723 E 165th Street, Cleveland, OH 44110

Cleveland
Local realty services provided by:ERA Real Solutions Realty
723 E 165th Street,Cleveland, OH 44110
$120,000
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  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Activeundercontract
Listed by: crystal r williamson
Office: bhr & associates
MLS#:5226909
Source:OH_NORMLS

Price summary

  • Price:$120,000

About this home

**TURNKEY CASH-FLOW OPPORTUNITY – INVESTOR ALERT!** Don't miss this income-producing **5-bedroom, 2-bath Colonial** offered at **$120,000**. Currently generating **$1,500 per month** in rental income (**$18,000 annually**), this property offers immediate cash flow with the potential for long-term appreciation. Completely renovated in **2024**, this investment features significant capital improvements, including a **new roof, windows, flooring, furnace, hot water tank, updated plumbing, and electrical systems**—helping reduce future maintenance expenses and protect your investment. At this price point, investors have the opportunity to acquire a stabilized asset with strong income potential. Run your numbers to evaluate the property's **cap rate**, **cash-on-cash return**, and overall return on investment based on your financing strategy and operating expenses. The spacious five-bedroom floor plan appeals to a broad tenant pool and may offer **future rent growth** as market...

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Home facts

  • Year built:1900
  • Subdivision & Development:Gund
  • Listing ID #:5226909
  • Added:104 day(s) ago
  • Updated:October 28, 2026 at 08:22 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Basement:Yes
  • Basement Description:Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1900
  • Lot area:0.16 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$120,000
  • Tax amount:$1,225 (2025)

Parking

  • Parking description:Driveway
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