$72,300

3568 E 118th Street, Cleveland, OH 44105

4 beds |
2 baths |
2,200 sqft

Duplex
Built in 1920
5,001sqft lot
2 car garage
$33/sqft
Listed 1 month ago

Property Description

Investor-friendly buy & hold opportunity at 3568 E 118th St, Cleveland, OH 44105. This 4-bedroom, 2-bath, 2,200 SQFT duplex is tenant-occupied (month-to-month) and offers light rehab potential with an estimated $12–18K needed post-vacancy. Built in 1920, the property features separate furnaces (no central AC), 2 newer water heaters, and no major plumbing or electrical issues reported. With an ARV of $135,000, providing ~$35000 in built-in equity. Current rent is $650/month downstairs, with market rent projected at $1,150–$1,250/month, offering an estimated cash flow of $300–$400/month/ unit and a 15–20% cash-on-cash return. Light cosmetic updates and turnover work will position this property for long-term rental success in the 44105 market.

Listing Status:: Active
Data Last Updated:: April 2, 2026 at 1:17AM
Listing Office:: Berkshire Hathaway HomeServices Stouffer Realty : 440-526-6700
Listing Agent:: Daniel S Reid : 216-387-0757
MLS ID:: 5187749

General: Built-in FeaturesCeiling Fan(s)Eat-in Kitchen
Appliances: RangeRefrigerator
Laundry: Washer HookupIn Basement
Basement: FullUnfinished
A/C: Ceiling Fan(s)
Heating: Forced AirGas
Disability Feature: None

General: Balcony
Other Structures: Balcony
Pool: None
Parking: DetachedGarage Faces FrontGarageOff Street

Roofing: Slate
General: Frame3

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

Zoning: 452 UNIONR 0127 ALL137-01-061
Fencing: None

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Daniel S Reid , Berkshire Hathaway HomeServices Stouffer Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Nathan Hale PreK-8 School

3588 Martin Luther King Jr Dr, Cleveland, OH, 44105

Grades PK-8

0.37 miles away

Nathan Hale PreK-8 School

3588 Martin Luther King Jr Dr, Cleveland, OH, 44105

Grades PK-8

0.37 miles away

John Adams College and Career Academy

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

Grades 9-12

0.50 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.