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4477 East 143rd Street

Cleveland OH 44128

3
1
936 sq. ft.
0.15 ac.
Single-Family
Currently for sale - view listing

Overview

Turnkey Investment Opportunity – ~11% Cash-on-Cash Return This well-maintained 3-bedroom, 1-bath single-family ranch offers strong cash flow from day one with minimal owner involvement. The home was refreshed just over a year ago prior to tenant placement and has been consistently maintained since. The property is currently occupied by an EDEN-subsidized tenant generating $1,368 in monthly rent, providing reliable and predictable income. Monthly operating expenses total approximately $380, consisting of property management ($82), property taxes ($101), insurance ($60), vacancy reserve ($68), and maintenance reserve ($68). This results in a monthly net operating income of approximately $988, supporting an estimated ~11% cash-on-cash return at the current asking price. The home features vinyl siding, newer windows, and a newer roof, helping keep capital expenditures low and long-term ownership simple. Centrally located in Cleveland with quick access to major highways, the property is approximately 20 minutes from downtown and close to shopping, dining, and everyday amenities—supporting long-term tenant demand and stability. A true turnkey investment with documented cash flow, subsidized income, and attractive returns. Some photos may be virtually staged.

Features

3 bedrooms
1 bathroom
936 sq. ft. floor area
0.15 ac. lot size
Single-Family

Happy sellers in Cleveland

94%
94% of sellers in Cleveland reported that their sale price either exceeded or met their price expectations.

Cleveland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Cleveland over the last 12 months.

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

In the last 12 months, 215 three-bedroom single-family properties similar to 4477 East 143rd Street, have been sold.

This represents a 2% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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