18707 Shawnee Avenue, Cleveland, OH 44119

Local realty services provided by:Better Homes and Gardens Real Estate Central
18707 Shawnee Avenue,Cleveland, OH 44119
$145,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,004 sq. ft.
  • Single family
  • Active
Listed by: scott a marvin
Office: team results realty
MLS#:5134354
Source:OH_NORMLS

Price summary

  • Price:$145,000
  • Price per sq. ft.:$144.42

About this home

ATTENTION INVESTORS: TURNKEY SECTION 8 CASH COW — $1,635/MO WITH MORE UPSIDE! — CLEVELAND TAXES, HIGH EUCLID RENTS, EXCELLENT DSCR This property is a major cashflow performer, currently generating $1,635/mo — $1,494 fully covered by CMHA Section 8, plus an additional $141/mo in garage rent paid directly by the tenant with an increase in sight! Already submitted. Government-backed income, 100% split (CMHA pays 100%), with no tenant portion risk. Property is fully stabilized with long-term happy tenant, and producing a massive DSCR even at today’s interest rates. Massive ratio! Located just blocks from Euclid, it benefits from higher Euclid-level rents while paying lower Cleveland taxes without Euclid POS — maximizing net yield. Property is on a clean, quiet, high-rental-demand street where rentals move quickly and stay full, near banks, restaurants, shops and grocery store. Walk to any of them. Rent it for the cashflow, or buy it as an owner. Many houses on this street are owner

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Home facts

  • Year built:1940
  • Listing ID #:5134354
  • Added:177 day(s) ago
  • Updated:December 19, 2025 at 03:13 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,004 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1940
  • Building area:1,004 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$145,000
  • Price per sq. ft.:$144.42
  • Tax amount:$1,896 (2024)
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