$109,000
SOLD JUL 1, 2026

5462 Grasmere Ave Maple Heights, OH 44137

2 Beds
1 Bath
949 Sq Ft
4,164 Sq Ft Lot

Sale Details

Date Sold: July 1, 2026

$115 Per Sq Ft

1% Above List Price

40 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace

About This Home

As of July 2026

This cash-flowing investment property in Maple Heights offers a great opportunity for both new and seasoned investors. Featuring 2 bedrooms, 1 bathroom, and approximately 949 sq ft of living space, this home is currently tenant occupied with a Section 8 tenant paying $1,600 per month, providing immediate rental income from day one. The property includes a functional layout, spacious bedrooms, and a basement for additional storage. Conveniently located near Maple Heights High School, shopping, parks, and very close to i-480, this property is positioned in a strong rental market with consistent tenant demand. Whether you are looking to expand your portfolio or secure a stable income-producing property, this home offers solid cash flow potential and long-term upside.

Last Agent to Sell the Property

Rakesh Baniya

Cleveland Property Management Group, LLC. Brokerage Email: rbaniya@clevelandpropertymanagement.com, 440-901-7145 License #2019007609 Listed on: 05/22/2026

Last Buyer's Agent

Rakesh Baniya

Cleveland Property Management Group, LLC. Brokerage Email: rbaniya@clevelandpropertymanagement.com, 440-901-7145 License #2019007609 Listed on: 05/22/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1926

Lot Details

  • 4,164 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 949 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Maple Boro Park Allotment 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 781-18-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,290

Year Built

Built in 1926

Lot Details

4,164 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1926
  • Attribution Contact: rbaniya@clevelandpropertymanagement.com, 440-901-7145
  • Subdivision Name: Maple Boro Park Allotment 02
  • Above Grade Finished Sq Ft: 949.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Tax Year: 2025
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.0956
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Maple Heights CSD - 1818

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 781-18-088
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 2290.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2017
Sold by
Bought by

Purchase Details

Closed on
May 20, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2012
Sold by
Bought by

Purchase Details

Closed on
May 16, 2002
Sold by
Bought by

Purchase Details

Closed on
May 24, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 1982
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 1982
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 1978
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1975
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $60,170 Titleco Title Agency Ltd
Quit Claim Deed $4,000 None Available
Sheriffs Deed $18,243 None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed $58,400 --
Warranty Deed -- --
Deed $31,700 --
Deed -- --
Deed $29,500 --
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
Closed $27,000 New Conventional
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
07/01/2026 07/01/26 Sold $109,000 +0.9% $115 / Sq Ft
05/22/2026 05/22/26 For Sale $108,000 -- $114 / Sq Ft
Source: MLS Now

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 $2,291 $26,670 $5,845 $20,825
2024 $2,538 $26,670 $5,845 $20,825
2023 $1,980 $17,610 $4,200 $13,410
2022 $1,973 $17,605 $4,200 $13,405
2021 $2,102 $17,610 $4,200 $13,410
2020 $1,803 $13,340 $3,190 $10,150
2019 $1,793 $38,100 $9,100 $29,000
2018 $2,030 $13,340 $3,190 $10,150
2017 $1,987 $12,150 $4,100 $8,050
2016 $2,656 $12,150 $4,100 $8,050
2015 $4,179 $12,150 $4,100 $8,050
2014 $3,301 $13,340 $4,520 $8,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5212656

MLS Now

APN: 781-18-088

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