Pending

Listed by Scott Marvin from Team Results Realty

Source: MLS Now #5220372

18707 Shawnee Ave, Cleveland, OH, 44119

$139,000

3
2
2
1004 sq. ft.
0.11 ac.

SingleFam

30+ days on the market

What's around 18707 Shawnee Ave

About this property

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)

Looking for more information on 18707 Shawnee Ave?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$170,000
19771 Monterey Avenue
Euclid OH 44119
3
2
Single-Family
Listing courtesy of REMAX Haven Realty | Solon
For Sale
$139,900
19211 Mohican Avenue
Cleveland OH 44119
3
1
1
Single-Family
Listing courtesy of Keller Williams Greater Metrop
Under Contract
$199,500
18229 Neff Road
Cleveland OH 44119
3
2
2
Single-Family
Listing courtesy of Keller Williams Greater Metrop

Other properties for sale by Team Results Realty

For Sale
$219,000
35177 Greenwich Avenue
North Ridgeville OH 44039
2
2
1
Condo
Listing courtesy of Team Results Realty
For Sale
$837,000
10663 Clare Way
Plain City OH 43064
3
3
2
Single-Family
Listing courtesy of Team Results Realty
Pending
$354,900
2800 South Leavitt Road
Warren OH 44481
3
1
2
Single-Family
Listing courtesy of Team Results Realty

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent