$105,000
About this home
Excellent Rental Property Purchase - this one of 3 is a 1,008 sq. ft. Bungalow featuring 3 bedrooms, 1 bathroom, basement, and a detached 2-car garage. Offered individually at $105,000 ONLY as part of a 3-property Investment Portfolio Package for $315,000 total. Full Portfolio Purchases only. All 3 Properties are Strictly Included a single sale - this equals 3 Single Family Rental Properties with tenants in place! One package asset is already CMHA subsidized, providing guaranteed income stability. This high-performance portfolio generates a $47,724.00 Gross Annual Rent, a 6.60x GRM, and a strong Net Operating Income (NOI) of $41,347.20. Features an efficient 13.36% Operating Expense Ratio (OER) with a verified net lease structure where tenants pay 100% of standard utility outlays. Sold strictly AS-IS with a 0% vacancy rate assumption. Capitalize on immediate, optimized cash flow!
Property details
- MLS
- NOWDD
- MLS #
- 5251348
- Property type
- SingleFamilyResidence
- Subdivision
- Dippel & Pitras Resub
- Status
- Active
- Days on market
- 1
- On market date
- October 6, 2026
- Stories
- 1
- Total bathrooms
- 1
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.084 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
- 116
- Student:teacher ratio
- 12.9:1
- District
- Constellation Schools: Eastside Arts Academy
- Enrollment
- 176
- Student:teacher ratio
- 17.6:1
- District
- Cuyahoga Heights Local
- Enrollment
- 225
- Student:teacher ratio
- 32.1:1
- District
- Regent High School
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).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 9 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.