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$124,900

12200 Milligan Avenue
Cleveland, OH 44135
Listed by Journey Toole · Keller Williams Living
Bedrooms
3
Bathrooms
1
Living area
934 sqft
Year built
1926

About this home

Turnkey, fully occupied, and generating $1,325 per month in rental income, this single family in Cleveland's 44135 offers investors an easy opportunity to add a stabilized property to their portfolio. The property offers a total of 3 bedrooms and 1 bathroom and has been maintained with several important updates, including vinyl windows, updated cabinetry and bathroom finishes, select mechanical improvements, and additional updates throughout. With tenants already in place, the next owner can step into immediate income without having to complete a renovation or search for tenants. The 44135 area continues to be a strong west-side rental market, making this an attractive location for long-term ownership. Residents enjoy convenient access to West Park, local restaurants and shopping, Cleveland Hopkins International Airport, major highways, and surrounding west-side neighborhoods. The area continues to see residential investment and new development, while its combination of affordability and convenient location keeps it appealing to renters and homeowners alike. For investors looking for a straightforward buy-and-hold opportunity, this property checks a lot of boxes: existing tenants, immediate cash flow, useful capital improvements, and a location with long-term appreciation potential. With much of the work already completed and income already coming in, this fully occupied 44135 single family is positioned to continue performing for its next owner.

Property details

MLS #
5236772
Property type
SingleFamilyResidence
Subdivision
Proposed Drexel Park Allotment
Status
Active
Days on market
N/A
On market date
August 18, 2026
Stories
2
Garage spaces
1
Lot size
0.0876 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
West Park Academy
0.4 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
263
Student:teacher ratio
12.5:1
District
West Park Academy
Middle
Greenbriar Middle School
2.42 mi away · Grades 5-7
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
873
Student:teacher ratio
18.2:1
District
Parma City
High
Bard Early College Cleveland
0.79 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
405
Student:teacher ratio
14.5:1
District
Cleveland Municipal

Mortgage calculator

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Est. monthly payment
$902/mo
$24,980 down
$99,920 loan
Principal & interest$648
Property tax (est.)$104
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 2 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.