TURNKEY 11%+ CAP RATE. Lease agreement recently renewed at $1,100/mo. Tenant pays ALL utilities! Incredible opportunity to acquire a fully stabilized, income-producing asset generating $1,100/month. Located at 3003 Nursery Ave, this beautifully updated 3-bedroom, 1-bathroom home offers 1,052 sq. ft. of living space on a generous 4,356 sq. ft. lot. This property offers true peace of mind for an investor, as all major CapEx items have been completely addressed. Recent capital improvements include a part of the roof is brand-new, an entirely new plumbing system, a brand-new heating system, a new hot water tank, a newly constructed garage, and fresh flooring throughout. The bathroom has been updated with new fixtures and toilets. Furthermore, the property features comprehensive exterior basement waterproofing—a massive value-add ensuring long-term structural integrity and low maintenance. With all the heavy lifting already completed and a solid tenant in place, this is a day-one performing asset perfect for both local and out-of-state portfolios.
Active
Price cut: $10K (9/28)
$69,500
3003 Nursery Ave, Cleveland, OH 44127
3beds
1,052sqft
Single Family Residence
Built in 1900
4,356 Square Feet Lot
$-- Zestimate®
$66/sqft
$-- HOA
What's special
Brand-new heating systemNewly constructed garageFresh flooring throughoutEntirely new plumbing systemNew hot water tankComprehensive exterior basement waterproofing
- 83 days
- 190
- 15
Zillow last checked:
Listing updated:
Listed by:
Anita Vargas 216-533-6242 vargas.anita258@gmail.com,
RE/MAX Above & Beyond
Source: MLS Now,MLS#: 5237655
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Microwave, Range, Refrigerator
Features
- Ceiling Fan(s)
- Basement: Concrete
- Number of fireplaces: 1
Interior area
- Total structure area: 1,052
- Total interior livable area: 1,052 sqft
- Finished area above ground: 1,052
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Gated, On Site
- Garage spaces: 1
- Carport spaces: 3
- Covered spaces: 4
Features
- Levels: One and One Half,Two
- Stories: 2
- Patio & porch: Front Porch
- Fencing: Fenced,Front Yard
Lot
- Size: 4,356 Square Feet
- Dimensions: 33 x 132
- Features: Front Yard, Many Trees
Details
- Parcel number: 12320030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Asphalt, Brick, Concrete, Vinyl Siding
- Roof: Asphalt
Condition
- Updated/Remodeled
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $25,600
- Annual tax amount: $599
- Date on market: 8/18/2026
- Cumulative days on market: 78 days
- Listing terms: Cash,Conventional,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $69,500-12.6%$66/sqft |
Source: | ||
| 9/9/2026 | Listed for sale | $79,500$76/sqft |
Source: | ||
| 9/3/2026 | Pending sale | $79,500$76/sqft |
Source: | ||
| 8/18/2026 | Listed for sale | $79,500+133.8%$76/sqft |
Source: | ||
| 4/20/2025 | Listing removed | $1,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/3/2025 | Listed for rent | $1,000-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/8/2024 | Listing removed | $1,050$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/24/2024 | Listed for rent | $1,050$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2023 | Sold | $34,000-2.6%$32/sqft |
Source: | ||
| 7/30/2023 | Pending sale | $34,900$33/sqft |
Source: | ||
| 6/27/2023 | Listed for sale | $34,900+481.7%$33/sqft |
Source: | ||
| 6/24/2016 | Sold | $6,000-32.6%$6/sqft |
Source: | ||
| 6/9/2016 | Pending sale | $8,900$8/sqft |
Source: ERA Lentz Associates, Inc. #3810906 Report a problem | ||
| 5/25/2016 | Listed for sale | $8,900+11.3%$8/sqft |
Source: ERA Lentz Associates, Inc. #3810906 Report a problem | ||
| 3/25/2016 | Sold | $8,000-63.6%$8/sqft |
Source: Public Record Report a problem | ||
| 6/21/1996 | Sold | $22,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $599 +0% | $8,960 |
| 2024 | $599 +32.8% | $8,960 +54.2% |
| 2023 | $451 +0.6% | $5,810 |
| 2022 | $449 +0.9% | $5,810 |
| 2021 | $444 -1% | $5,810 +14.4% |
| 2020 | $449 -45.9% | $5,080 |
| 2019 | $830 +100.3% | $5,080 |
| 2018 | $414 -48.5% | $5,080 -13.6% |
| 2017 | $805 +67.4% | $5,880 |
| 2016 | $481 | $5,880 |
| 2015 | $481 -0.4% | $5,880 |
| 2014 | $483 +1.8% | $5,880 |
| 2013 | $474 +3.1% | $5,880 |
| 2012 | $460 -24.1% | $5,880 -41.7% |
| 2011 | $606 +0.2% | $10,080 |
| 2010 | $605 +0.8% | $10,080 |
| 2009 | $600 -7.5% | $10,080 -12% |
| 2008 | $649 +3.3% | $11,450 |
| 2007 | $628 +0.1% | $11,450 |
| 2006 | $627 +10.2% | $11,450 +15.9% |
| 2005 | $569 +1.2% | $9,880 |
| 2004 | $563 +1.1% | $9,880 |
| 2003 | $557 +14.4% | $9,880 +13.3% |
| 2002 | $487 -42.8% | $8,720 |
| 2001 | $852 +4.5% | $8,720 |
| 2000 | $815 | $8,720 |
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.Climate risks
Neighborhood: North Broadway
Nearby schools
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




