$84,900

Estimated payment $554/month

Total Views 15,056
4 Beds
1.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • No HOA
  • 1 Car Garage
  • Colonial Architecture
  • Forced Air Heating System

About This Home

Cleveland Income Property | Turnkey Investment Opportunity ? $84,900
Tenant Occupied | $1,225/month | 4 Bed, 1 Bath

Calling all investors! This cash-flowing 4-bedroom, 1-bath Cleveland property is already producing $1,225/month in rental income, meeting the 1% rule right out of the gate with room to grow. This opportunity offers a solid cap rate and immediate returns from day one.

The current tenant is reliable, pays on time, and would love to stay, creating a seamless transition for a new owner. Lease converts to month-to-month in August, offering flexibility whether you want to renew, increase rent, or make changes down the line.

Located in a steadily growing rental market, this property makes a great addition to any portfolio.
Turnkey
4 Bedrooms, spacious layout
Strong cash flow potential
Cleveland market with investor demand

Whether you're a seasoned investor or just getting started, this is the kind of deal that doesn't stay on the market for long.

Listing Agent

Clorice Dlugos

McDowell Homes Real Estate Services Brokerage Email: cloricedlugos@gmail.com, 440-812-2542 License #2025003178 Listed on: 07/21/2025

McDowell Homes Real Estate Services

Co-Listing Agent

Ashley Snowberger

McDowell Homes Real Estate Services Brokerage Email: cloricedlugos@gmail.com, 440-812-2542 License #2023001231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1905

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Slate Roof
  • Aluminum Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1.5 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 3,615 Sq Ft Lot
  • Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 108-11-105

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,011

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1905
  • Attribution Contact: cloricedlugos@gmail.com, 440-812-2542
  • Co List Office Mls Id: 9545
  • Co List Office Phone: 440-205-2000
  • ResoSpecialListingConditions: Standard
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Slate
  • Acres: 0.083
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 108-11-105
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1011.0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,011 $15,120 $2,800 $12,320
2023 $809 $10,440 $2,210 $8,230
2022 $262 $3,400 $2,210 $1,190
2021 $260 $3,400 $2,210 $1,190
2020 $247 $2,800 $1,820 $980
2019 $229 $8,000 $5,200 $2,800
2018 $696 $8,540 $1,820 $6,720
2017 $305 $3,610 $2,030 $1,580
2016 $303 $3,610 $2,030 $1,580
2015 $2,459 $3,610 $2,030 $1,580
2014 $2,459 $9,870 $2,240 $7,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $84,900 -- --
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Accommodation
Warranty Deed $57,500 Titleco Title Agency Ltd
Warranty Deed $4,940 Titleco Title Agency
Certificate Of Transfer -- None Available
Quit Claim Deed $38,400 Public
Certificate Of Transfer -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,000 New Conventional
Source: Public Records

About the Listing Agent

Clorice Dlugos

McDowell Homes Real Estate Services

(216) 516-7769

Section Image

An expert real estate agent with McDowell Real Estate in Ashtabula, Lake, Geauga and Trumbull Counties, OH, also servicing Western PA. providing buyers and sellers with professional, responsive and attentive real estate service for 23 years.
With my experience in real estate, I am passionate about helping clients navigate one of life’s most significant decisions. Whether you’re a residential seller, first-time homebuyer, luxury homeowner, investor, or seeking commercial real estate

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Source: MLS Now

MLS Number: 5142021

MLS Now

APN: 108-11-105