Listed By
Agency Name: VSD Realty, LLC.
Agency Contact: 216-406-1772, victor@vsdrealty.com
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
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.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: None
Days on Market: 19
Fireplaces: 1
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.15 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,241 / year
Year Built: 1956
Feature Descriptions
Exterior: Wood Siding
Parcel#: 142-22-006
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 723.38 per month $584.99 Principal & Interest $103.42 Property Tax $34.97 Homeowner's InsuranceChange Payment Information
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4477 E 143rd Street | MLS# 5185536
This single family home located at 4477 E 143rd Street, Cleveland, OH 44128 is currently listed for sale with an asking price of $119,900. This property was built in 1956 and has 3 bedrooms and 1 full baths with 936 sq. ft. E 143rd Street is located in the Cranbrook 01 subdivision within the Cleveland Municipal - 1809 school district. Search Cranbrook 01 real estate on www.leahackerman.com today.