4218 Stilmore Rd Cleveland, OH 44121
Estimated payment $1,393/month
Highlights
- Cape Cod Architecture
- No HOA
- Forced Air Heating and Cooling System
- 1 Fireplace
- 2 Car Detached Garage
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
Russell Real Estate Services Brokerage Email: jessek.cst@gmail.com, 440-212-5656 License #2010001088 Listed on: 07/03/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,832
Year Built
- Built in 1949
Parking
- 2 Car Detached Garage
Home Design
- Cape Cod Architecture
- Bungalow
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- 5,480 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Heister Realty Companys Belvo Subdivision
Listing and Financial Details
- Assessor Parcel Number 704-18-011
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,832 | $42,175 | $9,870 | $32,305 |
| 2024 | $3,306 | $42,175 | $9,870 | $32,305 |
| 2023 | $3,124 | $32,310 | $7,180 | $25,130 |
| 2022 | $3,107 | $32,305 | $7,175 | $25,130 |
| 2021 | $3,084 | $32,310 | $7,180 | $25,130 |
| 2020 | $2,890 | $26,290 | $5,850 | $20,440 |
| 2019 | $2,644 | $75,100 | $16,700 | $58,400 |
| 2018 | $2,632 | $26,290 | $5,850 | $20,440 |
| 2017 | $2,846 | $26,290 | $4,760 | $21,530 |
| 2016 | $2,829 | $26,290 | $4,760 | $21,530 |
| 2015 | $2,875 | $26,290 | $4,760 | $21,530 |
| 2014 | $2,875 | $27,660 | $5,010 | $22,650 |
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 |
|---|---|---|---|---|
| 07/03/2026 07/03/26 | For Sale | $200,000 | -- | -- |
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 | $30,000 | Newman Title | |
| Deed | $52,000 | -- | |
| Deed | -- | -- |
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 | $150,000 | New Conventional |
Source: MLS Now
MLS Number: 5224616
APN: 704-18-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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