7812 Elton Avenue, Cleveland, OH 44102
Local realty services provided by:ERA Real Solutions Realty
Listed by:ian grame
Office:key realty
MLS#:5139618
Source:OH_NORMLS
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Price summary
- Price:$143,000
About this home
***Open house Sunday, July 27, from 12-2pm***
Are you looking for your next investment property? This one checks all the boxes! Just down the street from the hottest part of Detroit Shoreway and Battery Park. Fully occupied with guaranteed govt income coming in every month. Both tenants are part of the Cleveland Housing Network Program, and the city pays 100% of each tenants' $1,270 rent each month (owner pays all utilities). Thats $2,540 of guaranteed income every month. PITI would be right around $1,000 per month so this would cashflow close to $1,500 per month (excluding utilities, cap ex, vacancy, PM)! Recently rehabbed with updates including new exterior paint job, new LVP flooring, new countertops and sinks, so nothing to do but collect your rent checks every month. There aren't many investments out there like this one.
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Home facts
- Year built:1890
- Listing ID #:5139618
- Added:76 day(s) ago
- Updated:October 01, 2025 at 11:39 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1890
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$143,000
- Tax amount:$1,843 (2024)
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