Skip main navigation
Active
    • Price cut: $5K (9/8)
    $114,900

    1848 Stanwood Rd, East Cleveland, OH 44112

    4beds
    1,894sqft
    : 
    $950/mo
    Get pre-qualified
    Single Family Residence
    Built in 1899
    5,601 Square Feet Lot
    $-- Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Durable slate roof
    Presenting a cash-flowing investment opportunity—a 1,894 sq. ft. Colonial-era (1899) home with a long-term, month-to-month Section 8 tenant already in place. This 4-bedroom, 1.5-bath property generates 1,450/mo. in gross rent. CMHA(Section8) currently covers 1,190/mo. of that amount, with the tenant responsible for the remaining amount. While not fully subsidized, the majority of rent is guaranteed by the housing authority, reducing collection risk compared to traditional market-rate tenants. The asset features a durable slate roof, central A/C, replacement vinyl windows throughout most of the home, and a full unfinished basement for storage or future value-add. The property has undergone significant electrical, plumbing, bathroom, kitchen, HVAC, and interior/exterior repairs. The tenant wishes to remain, and is on a month-to-month lease, giving you flexibility. With a detached 2-car garage and solid bones.
    127 days
    165
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Walling 216-870-9204 realtorwalling@gmail.com,

    Red 1 Realty, LLC

    Source: MLS Now,MLS#: 5210226MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,894
      • Total interior livable area: 1,894 sqft
      • Finished area above ground: 1,894
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage, Off Street
      • Garage spaces: 2
      Features
      • Levels: Three Or More
      • Stories: 3
      • Fencing: Back Yard,Fenced
      Lot
      • Size: 5,601 Square Feet
      Details
      • Parcel number: 67309033
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Foundation: Block
      • Roof: Slate
      Condition
      • Year built: 1899

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Grasmere Allotment
      HOA
      • Has HOA: No
      Location
      • Region: East Cleveland

      Financial & listing details

      • Price per square foot: $61/sqft
      • Tax assessed value: $47,200
      • Annual tax amount: $1,130
      • Date on market: 5/26/2026
      • Cumulative days on market: 127 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/8/2026Price change$114,900-4.2%$61/sqft
        Source: MLS Now #5210226 Report a problem
        7/2/2026Price change$119,900-4%$63/sqft
        Source: MLS Now #5210226 Report a problem
        5/26/2026Listed for sale$124,900$66/sqft
        Source: MLS Now #5210226 Report a problem
        10/31/2025Listing removed$124,900$66/sqft
        Source: MLS Now #5144642 Report a problem
        10/3/2025Price change$124,900-3.9%$66/sqft
        Source: MLS Now #5144642 Report a problem
        9/5/2025Price change$130,000-7.1%$69/sqft
        Source: MLS Now #5144642 Report a problem
        8/11/2025Listed for sale$140,000+33.3%$74/sqft
        Source: MLS Now #5144642 Report a problem
        4/7/2025Sold$105,000$55/sqft
        Source: MLS Now #5090563 Report a problem
        4/7/2025Pending sale$105,000$55/sqft
        Source: MLS Now #5090563 Report a problem
        2/27/2025Contingent$105,000$55/sqft
        Source: MLS Now #5090563 Report a problem
        2/14/2025Price change$105,000-3.7%$55/sqft
        Source: MLS Now #5090563 Report a problem
        2/8/2025Listed for sale$109,000$58/sqft
        Source: MLS Now #5090563 Report a problem
        12/28/2024Pending sale$109,000$58/sqft
        Source: MLS Now #5090563 Report a problem
        12/17/2024Listed for sale$109,000+336%$58/sqft
        Source: MLS Now #5090563 Report a problem
        11/29/2024Sold$25,000-37.7%$13/sqft
        Source: MLS Now #5062858 Report a problem
        6/5/2024Sold$40,100-33.2%$21/sqft
        Source: Public Record Report a problem
        5/12/2023Listing removed--
        Source: MLS Now #4440746 Report a problem
        4/27/2023Pending sale$60,000$32/sqft
        Source: MLS Now #4440746 Report a problem
        3/31/2023Price change$60,000-7.7%$32/sqft
        Source: MLS Now #4440746 Report a problem
        2/27/2023Listed for sale$65,000+290.1%$34/sqft
        Source: MLS Now #4440746 Report a problem
        11/13/2019Sold$16,662+152.5%$9/sqft
        Source: Public Record Report a problem
        9/25/2019Pending sale$6,600$3/sqft
        Source: Keller Williams Grt Cleve SE #4132998 Report a problem
        9/11/2019Listed for sale$6,600-26.7%$3/sqft
        Source: Keller Williams Grt Cleve SE #4132998 Report a problem
        7/9/2019Sold$9,000$5/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,011 +0%$16,520
        2024$1,011 +104.1%$16,520 +182.4%
        2023$495 +0.3%$5,850
        2022$494 +0.9%$5,850
        2021$489 -30.4%$5,850 -24.4%
        2020$703 -4.9%$7,740
        2019$739 +352.3%$7,740
        2018$163 -72%$7,740 -43.9%
        2017$584 +0.8%$13,800
        2016$579 $13,800
        2015$579 -21.3%$13,800 -14.9%
        2014$737 +1.3%$16,210
        2013$727 +3%$16,210
        2012$705 -36%$16,210 -29.2%
        2011$1,102 +0.3%$22,890
        2010$1,098 +11.6%$22,890
        2009$984 -11.8%$22,890 -12%
        2008$1,116 +1.1%$26,010
        2007$1,103 -29.8%$26,010
        2006$1,571 +3.6%$26,010 +10.5%
        2005$1,517 +1.6%$23,530
        2004$1,494 +3.2%$23,530
        2003$1,448 +3.6%$23,530 +7.5%
        2002$1,398 -49%$21,880
        2001$2,742 $21,880
        2000$2,742 $21,880
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 44112

        Getting around

        64 / 100
        Somewhat Walkable
        57 / 100
        Good Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: East Cleveland CSD - 1812

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby zip codes

              Other East Cleveland Topics

                Search
                Updates
                Favorites
                Plan
                Inbox