16816 Talford Avenue, Cleveland, OH 44128
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: scott a marvin
Office: team results realty
MLS#:5220358
Source:OH_NORMLS
Price summary
- Price:$175,000
- Price per sq. ft.:$126.08
About this home
ATTENTION INVESTORS: TURNKEY SOUTHEAST CLEVELAND SECTION 8 CASH COW — $1,925/MO WITH UPSIDE. This strong performing SFH at 16816 Talford Ave is rented at $1,925/mo through CMHA Section 8 with 100% subsidy and no tenant portion, delivering guaranteed government-backed income in a southeast Cleveland pocket (near the Heights without the extra taxes) where median rents in 44128 run above many nearby zips and demand for single-family rentals is solid. Located on Talford Ave, a tree-lined street of well-kept colonials with long-term owners and recent retail-quality sales nearby, the home sits in one of the more attractive blocks of 44128, helping units lease quickly and stay full. Major CapEx has already been handled, including a complete brand-new sewer system from basement to street (about $20,000, fully permitted and approved by the City of Cleveland) plus a new electrical panel (old Federal Pacific panel removed), refinished hardwoods, updated bath, full interior repaint, refreshed bedrooms and basement, and a large rear patio on a high-visibility corner lot—plug-and-play for the next owner. A rent-increase request has already been submitted to CMHA. Cleveland’s Southeast Side Promise and other targeted initiatives are driving reinvestment into this area, adding support for long-term value and neighborhood stability around streets like Talford. Lead-based paint testing has been completed and passed (report available), and the property is part of a larger stabilized Section 8 portfolio, making it an ideal acquisition for both first-time and seasoned investors looking for clean numbers, low CapEx risk, and a straightforward high-cashflow hold. Do not disturb tenants; 48-hour notice is typically required for showings, often after accepted offer....
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Home facts
- Year built:1942
- Listing ID #:5220358
- Added:1 day(s) ago
- Updated:June 20, 2026 at 02:11 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:8
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Living area:1,388 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1942
- Building area:1,388 sq. ft.
- Lot area:0.13 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Deck
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$175,000
- Price per sq. ft.:$126.08
- Tax amount:$3,025 (2025)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:2
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