731 E 118th Street
Cleveland, OH 44108
- 4 beds
- 2 baths
- – sqft
- 4,199 sqft lot
- 1918 build
- – on site
HIGHEST AND BEST OFFERS DUE BY SATURDAY (2/22/2025) AT 6 PM. Who's ready for some instant cash flow?! Check out this turn-key rental currently bringing in $1,420/month from Section 8. This property is the perfect opportunity for someone looking to add another unit to their portfolio or for the first-time investor who's ready to jump in. With reliable rental income already in place, you can start earning from day one without the hassle of finding a tenant. Featuring a well-maintained interior, functional layout, and guaranteed income, this home is built for long-term investment success. Don’t miss out on this hassle-free income property—schedule your showing today!
Last checked:
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Last updated Feb 21, 2025
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MLS# 5100773 —
The Building
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Year Built:1918
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Year Built Source:PublicRecords
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Construction Materials:WoodSiding
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Architectural Style:Colonial
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Levels:ThreeOrMore
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Roof:Asphalt,Fiberglass
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Basement:Full,PartiallyFinished
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Basement:true
Interior
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Rooms Total:6
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Fireplace:false
Room Dimensions
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Living Area Units:SquareFeet
Location
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Directions:South onto Eddy Road from St. Clair Ave, west onto Gray Ave, south onto E 118th Street, property will be on the left.
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Latitude:41.53727
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Longitude:-81.60252
The Property
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Parcel Number:110-10-004
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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:0.0964
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Lot Size Area:0.0964
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (330) 605-5132
- Office phone:
- (330) 433-6005
Taxes
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Tax Year:2023
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Tax Legal Description:364 SPEEDWAYPK S/L 174 SP 0173 NP
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Tax Annual Amount:$719
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
The Listing
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Listing Terms:Cash,Conventional,Exchange1031,PrivateFinancingAvailable
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Home Warranty:false
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:None
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Cooling:false
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:Speedway Park
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Pool Private:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport:false
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Parking Features:Driveway,Detached,Garage
Monthly cost estimate
Asking price
$75,000
| 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. |
$401
|
| Taxes | $59 |
| Insurance | $20 |
| Utilities | N/A |
| Total | $480/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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/19/25
Feb 19, 2025
|
Listed / Active | MLS_NOW | $75,000 | 2900.0% (305.2% / YR) |
|
8/21/15
Aug 21, 2015
|
MLS_NOW | $2,500 |
