Priced at $200,000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3,200,000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33,685/month in scheduled rental income ($404,220 annually). Based on provided income and property taxes, the portfolio produces approximately $344,121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: • 16 Single-Family Rental Homes • $33,685/month rental income • $404,220 gross annual income • Approx. 10.75% cap rate based on provided rent roll • Stabilized tenant base • Renovated and income-producing assets • Strong Cleveland suburban rental markets • Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!
Active
$200,000
4241 Verona Rd, South Euclid, OH 44121
4beds
1,452sqft
Single Family Residence
Built in 1951
5,575 Square Feet Lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
Tenant-friendly amenitiesDesirable layoutsCentral airUpdated finishes
- 97 days
- 144
- 8
Zillow last checked:
Listing updated:
Listed by:
Jesse R Kracht 440-212-5656 jessek.cst@gmail.com,
Russell Real Estate Services
Source: MLS Now,MLS#: 5224515
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Gas
Cooling
- Window Unit(s)
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,452
- Total interior livable area: 1,452 sqft
- Finished area above ground: 1,452
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 5,575 Square Feet
Details
- Parcel number: 70418022
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Cape Cod
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Golf, Laundry Facilities, Medical Service, Shopping, Public Transportation
- Subdivision: Belvoir-Golf Allotment
HOA
- Has HOA: No
Location
- Region: South Euclid
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $127,100
- Annual tax amount: $3,888
- Date on market: 7/3/2026
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $200,000+66.7%$138/sqft |
Source:  MLS Now #5224515 Report a problem | ||
| 3/17/2026 | Listing removed | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/27/2025 | Price change | $2,400+4.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/22/2025 | Listed for rent | $2,300+187.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/2025 | Sold | $120,000+34.4%$83/sqft |
Source: Public Record Report a problem | ||
| 11/9/2019 | Listing removed | $800$1/sqft |
Source: Ikos Holdings, Inc. Report a problem | ||
| 11/6/2019 | Price change | $800-33.3%$1/sqft |
Source: Ikos Holdings, Inc. Report a problem | ||
| 8/5/2019 | Listed for rent | $1,200$1/sqft |
Source: Owner Report a problem | ||
| 5/31/2019 | Sold | $89,286+58%$61/sqft |
Source: Public Record Report a problem | ||
| 3/31/2011 | Sold | $56,500-4.2%$39/sqft |
Source: Public Record Report a problem | ||
| 3/8/2011 | Pending sale | $59,000$41/sqft |
Source: Lentz Associates, Inc. #3150780 Report a problem | ||
| 9/30/2010 | Price change | $59,000-9.1%$41/sqft |
Source: ERA Lentz Associates, Inc. #3150780 Report a problem | ||
| 7/10/2010 | Listed for sale | $64,900$45/sqft |
Source: Lentz Associates, Inc. #3150780 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,579 +10.8% | $44,490 |
| 2024 | $3,229 +53.2% | $44,490 +91.1% |
| 2023 | $2,108 +0.6% | $23,280 |
| 2022 | $2,096 +0.8% | $23,280 |
| 2021 | $2,080 +7.6% | $23,280 +23.2% |
| 2020 | $1,933 +10.1% | $18,900 |
| 2019 | $1,756 -12.6% | $18,900 |
| 2018 | $2,008 +4.2% | $18,900 +14.3% |
| 2017 | $1,927 +2.8% | $16,530 |
| 2016 | $1,874 | $16,530 |
| 2015 | $1,874 -3.8% | $16,530 -5% |
| 2014 | $1,947 +1.2% | $17,400 |
| 2013 | $1,925 +5.1% | $17,400 |
| 2012 | $1,831 -0.9% | $17,400 -12% |
| 2011 | $1,847 -58% | $19,780 -41.2% |
| 2010 | $4,394 -6.7% | $33,640 |
| 2009 | $4,707 +47.7% | $33,640 -12% |
| 2008 | $3,187 +13.9% | $38,230 |
| 2007 | $2,799 -0.1% | $38,230 |
| 2006 | $2,801 +47.8% | $38,230 +15% |
| 2005 | $1,895 +9.8% | $33,250 |
| 2004 | $1,726 +1.9% | $33,250 |
| 2003 | $1,694 +5.6% | $33,250 +10.2% |
| 2002 | $1,603 -56.6% | $30,170 |
| 2001 | $3,693 +6.9% | $30,170 |
| 2000 | $3,454 | $30,170 |
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: 44121
Nearby schools
Schools provided by the listing agent
- District: South Euclid-Lyndhurst - 1829
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $200,0004 bd2 ba1.5k sqft4198 Eastway Rd, South Euclid, OH 44121For Sale
MLS ID #5224618, Jesse R Kracht, Russell Real Estate Services. MLS Now - $200,0004 bd2 ba1.4k sqft1513 Westdale Rd, South Euclid, OH 44121For Sale
MLS ID #5224516, Jesse R Kracht, Russell Real Estate Services. MLS Now - $209,0004 bd2 ba1.4k sqft1707 Rushton Rd, South Euclid, OH 44121For Sale
MLS ID #5220134, Michael J McCandless, Keller Williams Greater Metropolitan. MLS Now - $219,9004 bd3 ba1.9k sqft4241 Ellison Rd, South Euclid, OH 44121For Sale
MLS ID #5222638, Patrina C Stone, Prettyman & Associates. MLS Now
