$142,500
$7K PRICE DROP

Estimated payment $864/month

Total Views 5,325
3 Beds
1 Bath
1,362 Sq Ft
$105 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Front Porch
  • Forced Air Heating System
  • No HOA
  • Detached Carport Space
  • 1 Car Garage

About This Home

Unlock strong investment returns with this well-positioned 3-bedroom home in Cleveland's dynamic Waterloo Arts District! Located just 4 minutes from Euclid Beach and 13 minutes to downtown, this property offers excellent accessibility to major transit routes and urban attractions, making it a prime location with high rental demand. Key for investors, it is currently occupied at $1,250/month on a month-to-month lease, but presents significant value-add potential as the estimated Section 8 rent for a 3-bedroom in this zip code is approximately $1,400/month, offering immediate rent increase potential. For added flexibility, the property can be delivered vacant with prior notice, allowing you to secure a higher market rent or occupy the property yourself. Investors will appreciate the peace of mind offered by lead certification, a waterproofed basement with a sump pump and glass block windows, and stylish LVP flooring throughout the first floor. Furthermore, this property offers portfolio synergy as it can be acquired as a package deal with the adjacent property at 15421 Parkgrove Ave. This property presents a fantastic opportunity for investors seeking a turnkey asset with clear potential for increased cash flow in an appreciating market. Secure your next investment! Call for your private showing today!

Listing Agent

Victoria Wallis

RE/MAX Crossroads Properties Brokerage Email: victoriawallis@remax.net 330-819-8216 License #2021004858 Listed on: 06/09/2025

RE/MAX Crossroads Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1909

Parking

  • 1 Car Garage
  • Detached Carport Space

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,362 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

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

Additional Features

  • Front Porch
  • 3,964 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 112-16-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,262

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1909
  • Attribution Contact: victoriawallis@remax.net 330-819-8216
  • Above Grade Finished Sq Ft: 1362.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Sump Pump, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.091
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached Carport, 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: 112-16-080
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 1262.0

Map

Range of Values:

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Average Value
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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 $1,870 $27,965 $4,970 $22,995
2023 $1,262 $16,280 $3,470 $12,810
2022 $1,255 $16,280 $3,470 $12,810
2021 $1,243 $16,280 $3,470 $12,810
2020 $1,262 $14,280 $3,050 $11,240
2019 $1,169 $40,800 $8,700 $32,100
2018 $1,121 $14,280 $3,050 $11,240
2017 $1,086 $12,850 $2,940 $9,910
2016 $1,078 $12,850 $2,940 $9,910
2015 $1,244 $12,850 $2,940 $9,910
2014 $1,244 $14,770 $3,360 $11,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Price Changed $142,500 -1.3% $105 / Sq Ft
07/10/2025 07/10/25 Price Changed $144,417 -3.3% $106 / Sq Ft
06/09/2025 06/09/25 For Sale $149,417 -- $110 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Golden Eagle Title & Escrow
Warranty Deed -- Golden Eagle Title & Escrow
Warranty Deed $46,000 Titleco Title Agency
Corporate Deed $15,000 Third Capital
Sheriffs Deed $43,334 None Available
Deed $60,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,500 New Conventional
Closed $84,500 New Conventional
Previous Owner $57,000 New Conventional
Source: Public Records

Source: MLS Now

MLS Number: 5130338

MLS Now

APN: 112-16-080