537 E 118th St Cleveland, OH 44108
Forest Hills NeighborhoodEstimated payment $681/month
Highlights
- Colonial Architecture
- No HOA
- Wood Siding
- 1 Fireplace
- Forced Air Heating System
About This Home
Fully occupied Cleveland investment property generating instant cash flow. This spacious 4-bedroom, 1.5-bath home is currently rented to a reliable CMHA tenant at $1,259/month on a month-to-month lease. Strong rental income with low vacancy risk makes this a solid addition to any portfolio. Don’t miss this turnkey opportunity in a growing rental market.
Listing Agent
Keller Williams Greater Cleveland Northeast Brokerage Email: ryan.m.sackman@gmail.com, 704-900-9891 License #2020005628 Listed on: 09/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,004
Year Built
- Built in 1915
Lot Details
- 3,999 Sq Ft Lot
Parking
- Driveway
Home Design
- Colonial Architecture
- Block Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 3-Story Property
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Ambler Realty Companys Subdivision
Listing and Financial Details
- Assessor Parcel Number 111-05-080
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 | $979 | $14,630 | $3,185 | $11,445 |
| 2023 | $643 | $8,300 | $1,890 | $6,410 |
| 2022 | $2,516 | $8,300 | $1,890 | $6,410 |
| 2021 | $634 | $8,300 | $1,890 | $6,410 |
| 2020 | $600 | $6,790 | $1,540 | $5,250 |
| 2019 | $556 | $19,400 | $4,400 | $15,000 |
| 2018 | $732 | $6,790 | $1,540 | $5,250 |
| 2017 | $917 | $10,850 | $2,660 | $8,190 |
| 2016 | $910 | $10,850 | $2,660 | $8,190 |
| 2015 | $1,856 | $10,850 | $2,660 | $8,190 |
| 2014 | $1,856 | $12,040 | $2,940 | $9,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/27/2025 09/27/25 | For Sale | $115,000 | +35.3% | -- | |
| 02/08/2024 02/08/24 | Sold | $85,000 | 0.0% | $56 / Sq Ft | View Prior Sale |
| 12/09/2023 12/09/23 | Pending | -- | -- | -- | |
| 12/05/2023 12/05/23 | For Sale | $85,000 | -- | $56 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Genesis Land Title | |
| Special Warranty Deed | $85,000 | Visionland Title Agency Llc | |
| Sheriffs Deed | $14,000 | None Listed On Document | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $68,000 | New Conventional |
Source: MLS Now
MLS Number: 5160311
APN: 111-05-080
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