
10322 Colonial Ave Cleveland, OH 44108
Glenville NeighborhoodEstimated payment $554/month
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
McDowell Homes Real Estate Services Brokerage Email: cloricedlugos@gmail.com, 440-812-2542 License #2025003178 Listed on: 07/21/2025

Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/21/2025 07/21/25 | For Sale | $84,900 | -- | -- |
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 | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $46,000 | New Conventional |
About the Listing Agent

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
Clorice's Other Listings
Source: MLS Now
MLS Number: 5142021

APN: 108-11-105
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