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817 Alhambra Rd, Cleveland, OH, 44110

5beds
2baths
1,440sqft
$105,000
$73price/sqft
$1,120/moest. monthly cost
$44,800/yrincome needed

About This Home

Located in the heart of South Collinwood, this renovated 4-bedroom, 2-bathroom multi-unit property is ready for its next savvy investor. Currently occupied and generating steady rental income, this home offers immediate cash flow with minimal upfront work required. Recent renovations include new furnace, roof, hot water tank, plumbing from road, top floor deck, bathrooms and much more throughout both units. Both units feature bright, comfortable living spaces with good natural light and practical layouts that maximize usability. Whether you're looking to expand your rental portfolio or add a solid cash-flowing asset, this property delivers reliable returns with the peace of mind that comes from completed renovations. Extremely well maintained unit & centrally located near Waterloo District and much more! No Showings Until Accepted Offer.

Getting Around

50
WalkingCar-Dependent
41
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

3/10
Ginn AcademyGrades K,5,8-120.4 mi
2/10
Collinwood High SchoolGrades 3,9-120.5 mi
5/10
East Clark SchoolGrades PK-90.7 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Metal Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Wood Frames
  • Finished area above ground: 1,440

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Property

Details

  • Parcel number: 11526146
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 3,358 sqft

Parking

  • Total spaces: 1
  • Parking features: Attached,Driveway,Garage,On Street
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $530$6,360
Home Insurance *$232$2,784
Property Taxes $165$1,980
Electricity $193$2,320
Total$1,120$13,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,400/yr
40% on housing$33,600/yr
45% on housing$29,866/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 44110$49
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44110$59
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$130,000
2025-08-24Listing removed$94,500
2025-07-14Listed for sale$94,500
2025-07-03Pending sale$94,500
2025-05-22Listed for sale$94,500
2025-05-02Contingent$94,500
2025-05-01Listed for sale$94,500
2020-11-19Sold$48,000
2020-09-14Pending sale$44,800
2020-07-01Listed for sale$44,800
2020-06-18Pending sale$44,800
2019-11-07Listed for sale$44,800
2017-09-27Sold$230,000
1996-09-13Sold$37,000

For Sale by Agent

AgentBlake Hochadel
BrokerageBerkshire Hathaway HomeServices Professional Realty

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