Average square foot calculated using Size range provided by listing agent.
Description
Looking to add high-performing, cash-flowing real estate to your portfolio in one of Ohio’s most dependable rental markets? This 21-property (23-unit) portfolio across Cuyahoga County is fully tenant-occupied and generating strong returns. With properties spread across 11 zip codes, you’ll gain exposure to a diverse mix of neighborhoods, rent ranges, and asset types—offering both stability and upside. Highlights: Consistent Cash Flow: All units are occupied and performing. Generating over $375, 000 gross income annually. Gross Monthly Rent = $31, 335. Gross Monthly Rent Per Unit = $1, 362. Average Price Per Property = $133, 333. Geographic Diversity: Spread across East and West Cleveland in 11 zip codes. Asset Mix: Combination of single-family and small multifamily homes—ideal for long-term appreciation and steady income. Tenant Type: 13 market-rate units and 10 subsidized (Section 8 & Eden). Upgraded Portfolio: Over $600K in cosmetic and mechanical improvements in the last two years—averaging $26K per unit. Professionally Managed: Minimal headaches, turnkey ready. Perfect for: Turnkey investors seeking immediate income from day one. Buyers wanting diversified exposure across Cleveland’s rental submarkets. Portfolio builders bundling performing properties in strong cash flow areas. Interested in a breakdown of rents, expenses, and cap rates? Let’s connect.Show Description
MLS® Number5134284
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1102
Exterior
GarageNo
Approx. Age1920
BasementFull
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CWindow Units
Heating Fuel
Extras
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