3548 E 138th St Cleveland, OH 44120
Mount Pleasant NeighborhoodEstimated payment $637/month
Highlights
- Colonial Architecture
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- No HOA
About This Home
Investor opportunity! Leased 4-bedroom, 1.5-bath colonial currently occupied by a Section 8 tenant, providing immediate and consistent rental income. This property offers strong cash-flow potential with upside for value-add investors. Home needs some TLC to reach top market value, making it ideal for buyers looking to renovate and increase equity. Seller is motivated and realistic on value. No showings will be permitted without a previously negotiated and accepted purchase agreement. Seller will not consider wholesalers and will not sign assignable or vested contracts—no exceptions. Serious investors only.
Listing Agent
Keller Williams Greater Metropolitan Brokerage Email: CliffLouis@kw.com, 203-554-9020 License #2017000582 Listed on: 01/09/2026
Co-Listing Agent
Keller Williams Greater Metropolitan Brokerage Email: CliffLouis@kw.com, 203-554-9020 License #2023002703
Home Details
Home Type
- Single Family
Year Built
- Built in 1918
Lot Details
- 7,501 Sq Ft Lot
Parking
- Driveway
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Community Details
- No Home Owners Association
- Pleasant View Allotment #2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 137-05-021
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 | $1,463 | $21,875 | $4,375 | $17,500 |
| 2023 | $584 | $7,530 | $3,050 | $4,480 |
| 2022 | $580 | $7,525 | $3,045 | $4,480 |
| 2021 | $575 | $7,530 | $3,050 | $4,480 |
| 2020 | $572 | $6,480 | $2,630 | $3,850 |
| 2019 | $530 | $18,500 | $7,500 | $11,000 |
| 2018 | $805 | $6,480 | $2,630 | $3,850 |
| 2017 | $82 | $9,740 | $2,490 | $7,250 |
| 2016 | $81 | $9,740 | $2,490 | $7,250 |
| 2015 | $3,511 | $9,740 | $2,490 | $7,250 |
| 2014 | $3,511 | $9,740 | $2,490 | $7,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/19/2026 02/19/26 | For Sale | $100,000 | 0.0% | $50 / Sq Ft | |
| 02/01/2026 02/01/26 | Pending | -- | -- | -- | |
| 01/09/2026 01/09/26 | For Sale | $100,000 | +60.0% | $50 / Sq Ft | |
| 12/22/2023 12/22/23 | Sold | $62,500 | -21.9% | $45 / Sq Ft | View Prior Sale |
| 11/27/2023 11/27/23 | Pending | -- | -- | -- | |
| 11/22/2023 11/22/23 | For Sale | $80,000 | -- | $58 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $62,500 | Infinity Title | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Available | |
| Deed | -- | -- |
Source: MLS Now
MLS Number: 5180534
APN: 137-05-021
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Ask me questions while you tour the home.