3261 E 140th St Cleveland, OH 44120
Mount Pleasant NeighborhoodEstimated payment $864/month
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
- Deck
- Porch
About This Home
Turnkey investment opportunity! This spacious 4-bedroom, 1.5-bath Colonial offers strong rental potential and consistent income. The property is currently tenant-occupied with a lease in place through 1/9/2027 at $1,740/month, providing immediate cash flow for investors.
Features include a full basement, covered porch, and classic layout with multiple living levels. Conveniently located near Euclid Avenue with easy access to local amenities, schools, and transportation. This home has the LBP certification and passed all sec 8 inspections.
Please note: The seller prefers to sell this property as part of a portfolio, including 15125 Naples Ave, 3552 West 45th Street, and 4324 Riverside Avenue—presenting a unique opportunity for investors to acquire multiple income-producing properties in one package, but will consider offers on a case by case basis!
Please see repairs/updates list and lease agreements/rent amounts attached in supplements.
Listing Agent
Keller Williams Greater Metropolitan Brokerage Email: j.duffey@kw.com, 216-554-3848 License #2023004605 Listed on: 03/25/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $878
Year Built
- Built in 1910
Lot Details
- 5,458 Sq Ft Lot
Parking
- Unpaved Parking
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 1,524 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Shaker Overlook Subdivision
Listing and Financial Details
- Assessor Parcel Number 130-15-002
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 |
|---|---|---|---|---|
| 2025 | $878 | $13,125 | $5,215 | $7,910 |
| 2024 | $878 | $13,125 | $5,215 | $7,910 |
| 2023 | $787 | $10,150 | $3,290 | $6,860 |
| 2022 | $782 | $10,150 | $3,290 | $6,860 |
| 2021 | $775 | $10,150 | $3,290 | $6,860 |
| 2020 | $1,174 | $13,580 | $2,840 | $10,750 |
| 2019 | $1,085 | $38,800 | $8,100 | $30,700 |
| 2018 | $1,141 | $13,580 | $2,840 | $10,750 |
| 2017 | $1,210 | $14,670 | $3,290 | $11,380 |
| 2016 | $1,200 | $14,670 | $3,290 | $11,380 |
| 2015 | $5,127 | $14,670 | $3,290 | $11,380 |
| 2014 | $5,127 | $14,670 | $3,290 | $11,380 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $148,000 | +10.0% | $97 / Sq Ft | |
| 04/09/2025 04/09/25 | Sold | $134,500 | +3.5% | $88 / Sq Ft | View Prior Sale |
| 03/05/2025 03/05/25 | Pending | -- | -- | -- | |
| 02/19/2025 02/19/25 | For Sale | $130,000 | +21.5% | $85 / Sq Ft | |
| 10/18/2024 10/18/24 | Sold | $107,000 | +7.5% | $70 / Sq Ft | View Prior Sale |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- | |
| 09/20/2024 09/20/24 | For Sale | $99,500 | +243.1% | $65 / Sq Ft | |
| 03/06/2020 03/06/20 | Sold | $29,000 | 0.0% | $12 / Sq Ft | View Prior Sale |
| 03/01/2020 03/01/20 | Off Market | $29,000 | -- | -- | |
| 02/06/2020 02/06/20 | Pending | -- | -- | -- | |
| 12/15/2019 12/15/19 | Price Changed | $37,500 | -16.7% | $16 / Sq Ft | |
| 10/27/2019 10/27/19 | For Sale | $45,000 | -- | $19 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $134,500 | Innovative Title | |
| Fiduciary Deed | $107,000 | Innovative Title | |
| Quit Claim Deed | -- | Madden David W | |
| Warranty Deed | $81,565 | Title One Agency | |
| Quit Claim Deed | -- | Title One Agency | |
| Warranty Deed | $29,000 | River Title | |
| Warranty Deed | $92,000 | Sherman | |
| Warranty Deed | $36,500 | -- | |
| Warranty Deed | $19,500 | Sherman Title | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $114,325 | New Conventional | |
| Previous Owner | $27,600 | No Value Available | |
| Previous Owner | $105,300 | Construction | |
| Previous Owner | $60,000 | New Conventional | |
| Previous Owner | $64,400 | Balloon |
Source: MLS Now
MLS Number: 5194237
APN: 130-15-002
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Ask me questions while you tour the home.