Investor Alert! Don't miss this turnkey investment opportunity at 685 E. 131st Street, Cleveland, OH 44108. This updated 3-bedroom, 1-bath home offers approximately 1,205 square feet of living space and is positioned in a strong rental market with consistent demand. What makes this opportunity stand out? The seller is willing to place a Section 8 tenant prior to closing, providing the potential for immediate cash flow and a streamlined path to rental income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a performing asset, this property checks all the boxes. Recent updates, strong rental potential, and the opportunity for guaranteed rental income make this a compelling addition to any investment strategy. Opportunities like this don't last longschedule your showing today and secure your next cash-flowing asset before it's gone!
Details
MLS #
5218528
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1918
Days On Site
69
Listing Provided By
Keller Williams Greater Metropolitan | Alexys Jones
Features
Bed(s)
3
Bath(s)
1 Total
SQ Feet
1,205
Garage
2
Basement
Y
Acreage
0.12
Parking
Garage Yes / No
Yes
Parking Features
Driveway, Detached, Garage, On Street
Taxes
Tax Annual Amount
1150
Area Information
State
OH
County
Cuyahoga
City
Cleveland
Zip Code
44108
Community Name
Penobscot Ave
Listing VS Median (in Penobscot Ave)
Price: $100,000
low | high
Med: $100,000
50% of Average
sqft: 1,205
low | high
Med: 1,205
50% of Average
$ / sqft: $83
low | high
Med: $83
50% of Average
On site: 69
low | high
Med: 69
100% of Average
Sourced by Back At You
Market Activity 44108
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $95,000
Max Sale Price: $95,000
Med Sale Price: $95,000
Date: Jun 2026
Sales: 9
Avg $ Per SqFt: $31.31
Min Sale Price: $46,050
Max Sale Price: $310,000
Med Sale Price: $82,550
Date: May 2026
Sales: 19
Avg $ Per SqFt: $73.2
Min Sale Price: $65,000
Max Sale Price: $350,000
Med Sale Price: $150,000
Date: Apr 2026
Sales: 19
Avg $ Per SqFt: $67.07
Min Sale Price: $27,000
Max Sale Price: $675,000
Med Sale Price: $104,900
Date: Mar 2026
Sales: 16
Avg $ Per SqFt: $47.79
Min Sale Price: $23,000
Max Sale Price: $565,000
Med Sale Price: $112,000
Date: Feb 2026
Sales: 15
Avg $ Per SqFt: $56.69
Min Sale Price: $40,000
Max Sale Price: $160,000
Med Sale Price: $107,500
Date: Jan 2026
Sales: 16
Avg $ Per SqFt: $55.3
Min Sale Price: $17,500
Max Sale Price: $210,000
Med Sale Price: $106,000
Date: Dec 2025
Sales: 14
Avg $ Per SqFt: $42.39
Min Sale Price: $23,000
Max Sale Price: $443,000
Med Sale Price: $85,385
Date: Nov 2025
Sales: 16
Avg $ Per SqFt: $51.67
Min Sale Price: $1,475
Max Sale Price: $144,000
Med Sale Price: $94,850
Date: Oct 2025
Sales: 23
Avg $ Per SqFt: $56.9
Min Sale Price: $825
Max Sale Price: $379,900
Med Sale Price: $88,000
Date: Sep 2025
Sales: 29
Avg $ Per SqFt: $60.98
Min Sale Price: $19,000
Max Sale Price: $1,216,500
Med Sale Price: $106,000
Date: Aug 2025
Sales: 8
Avg $ Per SqFt: $40.07
Min Sale Price: $25,000
Max Sale Price: $235,000
Med Sale Price: $73,000
Sourced by Back At You
Jul 2026
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$95,000
Max Sale Price:
$95,000
Med Sale Price:
$95,000
Jun 2026
Sales:
9
Avg $ Per SqFt:
$31.31
Min Sale Price:
$46,050
Max Sale Price:
$310,000
Med Sale Price:
$82,550
May 2026
Sales:
19
Avg $ Per SqFt:
$73.2
Min Sale Price:
$65,000
Max Sale Price:
$350,000
Med Sale Price:
$150,000
Apr 2026
Sales:
19
Avg $ Per SqFt:
$67.07
Min Sale Price:
$27,000
Max Sale Price:
$675,000
Med Sale Price:
$104,900
Mar 2026
Sales:
16
Avg $ Per SqFt:
$47.79
Min Sale Price:
$23,000
Max Sale Price:
$565,000
Med Sale Price:
$112,000
Feb 2026
Sales:
15
Avg $ Per SqFt:
$56.69
Min Sale Price:
$40,000
Max Sale Price:
$160,000
Med Sale Price:
$107,500
Jan 2026
Sales:
16
Avg $ Per SqFt:
$55.3
Min Sale Price:
$17,500
Max Sale Price:
$210,000
Med Sale Price:
$106,000
Dec 2025
Sales:
14
Avg $ Per SqFt:
$42.39
Min Sale Price:
$23,000
Max Sale Price:
$443,000
Med Sale Price:
$85,385
Nov 2025
Sales:
16
Avg $ Per SqFt:
$51.67
Min Sale Price:
$1,475
Max Sale Price:
$144,000
Med Sale Price:
$94,850
Oct 2025
Sales:
23
Avg $ Per SqFt:
$56.9
Min Sale Price:
$825
Max Sale Price:
$379,900
Med Sale Price:
$88,000
Sep 2025
Sales:
29
Avg $ Per SqFt:
$60.98
Min Sale Price:
$19,000
Max Sale Price:
$1,216,500
Med Sale Price:
$106,000
Aug 2025
Sales:
8
Avg $ Per SqFt:
$40.07
Min Sale Price:
$25,000
Max Sale Price:
$235,000
Med Sale Price:
$73,000
MLS Number: 5218528
Alexys Jones – (440) 694-5551 – alexysjones@kw.com
Keller Williams Greater Metropolitan – (216) 839-5500 – klrw297@kw.com
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The information is being provided by MLS Now Independence OH. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MLS Now Independence OH. All Rights Reserved.
MLS Number: 5218528
Alexys Jones – (440) 694-5551 – alexysjones@kw.com
Keller Williams Greater Metropolitan – (216) 839-5500 – klrw297@kw.com
© 2023 Dayton Area Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Dayton Area Board of Realtors and the Broker Reciprocity Program. Real estate listings held by brokerage firms other than Dayton Ohio MLS (DTON) - 48 - OH are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.