The property features a charming front porch with white railings and gray steps

The property features a kitchen with white cabinetry, stainless steel appliances, and a window above the sink

The kitchen features a stainless steel range and a double basin sink

Bathroom featuring a white bathtub with a shower, a vanity with a sink and faucet, a toilet, and a window

This property features a room with light-colored walls, carpeted flooring, and a chandelier

+45 more

Living room featuring neutral-toned carpet flooring, a white brick fireplace, built-in shelving, and white trim work

This room features hardwood flooring, light-colored walls, and a window with white trim

This room features lustrous hardwood flooring, three windows with white trim, and a ceiling fan with an integrated light fixture

The property features an upper level space with sloped ceilings, carpeted flooring, and windows providing natural light

This property features a covered porch with dark flooring and a rich wood ceiling

Bathroom featuring a vanity with a white sink, a mirror with a dark frame, a toilet, and a bathtub with tiled walls

The property features a concrete patio area and an expansive lawn with mature trees

This property features a brick exterior, a front entry with steps, and a single-car garage

The property features a brick and siding exterior with a prominent bay window

The property features a kitchen with white cabinetry, a tile backsplash, a stainless steel dishwasher, a gas cooktop, and tiled flooring

This kitchen features white cabinetry with black hardware, a stainless steel dishwasher, and a white subway tile backsplash

The kitchen features white cabinetry, a white subway tile backsplash, and a sink with a black faucet

The property features rich hardwood flooring, light gray walls, an arched entryway, and a decorative overhead light fixture

This property features hardwood floors, a fireplace with a stone surround and mantel, and a staircase with carpeted treads

The bathroom features a modern vanity with a white sink and brushed nickel faucet, a bathtub with decorative tile accents, and a window providing natural light

This room features light grey walls and brown carpet

This room features light grey walls and a dark grey carpet

Carpeted room featuring light gray paneled walls, a white door, and a white staircase with dark treads

The property features a concrete driveway leading to a detached two-car garage

The property features a traditional exterior with a prominent front entrance, a well-maintained lawn, and mature trees providing natural shading

Spacious living area featuring hardwood flooring, a ceiling fan, and large windows that provide natural light

The kitchen features white shaker style cabinetry, subway tile backsplash, and a stainless steel sink with a gooseneck faucet

This property features hardwood flooring throughout the main living areas

The kitchen features white cabinetry, stainless steel appliances, a white subway tile backsplash, and grey countertops

The bathroom features a white vanity with an integrated sink, a toilet, and a bathtub with a shower curtain

Spacious room featuring sloped ceilings, light gray walls, plush gray carpeting, and a window providing natural light

This room features neutral-toned walls, a ceiling fan with integrated lighting, and a window providing natural light

Bathroom featuring a bathtub with a shower, a vanity with a rectangular sink, and a toilet

Detached garage with light-colored siding, a dark roof, and a white garage door, complemented by a paved driveway

The property features an unfinished utility space with a laundry area, including a washer and dryer, a utility sink, and a window providing natural light

This property features an attractive brick facade with a prominent front entrance, framed by a classic portico

The property features a brick exterior, a second-story balcony, and a ground-level covered patio

The kitchen features white cabinetry, a stainless steel sink, a tiled backsplash, and light-toned countertops

The kitchen features white cabinetry, granite countertops, a stainless steel dishwasher, and a mosaic tile backsplash

This inviting space features hardwood floors, a fireplace with a white mantel and black surround, and a staircase with a dark metal railing

This room features carpeted flooring, two windows providing natural light, and a ceiling fan

Bathroom featuring a bathtub with tiled surround, a mosaic tile accent band, a window with white trim, and a pedestal style sink

This versatile space features a prominent exposed brick column, a window providing natural light, and recessed lighting

Finished room featuring patterned carpeting, a decorative fireplace with a dark brick mantel, and a built-in counter

Spacious living area featuring plank flooring, a decorative fireplace, and natural light from visible windows

This living area features rich wood-look flooring, a textured wall with an arched decorative alcove, and two windows providing natural light

This room features wood-look flooring and a decorative ceiling light fixture

The kitchen features white cabinetry, a dual basin sink, a tiled backsplash, and stainless steel appliances

This kitchen features white cabinetry, a double basin sink, and a tiled backsplash

This room features light-colored walls, grey patterned carpeting, two windows providing natural light, and a ceiling fan with lights

50 photos

$1,740,000

3589 Cedarbrook Road

Cleveland Heights, OH 44118

Listed by Tal Tamir · Russell Real Estate Services

Bedrooms

N/A

Bathrooms

N/A

Living area

N/A

Year built

1930

About this home

This is a portfolio built for the investor who understands that the best deals are bought, not found. Ten single-family homes across three of the strongest inner-ring east-side suburbs, priced as a package at $1,740,000 against an aggregate individual-unit comp value of $2.3M to $2.4M. That is roughly $560,000 of instant equity sitting on the closing table, plus the optionality to piece the portfolio off one house at a time as leases turn. Entry and location are the play. Cash flow is the bonus. The portfolio is 7 homes in Cleveland Heights, 1 in University Heights, and 2 in Richmond Heights, all 3BR/1.5BA or 4BR/1.5BA. Most have been renovated and are occupied by long-term tenants, with 8 of 10 on leases running through mid-2026 into 2027 and 2 on month-to-month. Current gross rent is $183,300 annually after recent increases, against market rent of $218,700. That is roughly 19% organic upside as leases roll, with zero vacancy today. Location is what makes this portfolio different from a scattered-site buy. Cleveland Heights gives you Cedar-Lee, Coventry, and a school district that trades to owner-occupants at full retail. University Heights sits on the John Carroll and Cedar Center corridor. Richmond Heights benefits from Town Square redevelopment and I-271 access. These are retail-grade zip codes, which is the entire reason the sell-off strategy works. You are not trying to wholesale out of rough areas. You are unwinding into a market that actively bids for your product. The numbers: $1,740,000 ask / $174,000 per door / 6.9% current cap / 7.8% proforma cap / $119,544 current NOI / $135,743 proforma NOI / 100% occupancy / $183,300 in-place gross rent / $218,700 market rent. Point of sale has been ordered. Inspections are scheduled over the next week. Please note: No Seller Financing available.

Property details

MLS #: 5201607
Property type: Apartment
Subdivision: N/A
Status: Active
Days on market: 41
On market date: N/A
Stories: 3
Garage spaces: N/A
Lot size: 0.12 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Canterbury Elementary School

0.63 mi away · Grades 0-5

Nearest school -- attendance-zone data not available here

3.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 323
Student:teacher ratio: 15.4:1
District: Cleveland Heights-University Heights City

Middle

Shaker Hts Middle School

1.88 mi away · Grades 7-8

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 725
Student:teacher ratio: 13.2:1
District: Shaker Heights City

High

Cleveland Heights High School

0.63 mi away · Grades 9-12

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 1,600
Student:teacher ratio: 15.0:1
District: Cleveland Heights-University Heights City

Mortgage calculator

Estimate only — actual rate and payment depend on your lender, credit, and loan program.

Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

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/mo

Est. monthly payment

$10,628/mo

$348,000 down

$1,392,000 loan

Principal & interest$9,028

Property tax (est.)$1,450

Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 1, 2026.

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.