821 E 156th St Cleveland, OH 44110
South Collinwood NeighborhoodEstimated payment $702/month
Total Views
425
3
Beds
1
Bath
1,782
Sq Ft
$61
Price per Sq Ft
Highlights
- Colonial Architecture
- No HOA
- Forced Air Heating System
About This Home
RENOVATED CASH FLOWING RENTAL – $1,250/MO – 3 BED / 1 BATH – 1,782 SQ FT
Great opportunity for investors! 821 E. 156th St, Cleveland, OH 44110 is a spacious 3 bedroom, 1 bathroom single-family home with 1,782 sq ft and a tenant already in place paying $1,250/month in cash rent.
Tenant pays all utilities – including water and sewer – keeping landlord expenses low. The home has been renovated and well maintained, offering modern updates while retaining its charm.
At $109,000, this property offers:
• Immediate rental income – $15,000/year gross
• Zero utility costs for landlord
• Steady-paying tenant already in place
• Large 1,782 sq ft layout in a strong rental market
• Home is lead safe certified with city
Perfect for out-of-state investors wanting a hands-off property or local landlords looking for reliable returns.
POTENTIAL PACKAGE!!! seller selling 3 other cash flowing properties. 4 total. 3871 E.54th ST. Cleveland, 4302 Daisy Ave. Cleveland, 3545 Trent Ave. Cleveland
Act fast – renovated, cash-flowing properties with tenant-paid utilities don’t last long in Cleveland’s hot investment market.
Listing Agent
Keller Williams Citywide Brokerage Email: markcolucci@kw.com, 440-590-5219 License #2020004747 Listed on: 08/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,486
Year Built
- Built in 1900
Lot Details
- 5,401 Sq Ft Lot
Parking
- Driveway
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,782 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- C W Moses & E E Burtons Subdivision
Listing and Financial Details
- Assessor Parcel Number 115-24-054
Map
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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 | $1,486 | $22,225 | $3,850 | $18,375 |
| 2023 | $1,143 | $14,735 | $4,235 | $10,500 |
| 2022 | $1,136 | $14,740 | $4,240 | $10,500 |
| 2021 | $1,126 | $14,740 | $4,240 | $10,500 |
| 2020 | $1,141 | $12,920 | $3,710 | $9,210 |
| 2019 | $1,057 | $36,900 | $10,600 | $26,300 |
| 2018 | $1,054 | $12,920 | $3,710 | $9,210 |
| 2017 | $1,243 | $14,700 | $5,320 | $9,380 |
| 2016 | $1,233 | $14,700 | $5,320 | $9,380 |
| 2015 | $2,225 | $14,700 | $5,320 | $9,380 |
| 2014 | $2,225 | $16,910 | $6,130 | $10,780 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $109,000 | +49.3% | $61 / Sq Ft |
| 03/25/2024 03/25/24 | Sold | $73,000 | -23.2% | $41 / Sq Ft |
| 02/13/2024 02/13/24 | Pending | -- | -- | -- |
| 01/23/2024 01/23/24 | For Sale | $95,000 | 0.0% | $53 / Sq Ft |
| 01/16/2024 01/16/24 | Pending | -- | -- | -- |
| 01/12/2024 01/12/24 | For Sale | $95,000 | +111.1% | $53 / Sq Ft |
| 04/18/2022 04/18/22 | Sold | $45,000 | -18.2% | $25 / Sq Ft |
| 04/06/2022 04/06/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | Price Changed | $55,000 | -8.3% | $31 / Sq Ft |
| 03/19/2022 03/19/22 | For Sale | $60,000 | 0.0% | $34 / Sq Ft |
| 03/17/2022 03/17/22 | Pending | -- | -- | -- |
| 03/14/2022 03/14/22 | For Sale | $60,000 | -- | $34 / Sq Ft |
Source: MLS Now
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $73,000 | Ohio Real Title | |
| Warranty Deed | $45,000 | Cutler Jay L | |
| Quit Claim Deed | $61,600 | Public | |
| Quit Claim Deed | -- | None Available | |
| Limited Warranty Deed | $1,500 | Progressive Land Title Ag | |
| Sheriffs Deed | $8,000 | None Available | |
| Survivorship Deed | $65,000 | Progressive Land Title | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $7,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $58,400 | New Conventional | |
| Previous Owner | $48,750 | No Value Available |
Source: Public Records
Similar Homes in Cleveland, OH
Source: MLS Now
MLS Number: 5147865
APN: 115-24-054
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