$85,000
PENDING

Estimated payment $538/month

Total Views 1,651
3 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • 1 Fireplace
  • Forced Air Heating System
  • Cape Cod Architecture
  • No HOA

About This Home

High-Yield Investment Opportunity in North Collinwood!This well-maintained 3-bedroom, 1-bath home in Cleveland’s North Collinwood neighborhood is a turnkey investment, currently generating $1,377/month in rent—guaranteed and paid directly by CMHA (Cuyahoga Metropolitan Housing Authority). Tenants are secured with a lease through April 2026, transitioning to month-to-month afterward, offering ongoing, stable cash flow.With low monthly expenses—property taxes at $62.60, insurance at $52, and water at $43—the estimated net monthly income is $1,282. That translates to an impressive annual net income of approximately $15,028.80.Offered at just $85,000, this property delivers a strong 17.7% ROI in one of Cleveland’s consistent rental markets.Don't miss this chance to add a solid performer to your portfolio—schedule your showing today!

Last Listed By

Theresa Seese

McDowell Homes Real Estate Services Brokerage Email: Theresa@sellwithseese.com 216-666-1411 License #2015005590 Listed on: 05/21/2025

McDowell Homes Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $749

Year Built

  • Built in 1905

Lot Details

  • 6,652 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Theodore Jenne Et Al Subdivision

Listing and Financial Details

  • Assessor Parcel Number 112-23-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$749

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1905
  • Attribution Contact: Theresa@sellwithseese.com 216-666-1411
  • Subdivision Name: Theodore Jenne Et Al
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1527
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 112-23-090
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 749.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $749 $11,200 $6,160 $5,040
2023 $1,350 $5,290 $2,170 $3,120
2022 $408 $5,290 $2,170 $3,120
2021 $404 $5,290 $2,170 $3,120
2020 $631 $7,140 $1,890 $5,250
2019 $584 $20,400 $5,400 $15,000
2018 $582 $7,140 $1,890 $5,250
2017 $938 $11,100 $2,000 $9,100
2016 $931 $11,100 $2,000 $9,100
2015 $1,538 $11,100 $2,000 $9,100
2014 $1,074 $12,750 $2,280 $10,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $85,000 +462.5% --
06/07/2019 06/07/19 Sold $15,111 -20.0% $15 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
03/30/2019 03/30/19 For Sale $18,900 0.0% $19 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $18,900 -- $19 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Warranty Deed $15,111 Mount Morris Title Agency
Quit Claim Deed $6,000 None Available
Interfamily Deed Transfer -- Attorney
Deed $6,300 --
Deed $6,200 --
Deed -- --
Deed -- --
Source: Public Records

Similar Homes in Cleveland, OH

  • 14716 Thames Ave, Cleveland, OH 44110

    $105,000

    • 5 Beds
    • 2 Baths
    • 2,322 Sq Ft
    • 14716 Thames Ave
    • Cleveland, OH

    Calling all investors to this fully updated tenant occupied 5-bedroom rental property at 14716 Thames Ave, Cleveland, OH! With a tenant playing $1,500 per month, this property delivers an outstanding 1.4% price-to-rent ratio which is perfect for investor looking for a turn-key rental property. This home provides recent renovations ensure minimal maintenance and maximum appeal, making this a

    Jack Krusinski RE/MAX Above & Beyond

    Section Image
  • 14613 Westropp Ave, Cleveland, OH 44110

    $79,900

    • 3 Beds
    • 2 Baths
    • 1,563 Sq Ft
    • 14613 Westropp Ave
    • Cleveland, OH

    Spacious Colonial Near Arts District & Beach – Tons of Potential!This large colonial home offers incredible space and character just minutes from the arts district and close to the beach. Features include a generous kitchen with ample cabinetry and counter space, a formal dining room perfect for entertaining, and a large front porch ideal for relaxing during warmer months.Upstairs area offers

    Gina Warner Red 1 Realty, LLC.

    Section Image
  • 13704 Darley Ave, Cleveland, OH 44110

    $71,000

    • 3 Beds
    • 1 Bath
    • 1,728 Sq Ft
    • 13704 Darley Ave
    • Cleveland, OH

    Calling all investors. Now is the time to add to your portfolio. Already tenant occupied. This three bedroom , one bath home with living room and dining room with an unfinished basement. Located minutes from downtown Cleveland call today to set up a showing.

    Latasha Jamison DreamTeam Realty, Inc.

    Section Image
  • 915 E 141st St, Cleveland, OH 44110

    $70,000

    • 3 Beds
    • 1 Bath
    • 915 E 141st St
    • Cleveland, OH

    This 3-bedroom, 1-bath home in Collinwood offers great potential for investors. The house has been gutted and is prepped for a full renovation, with new plumbing, electrical, HVAC, and roof already installed. The sale includes essential materials to finish the rehab, such as a new Jacuzzi, recessed lighting, porcelain tile, and more, ensuring you can complete the home and bring it to market

    Chinetha Hall Howard Hanna

    Section Image
  • 927 E 149th St, Cleveland, OH 44110

    $100,000

    • 3 Beds
    • 1 Bath
    • 927 E 149th St
    • Cleveland, OH

    This tenant occupied home is an excellent opportunity to bring value to your investment portfolio! The single family colonial features a spacious interior with living room, dining room, and large kitchen on the main floor and 3 bedrooms and a full bath on the 2nd floor. There is also a full basement, covered front porch and large partially fenced-in backyard. The current tenants pay $1059/month.

    Michael Ferrante Century 21 Homestar

    Section Image
  • 945 E 149th St, Cleveland, OH 44110

    $95,000

    • 3 Beds
    • 1.5 Baths
    • 945 E 149th St
    • Cleveland, OH

    This solid 3-bedroom, 1.5-bathroom home offers strong rental potential and is perfect for investors looking to expand their portfolio. Located in a growing neighborhood with easy access to local amenities, schools, and public transportation, this property features a spacious layout, a partially updated kitchen, and a generous backyard.With minor updates, this home can quickly generate

    Ryan Sackman Berkshire Hathaway HomeServices Professional Realty

    Section Image
  • 14413 Coit Rd, Cleveland, OH 44110

    $93,900

    • 3 Beds
    • 1 Bath
    • 1,560 Sq Ft
    • 14413 Coit Rd
    • Cleveland, OH

    Turn-Key Investment. Tenant occupied on their second-year lease at $1,000 mo. private pay. Tenant pays utilities. The lease ends in April 2026.

    Portia Sharp Keller Williams Greater Metropolitan

    Section Image
  • 1125 Galewood Dr, Cleveland, OH 44110

    $94,900

    • 3 Beds
    • 1 Bath
    • 1,728 Sq Ft
    • 1125 Galewood Dr
    • Cleveland, OH

    Welcome to your next investment! Situated in North Collinwood, this recently updated 3 bedroom-1 bathroom Colonial style property works for investors of all types. Featuring new carpeting on both levels , LVP flooring in kitchen, fresh new paint throughout, recently refinished hardwood flooring on second floor. As a bonus there's an an open porch for relaxation. Property is situated on a corner

    Kelli Johnson NorthPoint Asset Management, LLC.

    Section Image
  • 12705 Iowa Ave, Cleveland, OH 44108

    $86,500

    • 3 Beds
    • 1 Bath
    • 1,620 Sq Ft
    • 12705 Iowa Ave
    • Cleveland, OH

    Calling all investors or owner occupants. Good condition vacant home ready for your finishing touches!

    Jordan Roth Howard Hanna

    Section Image

Source: MLS Now

MLS Number: 5124748

MLS Now

APN: 112-23-090