5250 E 135th Street, Garfield Heights, OH 44125
Local realty services provided by:ERA Real Solutions Realty
Listed by: rich ganim
Office: real of ohio
MLS#:5234905
Source:OH_NORMLS
Price summary
- Price:$175,000
- Price per sq. ft.:$99.83
About this home
For an investor, the best opportunity may be the one that is already working. This turnkey Garfield Heights investment property comes with a tenant in place, a current lease through June 30, 2027, and rent of $1,750 per month, providing $21,000 in scheduled annual gross rent at the current rate. Instead of purchasing a vacant property and immediately searching for a tenant, you can step into an occupied investment with rental income already established. Behind the numbers is a substantial home offering 1,753 square feet of finished living space, three bedrooms, two full baths, central air, a basement, and a detached two-car garage. The kitchen includes a refrigerator, range, and dishwasher, while the basement provides valuable storage and utility space. The garage adds covered off-street parking and even more storage, features that contribute to the home's long-term rental appeal. The location adds another advantage, with convenient access to I-480 and I-77 for connections throughout Greater Cleveland, plus shopping, dining, everyday necessities, and Garfield Park Reservation nearby. There is no need to imagine what this property could be as a rental. It already is one. Run your numbers, review the lease, and take a closer look at a turnkey investment where the income story has already begun. Recent updates include basement waterproofing, a new sump pump added, new basement carpet & hot water heater last year - over $25k in updates....
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Home facts
- Year built:1956
- Listing ID #:5234905
- Added:53 day(s) ago
- Updated:October 02, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Finished, Full
- Living area:1,753 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1956
- Building area:1,753 sq. ft.
- Lot area:0.13 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
- Exterior Features:Porch
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$175,000
- Price per sq. ft.:$99.83
- Tax amount:$3,758 (2025)
Features and amenities
- Pool features:Community
Parking
- Parking description:Detached, Garage, Paved
- Garage:Yes
- Garage spaces:2
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