$135,000
About this home
Strong cash-flow opportunity in Garfield Heights! This 4-bedroom, 1-bath investment property offers a solid combination of existing rental income, desirable features, and upside potential. The home features aluminum siding, vinyl windows, central air, and a partially finished basement providing additional usable space. The property also includes a 2-car detached garage and is situated on a quiet residential street. Best of all, it is already occupied by a long-term CMHA tenant paying $1,600/month with the tenant responsible for all utilities, providing immediate rental income with minimal turnover risk. At a purchase price of $135,000, the property offers an attractive entry point for investors looking for strong cash flow. With top-end rents in the 44125 ZIP code reaching approximately $2,158/month, there is also potential rental upside for the future. Projected numbers show a cap rate exceeding 12% and nearly $700/month in cash flow, making this a compelling opportunity for both seasoned investors and those looking to add a strong-performing rental to their portfolio. Long-term tenant. Strong current rent. Utility responsibility to tenant. 2-car garage. Quiet street. Significant rental upside. This is the type of cash-flowing asset investors look for.
Property details
- MLS #
- 5236900
- Property type
- SingleFamilyResidence
- Subdivision
- Garfield Pkwy
- Status
- Active
- Days on market
- 1
- On market date
- August 14, 2026
- Stories
- 2
- Total bathrooms
- 1
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.1102 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
- 380
- Student:teacher ratio
- 20.0:1
- District
- Cleveland Municipal
- Enrollment
- 176
- Student:teacher ratio
- 17.6:1
- District
- Cuyahoga Heights Local
- Enrollment
- 137
- Student:teacher ratio
- 34.3:1
- District
- North Shore High School
Walkability
Blended score for Garfield 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).
Market position
How this listing compares to current activity in Garfield Heights, from live MLS data.
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 15, 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.