$156,000

13509 Edgewood Avenue, Cleveland, OH 44105

  • 4 beds |
  • 2 baths
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,008sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Located at **13509 Edgewood Avenue**, this tenant-occupied investment property offers immediate cash flow with a current rent of **$1,800 per month**, making it an attractive turnkey opportunity for investors looking to add performing assets in Cleveland. With strong rental demand and relatively affordable acquisition prices compared to many U.S. markets, Cleveland continues to be a target market for buy-and-hold investors seeking stable returns. This property benefits from being in a rental-heavy neighborhood where affordable housing and steady tenant demand support consistent occupancy. The broader Cleveland market continues to attract investors because of its **low entry prices, strong rent-to-price ratios, and diverse employment base** including healthcare, manufacturing, and logistics. Major employers such as Cleveland Clinic and other regional institutions help sustain housing demand throughout the metro area. With **tenants already in place and producing $1,800 per month**, this property provides the opportunity for **day-one income**, making it ideal for investors seeking a stable, cash-flowing rental in one of the Midwest’s most accessible investment markets.

Listing Status:
Active
Data Last Updated:
April 1, 2026 at 2:21PM
Listing Office:
Real Estate Quest, Inc. : 440-389-3883
Listing Agent:
Alex V Johnson : 440-724-5116
MLS ID:
5193857
  • Basement: Full
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: FireplaceFireplaces: 2
  • Disability Feature: None
  • Style: Colonial
  • Other Structures: Porch
  • Parking: DetachedGaragePaved
  • Roofing: AsphaltFiberglass
  • General: Vinyl Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 138-05-164
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Alex V Johnson , Real Estate Quest, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Charles Dickens School

13013 Corlett Ave, Cleveland, OH, 44105

Grades PK-8

0.37 miles away

C

Charles Dickens School

13013 Corlett Ave, Cleveland, OH, 44105

Grades PK-8

0.37 miles away

J

John Adams College and Career Academy

3817 Martin Luther King Jr Dr, Cleveland, OH, 44105

Grades 9-12

0.75 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.

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