Attention All Investors...Turnkey Section 8 rental in Cleveland’s highly desirable West Park neighborhood — featuring a quality multi-year tenant who would love to remain! This affordable/well-maintained 4-bedroom bungalow offers the perfect blend of strong immediate cash flow, long-term appreciation, and steady rental demand in one of the city’s most sought-after west side locations. Home features a low-maintenance vinyl exterior, resurfaced driveway, and a fully fenced backyard for added appeal. Inside, you’ll find a bright, comfortable floor plan with a newer white kitchen, remodeled full bath with tile flooring, and a convenient first-floor laundry. The spacious rear rec room provides additional space for hobbies, storage, or family gatherings. This property is ideally located close to the airport, major highways, public transportation, and shopping, making it a perfect location for both tenants and future resale value. Whether you’re a first-time investor or looking to add another strong performer to your portfolio, this property checks all the boxes for a smart, stable investment. Easy to show and well cared for — don’t miss this opportunity to invest in West Park! NOTE: No wholesalers or owner financing. Limited showings available for serious, qualified buyers only.
Under contract
$113,500
18614 Homeway Rd, Cleveland, OH 44135
4beds
1,092sqft
Est.:
Single Family Residence
Built in 1950
5,479.85 Square Feet Lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Low-maintenance vinyl exteriorSpacious rear rec roomConvenient first-floor laundryFully fenced backyardResurfaced drivewayNewer white kitchen
- 73 days |
- 112 |
- 6 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 10:55am
Listing Provided by:
Christopher A Frederick 216-210-7653 thefrederickteam@gmail.com,
Coldwell Banker Schmidt Realty,
Michele L Frederick 440-567-8814,
Coldwell Banker Schmidt Realty
Source: MLS Now,MLS#: 5164695
Originating MLS: Lorain County Association Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
- Finished area above ground: 1,092
Property
Parking
- Parking features: No Garage, Paved
Features
- Levels: Two
- Stories: 2
- Fencing: Chain Link,Partial
Lot
- Size: 5,479.85 Square Feet
Details
- Parcel number: 02912024
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Van Deboe Hagar
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $100,400
- Annual tax amount: $2,350
- Date on market: 10/16/2025
- Cumulative days on market: 40 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Contingent | $113,500$104/sqft |
Source: | ||
| 10/16/2025 | Listed for sale | $113,500+13.5%$104/sqft |
Source: | ||
| 5/25/2023 | Sold | $100,000-9%$92/sqft |
Source: | ||
| 4/28/2023 | Pending sale | $109,900$101/sqft |
Source: | ||
| 4/24/2023 | Contingent | $109,900$101/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,350 +33.9% | $35,140 +51.9% |
| 2023 | $1,755 +0.6% | $23,140 |
| 2022 | $1,745 +1% | $23,140 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$663/mo
Principal & interest
$440
Property taxes
$183
Home insurance
$40
Climate risks
Neighborhood: Riverside
Nearby schools
GreatSchools rating
- 5/10Clara E Westropp SchoolGrades: PK-8Distance: 0.4 mi
- 4/10John Marshall School of Business and Civic LeadershipGrades: 9-12Distance: 2.4 mi
- 7/10Douglas MacarthurGrades: PK-8Distance: 0.5 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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