18315 Marcella Road, Cleveland, OH 44119
Local realty services provided by:ERA Real Solutions Realty
18315 Marcella Road,Cleveland, OH 44119
$109,500
- 3 Beds
- 1 Baths
- 2,204 sq. ft.
- Single family
- Active
Listed by: adrian frederick, christopher a frederick
Office: coldwell banker schmidt realty
MLS#:5256275
Source:OH_NORMLS
Price summary
- Price:$109,500
- Price per sq. ft.:$49.68
About this home
NEW REDUCED PRICE! ATTENTION INVESTORS! TURNKEY, TENANT-OCCUPIED COLONIAL GENERATING $1,250 PER MONTH ($15,000 ANNUALLY) IN RENTAL INCOME! Fantastic opportunity to expand your investment portfolio with this spacious 3-bedroom, 1-full-bath Colonial offering immediate rental income from day one! Property features an established tenant already in place paying $1,250 per month (not Section 8), providing consistent income without the hassle of finding a new renter. This attractive investment offers a spacious, functional floor plan with comfortable living areas and classic Colonial charm, making it an appealing option for long-term rental ownership. The home features 3 generously sized bedrooms, a full bathroom, and a basement providing abundant additional storage and potential for added functionality. Investors will appreciate the combination of an existing income stream, practical layout, and manageable property features, making this an excellent addition to any investment portfolio. Located in an established residential area with rental demand, this property offers an appealing opportunity for investors seeking long-term income and potential appreciation. Whether you're purchasing your first rental property or expanding an established portfolio, this income-producing Colonial offers an opportunity to build long-term wealth through real estate! Don't miss your chance to acquire an affordable investment property with rental income already in place! IMPORTANT: Tenant occupied. Do not disturb tenant. No showings until an accepted offer. Serious, qualified buyers only. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase....
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Home facts
- Year built:1927
- Subdivision & Development:City/Cleveland 15
- Listing ID #:5256275
- Added:1 day(s) ago
- Updated:October 28, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Unfinished
- Living area:2,204 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1927
- Building area:2,204 sq. ft.
- Lot area:0.13 Acres
- Architectural Style:Colonial
- Construction Materials:Brick, Vinyl Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$109,500
- Price per sq. ft.:$49.68
- Tax amount:$2,435 (2025)
Parking
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:1
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