Did you know that you can use your account on all of your devices? Sign in on a tablet or smartphone for the same great home search tools you use on your desktop!
Don't have an account?Estimated Monthly Payment: $468.68
Edit mortgage details for a more accurate payment
Exceptional turn-key investment opportunity offering immediate and stable cash flow. This well-maintained 3-bedroom, 1.5-bath Colonial is currently rented for $1,650 per month with a tenant already in place through May 2027, allowing investors to step into a performing asset without the hassle, expense, or vacancy risk associated with tenant placement. The property has been thoughtfully updated and maintained, featuring fresh interior paint, new carpeting, an updated garage, and a finished basement that enhances the overall functionality and appeal of the home. The spacious layout, combined with the finished lower level, provides attractive living space that helps support strong tenant retention and long-term rental demand. Outside, the fully fenced backyard offers privacy and additional outdoor space, a desirable feature for tenants and families alike. Located in Cleveland's established rental market, this property presents an excellent opportunity for both new and seasoned investors seeking dependable income and minimal deferred maintenance. With major cosmetic improvements already completed and a lease secured through 2027, investors can benefit from immediate revenue from day one while avoiding turnover costs in the near term. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or acquire a stable buy-and-hold asset, this property checks all the boxes: reliable cash flow, tenant stability, recent updates, and turn-key condition. Opportunities to acquire a fully occupied, income-producing property with long-term tenancy already in place are becoming increasingly difficult to find. Add this performing asset to your portfolio and start collecting income immediately.
$164,900
Estimated Monthly Payment: $468.68 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Cleveland | Property Type: Residential - Single Family | |
| Lot Size: 0.11 Acres | School District: Cleveland Municipal - 1809 | |
| Garage: 1 | Bedrooms: 3 | |
| Taxes: $643 | Bathrooms: 1 full 1 partial | |
| Status: Active | Square Feet: 1248 | |
| Year Built: 1927 | MLS#: 5214539 |
| Property Type: Residential - Single Family | Laundry: In Basement | |
| Basement: Yes | Lot Description: < 1/2 Acre, Back Yard, Front Yard | |
| Community Features: Street Lights, Sidewalks | Lot Size: 0.11 Acres | |
| Cooling: Attic Fan | Parcel#: 138-04-003 | |
| Days on Site: 13 | Parking: Driveway, Detached, Garage | |
| Exterior: Aluminum Siding | Patio/Porch: Rear Porch, Front Porch, Terrace, Balcony | |
| Exterior Features: Balcony, Private Yard | Roof Type: Asphalt, Fiberglass | |
| Fencing: Back Yard, Fenced | Sewer: Public Sewer | |
| Fireplace: Living Room | Stories: 2.0 | |
| Fireplaces: 1 | Taxes: $643 | |
| Garage: 1 | Water: Public | |
| Heating: Forced Air, Gas | Window: Double Pane Windows | |
| Home Style: Colonial | Year Built: 1927 | |
| Interior Features: Built-in Features, Ceiling Fan(s), Pantry, Recessed Lighting, Soaking Tub |
| School District: Cleveland Municipal - 1809 |
Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: tom.didonato.realestate@gmail.com, 440-503-6728
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
| Fips |
| Fips Code39035 |
| Population |
| 2020 to 2025 Changedown 2.5% |
| 2010 Count1,280,122 |
| 2020 Count1,264,817 |
| 2025 Estimate (V2025)1,232,925 |
| 2020 Estimate (V2025)1,264,775 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1720.1% |
| 18 to 6454.2% |
| 65 and Older20.5% |
| Gender |
| Male48.0% |
| Female52.0% |
| Place of Birth |
| Foreign7.7% |
| US92.3% |
| Education |
| High School Graduate, Age 25+91.5% |
| Bachelor's Degree or Higher, Age 25+36.5% |
| Computer and Internet use |
| Households with a computer94.0% |
| Households with a broadband Internet subscription89.5% |
| Language |
| English is Second Language, Age 5+12.3% |
| English is First Language, Age 5+87.7% |
| Veterans |
| Veterans54,264 |
| Income |
| Per Capita Income$42,747 |
| Median Household Income$64,468 |
| People in Poverty14.9% |
| Commute |
| Average Work Commute Time24 minutes |
| Housing |
| Total Housing Units615,116 |
| Households554,551 |
| Average Household Size2.20 |
| Owner-Occupied59.4% |
| Multi-Family34.9% |
| Owner-Occupied Median Value$195,400 |
| Median selected monthly owner costs -with a mortgage$1,570 |
| Median selected monthly owner costs -without a mortgage$671 |
| Median gross rent$1,060 |
| Building Permits |
| New Private Housing Issued 20241,685 |
| Years at Residence |
| 1 Year or More86.7% |
| Less Than 1 Year13.3% |
| Business and Employment |
| Private non-farm Establishments31,496 |
| Private non-farm Employment681,543 |
| Private non-farm Employment Growthup 0.7% |
| Nonemployer Establishments110,977 |
| Number of Firms23,160 |
| Business Production |
| Value of Shipments$23,225,392,000 |
| Wholesale Trade$24,854,217,000 |
| Retail Trade$16,920,714,000 |
| Retail Sales Per Capita$11,914 |
| Accommodation and Food Services$3,332,698,000 |
| Land |
| Land Area457.19 sq. miles |
| Population Per Square Mile2,800 |