⚡ REO Alert: $14/Sqft and 2,246 Sqft for Only $32K
Victorian 5BR, rural expansion lot, Main St below-assessment + more inside
This week's opportunities include a 3-story bank foreclosure at $14/sqft pricing.
Plus a Victorian 5BR colonial with high investor attention at $25/sqft.
Also a rural bungalow with 7,500+ sqft lot expansion potential.
And a Main Street property priced below tax assessment value.
Free readers get the massive markdown foreclosure breakdown.
Paid subscribers get all 4 distressed property deals
Passive Cash-Flowing Properties
Buy shares of investment properties, earn rental income & appreciation for anywhere from $100 to $20k — let Arrived take care of the rest.
Distressed Deals of The Week
🏚️ Massive Markdown
$32,300 ask on 2,246 sqft = $14/sqft pricing Massive 3-story colonial with butler pantry.
38% below 1993 sale price = instant equity opportunity.
🌾 Country Value
Rural tranquility meets expansion potential in Uhrichsville.
1906 bungalow + 7,501 sqft lot + 308 days on market = negotiation leverage for septic-savvy investors.
🧱 Brick & Mortar
Victorian brick bones in Cleveland's George Sells neighborhood.
5BR layout + high investor interest = great rental potential for gut-rehab specialists.
🏞️ Lake District
Main Street location with Seneca Lake proximity at below-assessment pricing.
Original hardwoods + highway access = small-town rental goldmine.
1831 Knowles St, East Cleveland, OH 44112
$32,300 | 4 beds | Single-family | 2,246 sqft
🏚️ Bank-owned foreclosure in East Cleveland.
3-story colonial with unfinished basement.
Features butler pantry, full kitchen, finished 3rd floor living space.
At $32.3K ask with no Zestimate available, this is priced at just $14/sqft.
💡 Pro Tip:
Historic low: Last sold for $51,900 in 1993 - now 38% below that price
3 full floors + basement = massive square footage for the money
Butler pantry and period details suggest quality construction bones
💰 Financial Snapshot
Est. Market Value: No Zestimate available
Current Ask: $32,300
Last Sale: $51,900 (1993)
Layout: 4 bed/2 bath
Building Size: 2,246 sqft
Lot Size: 6,599 sqft
Year Built: 1899
Price per Sq Ft: $14
Rent Zestimate: Not available
Gross Yield: TBD
Annual Taxes: $351
⚠️ Heads Up
REO "Sold As-Is" condition
No current Zestimate for market validation
143+ days on market suggests challenging area or condition
🏆 Best For:
Experienced rehab investors with East Cleveland market knowledge
Buy-and-hold operators targeting affordable housing
Contractors who can handle major renovations
Why it works:
Massive 2,246 sqft for under $33K = unbeatable cost basis.
3-story layout offers flexibility for owner-occupy duplex conversion.
Historic bones with butler pantry suggest solid renovation potential.