SingleFamilyResidence at 5046 Philip Avenue, Maple Heights
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
Total bathrooms
1
Garage spaces
1
Parking spaces
N/A
Lot size
0.1249 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
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

Walkability

Blended score for Maple Heights'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).

68
Walkable
out of 100
EPA National Walkability Index
10.8 / 20 -- Above average walkable
Google Places amenity density
88 / 100
Restaurants & cafes11
Grocery stores5
Parks3
Schools7
Transit stops20
Pharmacies0

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 August 14, 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.