$62,500
About this home
This is one of the cheapest ways to start or grow a rental portfolio in Cleveland. The 2-bedroom, 1-bath colonial in Union-Miles comes with a tenant who has lived here since 2017 and pays $665 a month. You collect rent from day one, with no vacancy, no make-ready work and no tenant search. The house has vinyl siding and vinyl windows throughout, so the outside and the windows shouldn’t need big spending soon. Inside there are 999 sq ft over two floors, a full basement for storage and utilities, forced-air heat and an enclosed front porch. Annual taxes are about $980. There’s room to raise the rent over time. HUD’s current Fair Market Rent for a 2-bedroom in ZIP 44105 is $1,070 a month, well above the current rent. The location keeps it easy to rent: about 8 minutes to I-77, 11 minutes to I-480, 12 minutes to Cleveland Clinic and University Circle, and 14 minutes to downtown. The Union Branch library and Luke Easter Park are both within about a mile. Low price, steady income, a long-term tenant and a solid exterior. There arent many opportunties to get a solid house for around 60k anymore, but this is one of them!
Property details
- MLS
- NOWDD
- MLS #
- 5255163
- Property type
- SingleFamilyResidence
- Subdivision
- Union-Woodhill Realty Cos
- Status
- Active
- Days on market
- N/A
- On market date
- October 24, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.0723 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 434
- Student:teacher ratio
- 15.0:1
- District
- Cleveland Municipal
- Enrollment
- 651
- Student:teacher ratio
- 13.9:1
- District
- Shaker Heights City
- Enrollment
- 486
- Student:teacher ratio
- 16.2:1
- District
- Cleveland Municipal
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 18 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.