857 Quarry Drive, Cleveland Heights, OH 44121

Cleveland Heights
Local realty services provided by:ERA Real Solutions Realty
857 Quarry Drive,Cleveland Heights, OH 44121
$200,000
  • 2 Beds
  • 1 Baths
  • 960 sq. ft.
  • Single family
  • Active
Listed by: jesse r kracht
Office: russell real estate services
MLS#:5224513
Source:OH_NORMLS

Price summary

  • Price:$200,000
  • Price per sq. ft.:$208.33

About this home

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,...

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Home facts

  • Year built:1942
  • Listing ID #:5224513
  • Added:1 day(s) ago
  • Updated:July 04, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Basement:Yes
  • Living area:960 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1942
  • Building area:960 sq. ft.
  • Lot area:0.12 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$200,000
  • Price per sq. ft.:$208.33
  • Tax amount:$3,613 (2025)

Parking

  • Parking description:Detached, Driveway, Garage
  • Garage:Yes
  • Garage spaces:2
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