Unlock the potential of this 3-bedroom, 1-bath single-family home located in Cleveland's 44120 neighborhood. Whether you're looking for your next fix-and-flip or a long-term buy-and-hold investment, this property offers a great opportunity to add value through renovation. With solid bones and a functional layout, it's the perfect canvas for investors looking to capitalize on one of Cleveland's steadily improving rental markets. Housing Choice Voucher (Section 8) rents of up to approximately $1,762 per month for a qualifying 3-bedroom make this an attractive option for those seeking strong cash-flow potential after renovations. Positioned in an area that continues to benefit from ongoing reinvestment, this property is surrounded by neighborhoods that have seen increasing renovation activity and redevelopment. Its location provides convenient access to Shaker Square, Larchmere Boulevard, Cleveland Clinic, University Hospitals, University Circle, and Downtown Cleveland, along with nearby restaurants, coffee shops, parks, public transportation, and major highways. Continued investment in the surrounding area has helped drive buyer and tenant demand, making 44120 a market many investors continue to target. Whether you're expanding your rental portfolio or searching for your next value-add project, this property offers the opportunity to build equity while investing in a neighborhood with long-term upside. Renovate, lease, and benefit from strong rental demand, or reposition the property for resale in an area where updated homes continue to attract attention. Opportunities to purchase at an affordable price point with this level of potential don't come around often.
Details
MLS #
5230403
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1915
Days On Site
54
Listing Provided By
Keller Williams Living | Journey Toole
Features
Bed(s)
3
Bath(s)
1 Total
SQ Feet
1,120
Basement
Y
Story(s)
2
Acreage
0.11
Parking
Garage Yes / No
No
Parking Features
Driveway
Taxes
Tax Annual Amount
1237
Area Information
State
OH
County
Cuyahoga
City
Cleveland
Zip Code
44120
Community Name
H Pruchaska & F B Koncana's Un
Listing VS Median (in H Pruchaska & F B Koncana's Un)
Keller Williams Living – (440) 318-1620 – klrw839@kw.com
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