4477 E 143rd ST Cleveland, OH 44128
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 936 sqft
Price per Sqft $128
Subdivision Cranbrook 01
MLS Listing ID 5185536
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 936
Year Built 1956
Annual Tax Amount $1,241
Tax Year 2025
Lot Size 6,398 Sqft
Acres 0.1469
Property Sub-Type Single Family Residence
Stories Two
Story Two
Property Description
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.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 142-22-006
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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