$98,500

10001 Yale Avenue, Cleveland, OH 44108

4 beds |
1 bath |
2,309 sqft

Single-Family Home
Built in 1910
5,249sqft lot
2 car garage
$43/sqft
Listed 14 days ago

Property Description

Attention investors! This turnkey investment opportunity offers immediate cash flow with a quality tenant in place through July 2026, paying $1,200 per month (not Section 8) and wishing to remain. Whether you're entering the investment market for the first time or adding to your established portfolio, this affordable and maintained asset delivers cash flow from day one. This spacious property features 4 bedrooms, with the possibility of a 5th bedroom using the finished third floor—an excellent opportunity for future rent increases or expanded tenant appeal. The home is mechanically sound with thoughtful updates, including an updated electrical panel, plumbing improvements, and other key upgrades. A full basement adds additional storage or utility space, while the large floor plan provides flexibility and long-term tenant stability. Located in an investment-friendly zip code, this property is positioned for consistent performance and growth. The home is currently professionally managed, and management can remain in place for a seamless transition. Due to the tenant’s occupancy, showings will only be permitted after an acceptable offer has been received. Please—no wholesalers, no owner-financing requests, and inquiries from serious, qualified buyers only. Seller is an out-of-country investor liquidating their portfolio. A solid, income-producing property with upside potential—don’t miss this excellent opportunity!

Listing Status:: Active
Listing Office:: Coldwell Banker Schmidt Realty : 440-327-2123
Listing Agent:: Christopher A Frederick : 216-210-7653
MLS ID:: 5175766

Laundry: In Basement
Basement: FullUnfinished
A/C: None
Heating: Forced AirGas
Fireplace: Fireplaces: 0

Style: Colonial
Other Structures: Porch
Parking: DetachedGarage

Roofing: Asphalt
General: Wood Siding3

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 369 L&E S/L 23 EP 0022 WP108-21-023

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Christopher A Frederick, Coldwell Banker Schmidt Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Stonebrook-White Montessori School

975 East Blvd, Cleveland, OH, 44108

Grades PK-8

0.38 miles away

Stonebrook-White Montessori School

975 East Blvd, Cleveland, OH, 44108

Grades PK-8

0.38 miles away

Glenville High School

650 E 113th St, Cleveland, OH, 44108

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.