5046 Philip Avenue
1 photo

$135,000

5046 Philip Avenue
Maple Heights, OH 44137
Listed by Terrance Williams · RE/MAX Transitions
Bedrooms
4
Bathrooms
1
Living area
N/A
Year built
1952

About this home

This well-maintained Cape Cod bungalow offers 4 bedrooms, 1 full bath combining classic charm with thoughtful updates and excellent investment potential. The home features a functional floor plan with two bedrooms on the main level and two additional bedrooms upstairs. The finished basement adds even more versatile living space, ideal for entertaining, relaxing, or creating a recreation room. Major improvements include updated electrical, a newer furnace, hot water tank, and roof, along with glass block basement windows for added security and energy efficiency. Outside, the one-car attached garage offers convenience, while the expansive backyard provides plenty of room for outdoor entertaining, gardening, or future possibilities. Currently tenant-occupied, this income-producing property is an outstanding opportunity for investors seeking immediate rental income or buyers looking for a well-maintained home with long-term value. Conveniently located near schools, shopping, parks, and major highways, this Maple Heights property offers comfort, space, and strong investment potential. Purchase this home by itself or as a package with MLS # 5232838

Property details

MLS #
5232840
Property type
SingleFamilyResidence
Subdivision
Raim
Status
Active
Days on market
15
On market date
July 29, 2026
Stories
2
Garage spaces
1
Lot size
0.1249 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Ohio College Preparatory School
1.52 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
267
Student:teacher ratio
20.5:1
District
Ohio College Preparatory School
Middle
Milkovich Middle School
1.08 mi away · Grades 6-8
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
769
Student:teacher ratio
14.8:1
District
Maple Heights City
HighCharter
T2 Honors Academy
0.67 mi away · Grades 7-12
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
97
Student:teacher ratio
7.5:1
District
T2 Honors Academy

Mortgage calculator

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Est. monthly payment
$963/mo
$27,000 down
$108,000 loan
Principal & interest$700
Property tax (est.)$113
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 7 days 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.