417 Arbor Rd Cleveland, OH 44108
Forest Hills NeighborhoodEstimated payment $756/month
Highlights
- Forced Air Heating System
- Ceiling Fan
- Wood Siding
About This Home
This updated two-family home is an excellent income-producing property, fully occupied and generating $1,903 per month. The upstairs 2-bed/1-bath unit has been completely renovated with fresh paint, new flooring and carpeting, reglazed finishes, and a modernized bathroom. Section 8 tenant currently pays $1,078/month. The downstairs 2-bed/1-bath unit is also updated with new fixtures, added living room lighting, new carpeting, a freshly painted basement, and repainted porches. Current rent is $825/month.
With reliable tenants already in place, full occupancy, and Section 8 approval, this property offers consistent cash flow, low-maintenance updates, and strong long-term potential. No showings will be scheduled until an offer is accepted.
Listing Agent
Keller Williams Chervenic Rlty Brokerage Email: darryljolly@kw.com, 216-421-4367 License #2019006383 Listed on: 09/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,077
Year Built
- Built in 1929
Parking
- Driveway
Home Design
- Asphalt Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Additional Features
- 3,999 Sq Ft Lot
- Forced Air Heating System
Community Details
- L M Southern Subdivision
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 111-18-055
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/03/2025 10/03/25 | Pending | -- | -- | -- | |
| 09/26/2025 09/26/25 | For Sale | $125,000 | +66.7% | $41 / Sq Ft | |
| 05/16/2025 05/16/25 | Sold | $75,000 | -12.8% | $25 / Sq Ft | View Prior Sale |
| 04/30/2025 04/30/25 | Pending | -- | -- | -- | |
| 03/06/2025 03/06/25 | Price Changed | $86,000 | -4.4% | $29 / Sq Ft | |
| 01/22/2025 01/22/25 | For Sale | $90,000 | +12.5% | $30 / Sq Ft | |
| 03/04/2024 03/04/24 | Sold | $80,000 | -3.0% | $40 / Sq Ft | View Prior Sale |
| 01/15/2024 01/15/24 | Pending | -- | -- | -- | |
| 12/21/2023 12/21/23 | For Sale | $82,500 | -- | $41 / Sq Ft |
Source: MLS Now
MLS Number: 5160128
APN: 111-18-055
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