$200,000

Estimated payment $1,453/month

Total Views 6,251
4 Beds
1.5 Baths
2,279 Sq Ft
$88 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Tennis Courts
  • Park
  • No HOA
  • 2 Car Detached Garage
  • Public Transportation

About This Home

Priced at $200,000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3,200,000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33,685/month in scheduled rental income ($404,220 annually). Based on provided income and property taxes, the portfolio produces approximately $344,121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: • 16 Single-Family Rental Homes • $33,685/month rental income • $404,220 gross annual income • Approx. 10.75% cap rate based on provided rent roll • Stabilized tenant base • Renovated and income-producing assets • Strong Cleveland suburban rental markets • Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!

Listing Agent

Jesse Kracht

Russell Real Estate Services Brokerage Email: jessek.cst@gmail.com, 440-212-5656 License #2010001088 Listed on: 07/03/2026

Russell Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,251

Year Built

  • Built in 1957

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 40x136
  • South Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 1.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 704-13-089

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,251

Year Built

Built in 1957

Lot Details

5,445 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1957
  • Attribution Contact: jessek.cst@gmail.com, 440-212-5656
  • ResoSpecialListingConditions: Standard
  • Above Grade Finished Sq Ft: 1789.0
  • Reso Accessibility Features: None
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: No
  • Reso Property Condition: Fixer
  • Tax Year: 2025
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 490.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.125
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Park, Shopping, Tennis Court(s), Public Transportation
  • Association: No

Schools

  • Junior High Dist: South Euclid-Lyndhurst - 1829

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 704-13-089
  • LandLeaseYN: No
  • Lot Dimensions: 40x136

Tax Info

  • Tax Annual Amount: 4251.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,252 $49,000 $9,835 $39,165
2024 $3,869 $49,000 $9,835 $39,165
2023 $3,092 $31,260 $7,140 $24,120
2022 $3,076 $31,255 $7,140 $24,115
2021 $3,055 $31,260 $7,140 $24,120
2020 $3,196 $28,700 $5,810 $22,890
2019 $2,928 $82,000 $16,600 $65,400
2018 $2,961 $28,700 $5,810 $22,890
2017 $3,098 $28,140 $4,760 $23,380
2016 $3,079 $28,140 $4,760 $23,380
2015 $3,132 $28,140 $4,760 $23,380
2014 $3,132 $29,620 $5,010 $24,610
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2026 07/03/26 For Sale $200,000 +400.0% $88 / Sq Ft
12/23/2013 12/23/13 Sold $40,000 -1.2% $20 / Sq Ft View Prior Sale
11/01/2013 11/01/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $40,500 -- $20 / Sq Ft
Source: MLS Now

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $120,000 Titleco Title
Interfamily Deed Transfer -- Cleveland Home Title
Warranty Deed $88,286 Cleveland Home Title
Special Warranty Deed $40,000 Servicelink
Sheriffs Deed $35,000 None Available
Executors Deed $93,000 Title Xperts Agency Inc
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $183,675 New Conventional
Closed $182,100 Construction
Previous Owner $1,075,036 Credit Line Revolving
Previous Owner $995,000 Purchase Money Mortgage
Previous Owner $121,000 Fannie Mae Freddie Mac
Previous Owner $95,359 Unknown
Previous Owner $92,945 FHA
Source: Public Records

Source: MLS Now

MLS Number: 5224514

MLS Now

APN: 704-13-089

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