3568 E 118th Street, Cleveland, OH 44105

Local realty services provided by:ERA Real Solutions Realty
3568 E 118th Street,Cleveland, OH 44105
$99,000
  • 4 Beds
  • 2 Baths
  • 2,200 sq. ft.
  • Multi-family
  • Active
Listed by: daniel s reid
Office: berkshire hathaway homeservices stouffer realty
MLS#:5187749
Source:OH_NORMLS

Price summary

  • Price:$99,000
  • Price per sq. ft.:$45

About this home

Investor-friendly buy & hold opportunity at 3568 E 118th St, Cleveland, OH 44105. This 4-bedroom, 2-bath, 2,200 SQFT duplex is tenant-occupied (month-to-month) and offers light rehab potential with an estimated $12–18K needed post-vacancy. Built in 1920, the property features separate furnaces (no central AC), 2 newer water heaters, and no major plumbing or electrical issues reported. With an ARV of $135,000, providing ~$35000 in built-in equity. Current rent is $650/month downstairs, with market rent projected at $1,150–$1,250/month, offering an estimated cash flow of $300–$400/month/ unit and a 15–20% cash-on-cash return. Light cosmetic updates and turnover work will position this property for long-term rental success in the 44105 market.

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Home facts

  • Year built:1920
  • Listing ID #:5187749
  • Added:1 day(s) ago
  • Updated:February 21, 2026 at 03:39 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,200 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Slate
  • Year built:1920
  • Building area:2,200 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$99,000
  • Price per sq. ft.:$45
  • Tax amount:$1,636 (2024)
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