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2102 Freeman Ave, Cleveland, OH 44113

Studio, 3,278 sqft
For Sale
$269,000
Price cut: -$10,000 (5/7)
Zestimate®: $223,691
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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Rare opportunity in Tremont, well established location near West Side Market, centralized to Ohio City, Tremont and Downtown. Fabulous location for tavern, lounge, food service or something of the like. Literally around the corner from Velvet Tango Room, one of Cleveland's most well-renown hot spots. Currently the Duck Island Club, this storefront space could serve many purposes for a new entrepreneur or established business seeking a prime location. The opportunity awaits, the property is ready, the bar's lease is month to month. There are also two, fully renovated apartments which have a great rental history - they are always occupied and provide a great offset to monthly operation costs. With all the many developments surrounding, this is one golden opportunity to jump on!  MoreLess
Facts
  • Single Family
  • Built in 1890
  • 247 days on Zillow
  • Price/sqft: $82
  • MLS #: 3460526
Other
  • Floor size: 3,278 sqft
  • Zillow Home ID: 2109737630
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$223,691
-$11,577 Last 30 daysd
$157K
$284K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,566/mo
+$130 Last 30 daysd
$658
$2.4K
Zestimate range

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Neighborhood for 2102 Freeman Avenue

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Zillow predicts Tremont home values will rise 2.1% next year, compared to a 3.7% increase for Cleveland as a whole. Among Tremont homes, this home is 317.7% more expensive than the midpoint (median) home, and is priced 70.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Tremont, the number of foreclosures waiting to be sold is 60.8% lower than in Cleveland, and 36.4% higher than the national average. This lower local number could help Tremont home values rise more quickly than other regions in Cleveland.

Learn more about forecast calculations or Tremont home values.
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