$160,000

643 E 261st Street, Euclid, OH 44132

  • 4 beds |
  • 1 bath |
  • 1,344 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon7,919sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $119/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Turnkey investment opportunity with immediate income in place! This solid 4-bedroom brick home is the perfect addition to your rental portfolio. Featuring a newer roof (6 years old) and brand-new HVAC installed in 2025, the major mechanical updates are already handled helping reduce near-term capital expenses and protect your bottom line. Currently tenant-occupied with a CMHA tenant paying $1,626 per month. Tenant has been in place since December 2024, is currently month-to-month, and would love to stay and will sign another lease. She has been a great tenant, making this a smooth, low-hassle transition for investors seeking stable income from day one. Four true bedrooms provide strong rental appeal and long-term demand. The durable brick exterior adds to the property’s low-maintenance profile. Whether you're expanding your portfolio or securing your first income-producing property, this is a cash-flowing opportunity you won’t want to miss. Will be POS compliant.

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 12:17PM
Listing Office:
McDowell Homes Real Estate Services : 440-205-2000
Listing Agent:
Theresa M Seese : 216-666-1411
MLS ID:
5186532
  • Basement: None
  • 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: Euclid CSD - 1813
  • County: Cuyahoga
  • Zoning: TR 20 FORESTPK#2 0070 ALL645-29-098
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Theresa M Seese , McDowell Homes Real Estate Services

Monthly Payment

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

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Location

Schools Nearby

E

Euclid Schools Early Learning Village

27000 Elinore Ave, Euclid, OH, 44132

Grades PK-KG

0.29 miles away

E

Euclid Middle School

22555 Tracy Ave, Euclid, OH, 44123

Grades 6-8

1.61 miles away

E

Euclid High School

711 E 222nd St, Euclid, OH, 44123

Grades 9-12

1.57 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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