4477 E 143rd Street, Cleveland, OH 44128
Local realty services provided by:ERA Real Solutions Realty
Listed by: joseph clark
Office: vsd realty, llc.
MLS#:5185536
Source:OH_NORMLS
Price summary
- Price:$119,900
- Price per sq. ft.:$128.1
About this home
Turnkey Investment Opportunity – ~11% Cash-on-Cash Return
This well-maintained 3-bedroom, 1-bath single-family ranch offers strong cash flow from day one with minimal owner involvement. The home was refreshed just over a year ago prior to tenant placement and has been consistently maintained since.
The property is currently occupied by an EDEN-subsidized tenant generating $1,368 in monthly rent, providing reliable and predictable income. Monthly operating expenses total approximately $380, consisting of property management ($82), property taxes ($101), insurance ($60), vacancy reserve ($68), and maintenance reserve ($68). This results in a monthly net operating income of approximately $988, supporting an estimated ~11% cash-on-cash return at the current asking price.
The home features vinyl siding, newer windows, and a newer roof, helping keep capital expenditures low and long-term ownership simple. Centrally located in Cleveland with quick access to major highways, the property is approximately 20 minutes from downtown and close to shopping, dining, and everyday amenities—supporting long-term tenant demand and stability.
A true turnkey investment with documented cash flow, subsidized income, and attractive returns.
Some photos may be virtually staged....
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Home facts
- Year built:1956
- Listing ID #:5185536
- Added:60 day(s) ago
- Updated:April 08, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Unfinished
- Living area:936 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1956
- Building area:936 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:Colonial
- Construction Materials:Wood Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$119,900
- Price per sq. ft.:$128.1
- Tax amount:$1,241 (2025)
Parking
- Parking description:Driveway
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