Contingent 1000-char remark

    Show marketing remark (1000 chars)

    Great Investment! This up and down duplex is turnkey and ready to go, just place your down unit tenant! Down unit has nice hardwood floors, updated kitchen and bath with newer tile! Hardwood floors throughout, plenty of cabinet and storage space, built in wooden cabinets/shelves in dining room! Up unit tenant pays $800/month plus gas/electric. Up unit has 2nd and third level which consists of 3 bedrooms, one full bath, hardwood floors throughout, plenty of storage and large 3rd level living area! Updates include: updated electrical panels, newer electric meter bases on exterior, tile in down unit kitchen and bath, roof under 10 years, 1 newer hot water tank, one newer furnace, and light fixtures throughout. Nice big, unfinished basement, plenty of storage! Large front porch, paved driveway! Selling AS IS, seller to order the city of E Cleveland POS. Buyer to assume POS. Great property! Close to downtown, hospitals, parks, restaurants, shopping and more! Hurry this won't last long, con

23. 2022-11-14
    listed $61,500 Active 1000-char remark

    Show marketing remark (1000 chars)

    Great Investment! This up and down duplex is turnkey and ready to go, just place your down unit tenant! Down unit has nice hardwood floors, updated kitchen and bath with newer tile! Hardwood floors throughout, plenty of cabinet and storage space, built in wooden cabinets/shelves in dining room! Up unit tenant pays $800/month plus gas/electric. Up unit has 2nd and third level which consists of 3 bedrooms, one full bath, hardwood floors throughout, plenty of storage and large 3rd level living area! Updates include: updated electrical panels, newer electric meter bases on exterior, tile in down unit kitchen and bath, roof under 10 years, 1 newer hot water tank, one newer furnace, and light fixtures throughout. Nice big, unfinished basement, plenty of storage! Large front porch, paved driveway! Selling AS IS, seller to order the city of E Cleveland POS. Buyer to assume POS. Great property! Close to downtown, hospitals, parks, restaurants, shopping and more! Hurry this won't last long, con

24. 2021-08-15
    historical
25. 2021-06-07
    status Active
26. 2021-05-10
    status Pending
27. 2021-03-23
    price $49,000
28. 2021-02-25
    status Active
29. 2021-02-22
    status Pending
30. 2021-02-18
    listed $50,000 Active
31. 2015-05-19
    soldstatus $5,200 Sold
32. 2015-04-09
    status Pending
33. 2015-04-09
    historical Contingent
34. 2015-04-03
    listed $5,300 Active
35. 1988-05-04
    soldstatus $31,000
36. 1984-03-01
    soldstatus $21,000

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% 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: $24,624
• − Mortgage interest: −$2,235
• − Property taxes: −$598
• − Insurance: −$200
• − Repairs & maintenance: −$1,970
• − Management: −$1,970
• − Depreciation: −$1,161
• Taxable income: $16,490
• Est. tax owed @ 24.0%: −$3,958
• After-tax cash flow: $12,186/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

+90.0% since first listed

22 events — show timeline

• 2026-05-27 Listed $39,900 MLSNOW
• 2024-03-06 Rental Removed $800 APPFOLIO
• 2024-02-12 Listed for Rent $800 APPFOLIO
• 2023-12-19 Rental Removed $800 APPFOLIO
• 2023-11-15 Listed for Rent $800 APPFOLIO
• 2023-03-27 Sold (MLS) $61,000 MLSNOW
• 2023-01-16 Pending — MLSNOW
• 2022-12-16 Contingent — MLSNOW
• 2022-11-14 Listed $61,500 MLSNOW
• 2021-08-15 Listing Removed — MLSNOW
• 2021-06-07 Relisted — MLSNOW
• 2021-05-10 Pending — MLSNOW
• 2021-03-23 Price Changed $49,000 MLSNOW
• 2021-02-25 Relisted — MLSNOW
• 2021-02-22 Pending — MLSNOW
• 2021-02-18 Listed $50,000 MLSNOW
• 2015-05-19 Sold (MLS) $5,200 MLSNOW
• 2015-04-09 Pending — MLSNOW
• 2015-04-09 Contingent — MLSNOW
• 2015-04-03 Listed $5,300 MLSNOW
• 1988-05-04 Sold (Public Records) $31,000 Public Records
• 1984-03-01 Sold (Public Records) $21,000 Public Records

Property tax history

+5.5%/yr

Latest (2025): $2,286 · +61.9% YoY. Source: county tax records.