643 E 261st St Euclid, OH 44132
Estimated payment $1,053/month
Highlights
- Cape Cod Architecture
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- No HOA
About This Home
Turnkey investment opportunity with immediate income in place! This solid 4-bedroom brick home is the perfect addition to your rental portfolio. Featuring a newer roof (6 years old) and brand-new HVAC installed in 2025, the major mechanical updates are already handled helping reduce near-term capital expenses and protect your bottom line. Currently tenant-occupied with a CMHA tenant paying $1,626 per month. Tenant has been in place since December 2024, is currently month-to-month, and would love to stay and will sign another lease. She has been a great tenant, making this a smooth, low-hassle transition for investors seeking stable income from day one. Four true bedrooms provide strong rental appeal and long-term demand. The durable brick exterior adds to the property’s low-maintenance profile. Whether you're expanding your portfolio or securing your first income-producing property, this is a cash-flowing opportunity you won’t want to miss. Will be POS compliant.
Listing Agent
McDowell Homes Real Estate Services Brokerage Email: Theresa@sellwithseese.com, 216-666-1411 License #2015005590 Listed on: 02/11/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,768
Year Built
- Built in 1951
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Fiberglass Roof
- Asphalt Roof
Interior Spaces
- 1,344 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- 7,919 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Frst Park 02 Subdivision
Listing and Financial Details
- Assessor Parcel Number 645-29-098
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 | $2,927 | $40,530 | $10,115 | $30,415 |
| 2023 | $2,200 | $24,580 | $7,670 | $16,910 |
| 2022 | $2,152 | $24,570 | $7,665 | $16,905 |
| 2021 | $2,396 | $24,570 | $7,670 | $16,910 |
| 2020 | $2,354 | $21,180 | $6,620 | $14,560 |
| 2019 | $2,046 | $60,500 | $18,900 | $41,600 |
| 2018 | $2,063 | $21,180 | $6,620 | $14,560 |
| 2017 | $1,996 | $17,020 | $5,500 | $11,520 |
| 2016 | $2,000 | $17,020 | $5,500 | $11,520 |
| 2015 | $1,827 | $17,020 | $5,500 | $11,520 |
| 2014 | $1,827 | $17,020 | $5,500 | $11,520 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $160,000 | +23.1% | $119 / Sq Ft | |
| 09/10/2024 09/10/24 | Sold | $130,000 | +8.8% | $97 / Sq Ft | View Prior Sale |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- | |
| 08/01/2024 08/01/24 | Price Changed | $119,500 | +1.3% | $89 / Sq Ft | |
| 07/31/2024 07/31/24 | For Sale | $118,000 | -- | $88 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | $130,000 | American Patriot Title | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Limited Warranty Deed | $18,800 | Attorney | |
| Sheriffs Deed | $40,000 | Attorney | |
| Warranty Deed | $113,000 | Great Lakes Title Agency Inc | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $70,000 | Prospect Title Agency Inc | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $96,050 | Purchase Money Mortgage | |
| Previous Owner | $75,000 | Credit Line Revolving |
Source: MLS Now
MLS Number: 5186532
APN: 645-29-098
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Ask me questions while you tour the home.