Gold mine. Turnkey cash cow. Currently rented at $1,544/mo through CMHA Section 8. Government-backed cash flow from day one. Stable and happy tenant since Sept. 2024. Tenant is cooperative, very communicative, employed, and low-maintenance. Rent increase request eligible around July 2025, giving additional upside potential. Tenant has stated they wish to stay in the house. Strong lease is transferrable and very owner-protective. Turns month-to-month on 9/18/25, giving buyer complete flexibility should they wish to non-renew.
Remodeled and updated: Select new double-pane vinyl windows, new appliances (convey), updated bathroom, new plumbing, partial electrical upgrades, new light fixtures, maintenance-free wood floors, newer LVP flooring, newer paint throughout, cleared fenced yard. Foundation perimeter scraped and resealed inside and out. Passed lead-based paint testing.
Situated on a quiet stree with a mix of owner-occupants and well-managed investor properties. Low CapEx, government-backed guaranteed income, fully stabilized, immediate cashflow, upside built in, responsible tenant.
PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Sold for $120,000 on 07/30/25
$120,000
1124 E 114th St, Cleveland, OH 44108
3beds
1,146sqft
Single Family Residence
Built in 1910
3,676.46 Square Feet Lot
$120,000 Zestimate®
$105/sqft
$1,378 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 08:39am
Listing Provided by:
Scott A Marvin 614-382-2124scottamarvin@gmail.com,
Team Results Realty
Bought with:
Anna Lee Rindskopf, 2018006061
RE/MAX Crossroads Properties
Source: MLS Now,MLS#: 5131930
Originating MLS: Other/Unspecificed

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Windows: Double Pane Windows, Insulated Windows
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 1,146
- Total interior livable area: 1,146 sqft
- Finished area above ground: 1,146
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,676 sqft
Details
- Parcel number: 10922143
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cleveland
- Subdivision: Knight Richardson & Moores Al