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$120,000

2955 E 115th Street
Cleveland, OH 44104
Listed by Ashley Schroth · Real Integrity
Bedrooms
3
Bathrooms
1.5
Living area
N/A
Year built
1925

About this home

Turnkey Investment Opportunity in Cleveland! This recently renovated 3-bedroom, 1.5-bath home is a great addition to any investment portfolio. The property has been updated with modern finishes and is currently tenant-occupied, offering immediate rental income. The tenant recently signed a new one-year lease at $1,400 per month, providing stable cash flow from day one. Conveniently located in Cleveland with easy access to shopping, schools, parks, and major highways. Please do not disturb the tenant. No showings will be scheduled without an accepted purchase offer. Inspections will be completed during the due diligence period. Whether you're looking to expand your rental portfolio or purchase a turnkey income-producing property, this is an opportunity you won't want to miss!

Property details

MLS #
5227642
Property type
SingleFamilyResidence
Subdivision
Marek
Status
Active
Days on market
12
On market date
July 13, 2026
Stories
2
Total bathrooms
1.5
Garage spaces
1
Parking spaces
N/A
Lot size
0.0506 acres
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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.

ElementaryCharter
Wings Academy 1
0.37 mi away · Grades 0-8
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
161
Student:teacher ratio
14.6:1
District
Wings Academy 1
Middle
Roxboro Middle School
1.32 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
581
Student:teacher ratio
11.9:1
District
Cleveland Heights-University Heights City
High
Cleveland School Of The Arts High School
1.64 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
406
Student:teacher ratio
14.0:1
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).

80
Walkable
out of 100
EPA National Walkability Index
13.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores11
Parks13
Schools15
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 12 days -- 36 fewer days than Cleveland's current average of 48 days.
For reference, the median list price across 1,625 active listings in Cleveland right now is $130,000.

Mortgage calculator

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

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Adjust tax / insurance estimates
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Est. monthly payment
$873/mo
$24,000 down
$96,000 loan
Principal & interest$623
Property tax (est.)$100
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 19, 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.