73 & 77 Prospect Street, Berea, OH 44017

$240,000
5
BD
3
BA

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Sold Price
$240,000
List Price
$250,000
Status
CLOSED
Days on Market
18
Closing Date
Jun 20, 2025
MLS#
5127534
Subtype
Residential Income
Year Built
1914
Bedrooms
5
Bathrooms
3
Full Baths
2
Half Baths
1
Acres
0.21
Subdivision
Middleburgh Sec 17
Neighborhood
Middleburgh Sec 17
MLS Area Major
Berea

Property Description

Two Homes, One Parcel, Endless Opportunity – Walk to BW! Just a short stroll from Baldwin Wallace University, dining, shopping, and downtown Berea’s charm, this unique investment opportunity features two single-family homes on one parcel with off-street parking and a shared driveway. One unit is rent-ready with fresh updates and repairs, perfect for locking in a tenant immediately. The second home offers a blank canvas—bring your contractor or DIY spirit and have it ready in time for the fall semester rush. With the demand for off-campus housing continuing to climb, this is a golden chance to tap into steady, year-round rental income. The location speaks for itself—and so does the value. Appraised recently at $275K, the motivated seller has priced this for a quick sale. Live in one, rent the other. Rent both. Either way, you’re building equity while creating cash flow. Opportunities like this, this close to campus, don’t come along often—snag it before the school year starts.

Additional Information

Taxes
$4,892
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt
Parking Features
Additional Parking, Detached, Garage
Garage Spaces
2
School District
Berea CSD - 1804
View
Trees/Woods

Listing Courtesy of: Stacey M McVey, stacey@cleliving.com With EXP Realty, LLC.

Selling Office: EXP Realty, LLC..

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