Back 18707 Shawnee Ave
Off Market

18707 Shawnee Ave

Cleveland OH 44119

3
2
2
1004 sq. ft.
0.11 ac.
Single-Family
Last sold for $141,000
Scott MarvinScott Marvin, last sold this property on 24 July 2026 after 393 days on market.

Overview

ATTENTION INVESTORS: TURNKEY SECTION 8 CASH COW IN LAKE CORRIDOR POCKET — $1,691/MO WITH NEAR-TERM UPSIDE. 18707 Shawnee Ave is a strong income producer in Cleveland’s 44119 lake corridor, now generating $1,691/mo ($1,550 CMHA Section 8 plus $141/mo garage rent), and the current tenant becomes eligible to submit for a CMHA rent-increase request around the first week of July, giving the next owner a near-term shot at higher approved rents without changing occupants. Near the Euclid line, it benefits from high Euclid-influenced rent levels while keeping typically lower Cleveland taxes, and sits on a quiet, well-kept residential street where nearby homes are actively rented and units tend to lease quickly and stay full. Additional upside exists if the dry basement is finished and additional rooms are added to the existing bath setup, which could support higher future rent potential (buyer to verify with CMHA and market data). Turnkey rehab work is done: restored hardwoods, new kitchen flooring, fresh paint, brand-new appliances including a new stove, new sink and hardware, cosmetic refresh, fully fenced backyard, and enclosed detached garage that adds appeal and income. Residents have quick access to I-90, Euclid Beach Park, and Euclid Creek Reservation for lakefront and green space, making this pocket attractive to long-term renters. Lead-based paint testing has been completed and passed (report available), and the property delivers strong DSCR as part of a larger stabilized Section 8 portfolio—ideal for investors seeking immediate cash flow with clear, near-term upside drivers already in motion. Do not disturb tenants; 48-hour notice is required prior to showings (after approved offer)

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1004 sq. ft. floor area
0.11 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Cleveland over the last 12 months, the estimated median property value of 18707 Shawnee Ave is $140k.

Median value
$140k
Estimated value range
$56k - $310k
Median days on market
32
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cleveland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 18707 Shawnee Ave

2026
Sold
$141,000
24 Jul 2026 by Scott Marvin, of Team Results Realty
2024
Sold
$86,700
04 Mar 2024 by Charles Murphy, of CTM Organization LLC
2021
Sold
$81,000
29 Sep 2021 by Robert Collett, of Plum Tree Realty, LLC.

Happy sellers in Cleveland

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We have insufficient information to provide an overview of customer satisfaction for Cleveland. Viewing the agent profiles, reviews and sales for Cleveland can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Cleveland

In the last 12 months, 80 three-bedroom single-family properties similar to 18707 Shawnee Ave, have been sold.

This represents a 15% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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