$130,000

16301 Cloverside Avenue, Cleveland, OH 44128

4 beds |
2 baths |
1,248 sqft

Single-Family Home
Built in 1945
5,602sqft lot
2 car garage
$104/sqft
Listed 13 days ago

Property Description

Investor Opportunity – Turnkey Cash Flow Income-producing 4-bedroom brick bungalow with long-term CMHA tenant paying $1,450/month ($17,400 annually). Offered at $130,000 with approx. 10.8% cap rate based on current performance (before additional operating expenses). Owner pays water/sewer approx. $190/month. Annual taxes $1,130. Recent improvements include granite countertops, restored hardwood floors, whole-house surge protector, licensed electrician-installed bath fan ventilation, frost-free exterior faucet, new dishwasher (2025), new washer & dryer (2025), new kitchen faucet, and recently serviced HVAC. Stable income in place—add to your portfolio or start cash flowing on day one. Strong cash flow, low taxes, and solid updates make this a turnkey addition to any investment portfolio. ***SELLERS TO PAY TITLE CLOSING COSTS FOR BUYER WITH FULL PRICE OFFER *** NO SELLER FINANCING.

Listing Status:: Active
Data Last Updated:: March 17, 2026 at 4:20AM
Listing Office:: Berkshire Hathaway HomeServices Professional Realty : 216-970-1515
Listing Agent:: Nicole Raichart : 503-806-6517
MLS ID:: 5190302

Basement: Partially Finished
A/C: Central Air
Heating: Forced Air
Fireplace: Fireplaces: 0

Style: Cape Cod
Parking: DrivewayDetachedGarage

Roofing: AsphaltFiberglass
General: Brick2

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

Zoning: 72 LEEHSQ 0077 ALL141-09-069

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Nicole Raichart , Berkshire Hathaway HomeServices Professional Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Whitney M. Young PreK-8 School

17900 Harvard Ave, Cleveland, OH, 44128

Grades PK-8

0.70 miles away

Whitney M. Young PreK-8 School

17900 Harvard Ave, Cleveland, OH, 44128

Grades PK-8

0.70 miles away

John F. Kennedy High School

17100 Harvard Ave, Cleveland, OH, 44128

Grades 9-12

0.32 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.