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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

    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.

    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#: 5131930MLS LogoOriginating 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
    Services availability