Vision Sales Team

3568 E 118th Street

Cleveland , OH 44105

MLS#: 5187749

$99,000

Status: Active
Listing number: 5187749
Listing provided by: Berkshire Hathaway HomeServices Stouffer Realty
Listing agent phone: None
Last update: 5 days ago
On site: 9 days ago
Browse Properties
Union Rice - Residential Income

Property

Beds

4

Full Baths

2

1/2 Baths

None

Year Built

1920

Sq.Footage

2,200

Investor-friendly buy & hold opportunity at 3568 E 118th St, Cleveland, OH 44105. This 4-bedroom, 2-bath, 2,200 SQFT duplex is tenant-occupied (month-to-month) and offers light rehab potential with an estimated $12–18K needed post-vacancy. Built in 1920, the property features separate furnaces (no central AC), 2 newer water heaters, and no major plumbing or electrical issues reported. With an ARV of $135,000, providing ~$35000 in built-in equity. Current rent is $650/month downstairs, with market rent projected at $1,150–$1,250/month, offering an estimated cash flow of $300–$400/month/ unit and a 15–20% cash-on-cash return. Light cosmetic updates and turnover work will position this property for long-term rental success in the 44105 market.

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Ceiling Fan(s), Eat-in Kitchen

  • Total Bedrooms

    4

  • Bathrooms

    2

  • Above Grade Finished Area

    2200.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Frame

  • Other Exterior Features

    Balcony

  • Parking

    Detached, Garage Faces Front, Garage, Off Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    City Lot, Level

  • Lot Size(acres)

    0.1148

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $99,000

  • Tax Amount

    $1,636

  • Sq. Footage

    2, 200

  • Price/SqFt

    $45

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Daniel S Reid , Berkshire Hathaway HomeServices Stouffer Realty

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Tyson Hartzler

Call Tyson today to schedule a private showing.

(330) 786-5493

Tyson@visionsalesteam.com


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Investor-friendly buy & hold opportunity at 3568 E 118th St, Cleveland, OH 44105. This 4-bedroom, 2-bath, 2,200 SQFT duplex is tenant-occupied (month-to-month) and offers light rehab potential with an estimated $12–18K needed post-vacancy. Built in 1920, the property features separate furnaces (no central AC), 2 newer water heaters, and no major plumbing or electrical issues reported. With an ARV of $135,000, providing ~$35000 in built-in equity. Current rent is $650/month downstairs, with market rent projected at $1,150–$1,250/month, offering an estimated cash flow of $300–$400/month/ unit and a 15–20% cash-on-cash return. Light cosmetic updates and turnover work will position this property for long-term rental success in the 44105 market.

3568 E 118th Street

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