Turnkey and ready for its next owner, this 5-bedroom, 2-bath investment property in Cleveland's 44120 offers the size, condition, and location investors are looking for. The home has been thoughtfully updated with modern cabinetry, refreshed interiors, updated flooring, and numerous improvements throughout, creating a clean, move-in-ready property that's ready to be leased immediately. With five bedrooms, this home stands out from the competition and appeals to larger households, helping support strong rental demand.
The property is currently vacant, giving the next owner the opportunity to place a tenant at today's market rent or utilize the Housing Choice Voucher (Section 8) program, where payments can reach up to approximately $2,157 per month for qualifying properties. The combination of a larger floor plan, turnkey condition, and immediate availability makes this an excellent opportunity for investors seeking strong cash flow without the delays and expense of a renovation.
Located in Cleveland's desirable 44120 corridor, this property is just minutes from Shaker Square, Larchmere, University Circle, Cleveland Clinic, University Hospitals, and numerous restaurants, parks, and shopping destinations. The surrounding area continues to benefit from ongoing redevelopment, neighborhood improvements, and new investment, helping support long-term appreciation while maintaining strong rental demand. Whether you're adding to an existing portfolio or purchasing your next income-producing property, this is a rare opportunity to own a move-in-ready asset in one of Cleveland's most established rental markets.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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