753 E 118th St Cleveland, OH 44108
Forest Hills NeighborhoodEstimated payment $784/month
Highlights
- City View
- Forced Air Heating System
- Wood Siding
- Park
- West Facing Home
About This Home
High-Cash-Flow Duplex with 7 Bedrooms Total – Freshly Rehabbed & Parkside Location! Don't miss this rare and uniquely spacious 2-family property offering a total of 7 bedrooms across both units – perfect for maximizing rental income! After a full renovation, this turnkey investment features brand-new kitchens, updated baths, fresh flooring, and modern paint throughout. The downstairs unit offers 3 bedrooms and 1 full bath, while the expansive upstairs unit boasts 4 bedrooms, 1 full bath, and a finished 3rd floor—ideal for larger families or premium rents. Located on a quiet dead-end street that leads directly to a park with recreational amenities, this property offers both strong cash flow and long-term appeal. Gross rent of $2,200/month makes this an exceptional opportunity to add a high-performing asset to your portfolio. Improvements include repaired roof and brand-new gutters, brand new furnaces and hot water tanks, fully updated electrical with new breakers and wiring. This is a great opportunity for the price! Please NO wholesaling, assignments or seller/creative financing.
Listing Agent
Howard Hanna Brokerage Email: davidsturgeon@howardhanna.com, 216-375-4486 License #2009000358 Listed on: 01/19/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $766
Year Built
- Built in 1918 | Remodeled
Lot Details
- 5,881 Sq Ft Lot
- West Facing Home
Parking
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
- Stone Siding
Interior Spaces
- 2,488 Sq Ft Home
- 3-Story Property
- City Views
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 110-10-010
Community Details
Overview
- Adams Realty Cos Speedway Park Subdivision
Recreation
- Park
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 |
|---|---|---|---|---|
| 2025 | $766 | $11,445 | $4,025 | $7,420 |
| 2024 | $766 | $11,445 | $4,025 | $7,420 |
| 2023 | $408 | $5,260 | $1,720 | $3,540 |
| 2022 | $405 | $5,250 | $1,715 | $3,535 |
| 2021 | $402 | $5,250 | $1,720 | $3,540 |
| 2020 | $999 | $6,690 | $1,400 | $5,290 |
| 2019 | $1,180 | $19,100 | $4,000 | $15,100 |
| 2018 | $640 | $6,690 | $1,400 | $5,290 |
| 2017 | $749 | $8,860 | $740 | $8,120 |
| 2016 | $743 | $8,860 | $740 | $8,120 |
| 2015 | $2,027 | $8,860 | $740 | $8,120 |
| 2014 | $2,027 | $9,840 | $810 | $9,030 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $135,000 | 0.0% | $54 / Sq Ft | |
| 04/15/2026 04/15/26 | Pending | -- | -- | -- | |
| 01/19/2026 01/19/26 | For Sale | $135,000 | +200.0% | $54 / Sq Ft | |
| 10/03/2024 10/03/24 | Sold | $45,000 | -9.8% | $18 / Sq Ft | View Prior Sale |
| 08/26/2024 08/26/24 | Pending | -- | -- | -- | |
| 08/20/2024 08/20/24 | For Sale | $49,900 | +232.7% | $20 / Sq Ft | |
| 07/17/2020 07/17/20 | Sold | $15,000 | -23.1% | $6 / Sq Ft | View Prior Sale |
| 06/11/2020 06/11/20 | Pending | -- | -- | -- | |
| 05/27/2020 05/27/20 | For Sale | $19,500 | 0.0% | $8 / Sq Ft | |
| 03/03/2020 03/03/20 | Pending | -- | -- | -- | |
| 01/30/2020 01/30/20 | For Sale | $19,500 | +550.0% | $8 / Sq Ft | |
| 03/29/2017 03/29/17 | Sold | $3,000 | 0.0% | $1 / Sq Ft | View Prior Sale |
| 03/08/2017 03/08/17 | For Sale | $3,000 | 0.0% | $1 / Sq Ft | |
| 02/02/2017 02/02/17 | Pending | -- | -- | -- | |
| 12/19/2016 12/19/16 | Price Changed | $3,000 | -62.5% | $1 / Sq Ft | |
| 11/13/2016 11/13/16 | Price Changed | $8,000 | -10.1% | $3 / Sq Ft | |
| 05/29/2016 05/29/16 | For Sale | $8,900 | -- | $4 / Sq Ft |
Source: MLS Now (Howard Hanna)
MLS Number: 5182432
APN: 110-10-010
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.
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.
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