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$250,000
5239734 MLS
Five-door brick multifamily on Cleveland's east side at just $50,000 a unit. Four of the five are occupied and paying $3,675 a month, $44,100 annualized, putting you at a 9.6% cap on day-one income at the $250,000 ask. The path to 14% is already mapped and it runs through one door. That fifth unit is vacant and waiting for the right operator. Set aside roughly $50,000 for a full unit turn plus exterior cleanup, a rear retaining wall, brickwork, a basement support beam, and general repairs, and you have a squared-away five-door with real income and a building that finally looks the part. On $117,500 of total equity, cash to close plus that capital budget, pro forma cash-on-cash comes in near 18%. The expensive systems are already handled. Newer gas furnaces and dual Rheem water heaters were confirmed on the walkthrough, so your capital goes to cosmetics and structure rather than mechanicals. Unit mix is a 3/1, three 2/1s, and a 1/1, family-sized layouts that hold rent far better than a building full of studios. Location works in your favor. The 44120 corridor sits inside CMHA's Housing Choice Voucher market area, where rental demand runs deep and payments land on time. Priced for the work it needs, which is precisely where the money is.

3362 E 145th Street, Cleveland

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

$185,000
3 Beds 1 Baths 5206517 MLS
Welcome home to this beautifully updated 3-bedroom, 1-bath in Cleveland’s 44128, where modern finishes and thoughtful upgrades come together to create a truly move-in-ready home. From the moment you walk in, you’ll notice the attention to detail throughout, including vinyl windows, new furnace, new hot water tank, fresh paint, updated flooring, sleek lighting fixtures, and a clean, modern design that gives the entire home a bright and elevated feel. The finished basement adds valuable extra living space—perfect for a second living area, home office, gym, or entertainment room. The kitchen has been completely refreshed with the features today’s buyers are looking for, including stainless steel appliances, updated countertops, stylish cabinetry, and modern tile work that gives the space a polished, upscale look. The bathroom has also been thoughtfully renovated with contemporary finishes, updated fixtures, and beautiful tile accents, creating a clean and relaxing space that feels both functional and inviting. Every update was designed to make this home feel comfortable, stylish, and easy to enjoy from day one. Located in Cleveland’s growing 44128 area, this home offers convenient access to local restaurants, shopping, parks, and major highways, while also benefiting from continued investment and development throughout nearby neighborhoods. With its blend of modern updates, extra finished space, and strong location, this home is a great opportunity for a buyer looking for quality, comfort, and long-term value. Schedule your showing now before its too late!

3896 Strandhill Road, Cleveland

Listing Courtesy of: Journey Toole, Journey@journeyhomegroup.net With Keller Williams Living

Selling Office: EXP Realty, LLC..

$72,000
3 Beds 2 Baths 5169190 MLS
Value Add Property! Bring this 3 bedroom, 1.5 bath Colonial back to its original glory with some TLC! Great Location! Minutes from Shaker Heights! Nice layout! Main level has space for living room area with lots of natural light/windows, dining room area with two corner curio cabinets built in, Kitchen, half bath and storage! Plus bonus room to back of the home that can be an additional 4th Bedroom! Second level offers 3 nice sized bedrooms, closet spaces and a Full bathroom! Nice sized basement offering extra recreational space and storage! One car attached garage, partially fenced in backyard, cement driveway! Updates done: Glassblock windows to basement, garage door, drywall to living room ceiling, newer hot water tank, flooring in living room and one of the bedrooms and some paint! Selling As is, not utilities will be turned on for any inspections/appraisal. Contact listing agent with questions or to see. No Seller financing, please don't ask! Close to parks, restaurants, shopping, hospitals, downtown, freeway access and more!

3957 Strandhill Road, Cleveland

Listing Courtesy of: Leilani M Bowersock, leilani7b@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Real of Ohio.

$134,900
3 Beds 2 Baths 5055056 MLS
A brick Colonial home exudes classic charm and timeless elegance with its traditional architectural elements. This particular Colonial, retaining many older features, offers a glimpse into the past while ensuring modern comfort and convenience. Upon entering, you’ll find freshly painted interior, new LVT flooring, intricate moldings, and original fireplaces that speak to the home's historical roots. The updated kitchen includes granite counter tops, ample storage, and stainless-steel appliances. The finished basement accented with a beautiful fireplace offers additional space for entertaining or a great recreation room for the family. A spacious back yard, 2 car garage, deck, and enclosed sunroom completes the perfect picture to your next home.

17807 Invermere Avenue, Cleveland

Listing Courtesy of: Artnetta D Vines, artnetta@vineshomes.com With RE/MAX Crossroads Properties

Selling Office: Realty Reimagined.

$115,000
3 Beds 2 Baths 5012597 MLS
Come and make it your home! Walk into this charming cape cod with an open floor plan and updated features in the kitchen, bathroom, and living areas contribute to a contemporary and inviting living space. Enjoy the natural light that display throughout the living room. The Kitchen has new granite countertops, cabinets, and flooring. Two bedrooms on the main floor and the third bedroom, along with the bonus room, on the second floor with carpet, accessed by the spiral staircase. Full remodeled bathrooms on first and second floor. Off the kitchen you will find a family room which leads to the back yard. The back yard provides a detach deck to relax or entertain. Schedule your appointment today to see for yourself.

17808 Invermere Avenue, Cleveland

Listing Courtesy of: Tracey Greene, tgreene3k@gmail.com With Mia Brown Realty

Selling Office: Divvy Brokerage LLC.

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