3581 E 104th Street
Cleveland, OH 44105
- 2 beds
- 1 bath
- 1,412 sqft
- 3,062 sqft lot
- $56 per sqft
- 1910 build
- – on site
Attention investors! This fully occupied, Section 8 turn-key rental provides guaranteed rent, 100% covered by Section 8 and backed by the government with no tenant portion risk. The annual rent increase was submitted in November and is confirmed by CMHA to be in the final stages of approval, allowing the investor to benefit without delay ($1,100-$1,350 estimated rent expected, delivering a huge 1.4%–1.7% rent-to-price ratio). The property recently passed its CMHA annual recertification, requiring no further action from the buyer. Lead inspection passed with certified lab results. A true turnkey investment with stable, government-backed income and increasing cash flow potential. All you need to do is sit back and collect your cash flow!
Last checked:
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Last updated Feb 20, 2025
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MLS# 5100835 —
The Building
-
Year Built:1910
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding,VinylSiding
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Architectural Style:CapeCod
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Levels:OneAndOneHalf,Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:Unfinished
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Basement:true
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Above Grade Finished Area:1412.0
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Above Grade Finished Area Source:PublicRecords
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Below Grade Finished Area Source:Assessor
Interior
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Rooms Total:6
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Fireplace:false
Room Dimensions
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Living Area:1412.0
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Living Area Units:SquareFeet
Location
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Directions:Union to E. 104
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Latitude:41.461285
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Longitude:-81.612182
The Property
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Parcel Number:135-08-128
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Size Acres:0.0703
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Lot Size Area:0.0703
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Property Attached:true
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 789-6736
- Office phone:
- (440) 546-1313
Taxes
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Tax Year:2024
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Tax Legal Description:450 UNIONWDHL 0139 ALL
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Tax Annual Amount:$1,599
Beds
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/3581-E-104th-Street-Cleveland-OH-44105/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Union Woodhill
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Pool Private:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:NoGarage,Paved
Monthly cost estimate
Asking price
$80,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$428
|
| Taxes | $133 |
| Insurance | $22 |
| Utilities | $163 See report |
| Total | $746/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/18/25
Feb 18, 2025
|
Relisted | MLS_NOW | $80,000 | 33.3% |
|
4/5/24
Apr 5, 2024
|
MLS_NOW | $60,000 | ||
|
4/5/24
Apr 5, 2024
|
MLS_NOW | $60,000 | -14.2% |
31% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $6k above asking price on average, but some went as high as $25k over asking price.
