990 E 129th St Cleveland, OH 44108
Forest Hills NeighborhoodEstimated payment $610/month
Highlights
- No HOA
- Forced Air Heating System
- 1-Story Property
- Bungalow
About This Home
Fully renovated Cleveland investment property offering immediate cash flow, long-term tenant stability, and an estimated 11% cap rate. This tenant-occupied single-family rental is leased at $1,200/month, with the tenant responsible for gas, electric, water, sewer, and trash. Key capital improvements have already been completed, including a newer furnace and water heater, helping limit near-term maintenance concerns. With updated finishes, reliable rental income, and a lease already in place, this property is a strong fit for investors seeking a cash-flowing Cleveland rental, turnkey single-family investment, or portfolio addition in the 44108 market. Convenient access to major highways, shopping, schools, and local amenities supports long-term rental demand. Professional property management resources are available for remote investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and lease available upon request. Schedule your showing today.
Listing Agent
Home Equity Realty Group Brokerage Email: 803-992-1429; Garrett.Rowan@HEQRealty.com License #2017004453 Listed on: 05/22/2026
Co-Listing Agent
Home Equity Realty Group Brokerage Email: 803-992-1429; Garrett.Rowan@HEQRealty.com License #2025003866
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,404
Year Built
- Built in 1962
Parking
- Driveway
Home Design
- Bungalow
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
Additional Features
- 1-Story Property
- 5,663 Sq Ft Lot
- Unfinished Basement
Community Details
- No Home Owners Association
- Stewart Frisbie & Fords Subdivision
Listing and Financial Details
- Assessor Parcel Number 110-17-036
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,405 | $21,000 | $3,010 | $17,990 |
| 2024 | $1,404 | $21,000 | $3,010 | $17,990 |
| 2023 | $375 | $4,840 | $1,300 | $3,540 |
| 2022 | $373 | $4,830 | $1,295 | $3,535 |
| 2021 | $370 | $4,830 | $1,300 | $3,540 |
| 2020 | $350 | $3,960 | $1,050 | $2,910 |
| 2019 | $324 | $11,300 | $3,000 | $8,300 |
| 2018 | $323 | $3,960 | $1,050 | $2,910 |
| 2017 | $522 | $6,170 | $530 | $5,640 |
| 2016 | $518 | $6,170 | $530 | $5,640 |
| 2015 | $579 | $6,170 | $530 | $5,640 |
| 2014 | $579 | $6,870 | $600 | $6,270 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/24/2026 07/24/26 | Price Changed | $89,900 | -4.9% | -- | |
| 06/24/2026 06/24/26 | Price Changed | $94,500 | -9.9% | -- | |
| 06/04/2026 06/04/26 | Price Changed | $104,900 | -8.8% | -- | |
| 05/22/2026 05/22/26 | For Sale | $115,000 | +125.5% | -- | |
| 11/25/2025 11/25/25 | Sold | $51,000 | -38.6% | $59 / Sq Ft | View Prior Sale |
| 10/29/2025 10/29/25 | Pending | -- | -- | -- | |
| 10/07/2025 10/07/25 | For Sale | $83,000 | 0.0% | $96 / Sq Ft | |
| 09/25/2025 09/25/25 | Pending | -- | -- | -- | |
| 09/17/2025 09/17/25 | For Sale | $83,000 | +38.3% | $96 / Sq Ft | |
| 11/29/2023 11/29/23 | Sold | $60,000 | +1.7% | $69 / Sq Ft | View Prior Sale |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- | |
| 10/13/2023 10/13/23 | For Sale | $59,000 | +859.3% | $68 / Sq Ft | |
| 04/25/2013 04/25/13 | Sold | $6,150 | +7.9% | $7 / Sq Ft | View Prior Sale |
| 03/06/2013 03/06/13 | Pending | -- | -- | -- | |
| 02/22/2013 02/22/13 | For Sale | $5,700 | -- | $7 / Sq Ft |
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 | $72,900 | Dynasty Title | |
| Warranty Deed | $51,000 | Dynasty Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $60,000 | Ace Title | |
| Warranty Deed | $19,000 | Northern Title Agency | |
| Quit Claim Deed | -- | Attorney | |
| Special Warranty Deed | $6,150 | Servicelink | |
| Sheriffs Deed | $6,667 | None Available | |
| Fiduciary Deed | $71,000 | Mountaineer Title Agency | |
| Deed | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $48,000 | Credit Line Revolving | |
| Previous Owner | $60,350 | Purchase Money Mortgage |
Source: MLS Now
MLS Number: 5212178
APN: 110-17-036
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Ask me questions while you tour the home.