3947 W 22nd Street, Cleveland, OH 44109
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: scott a marvin
Office: team results realty
MLS#:5133461
Source:OH_NORMLS
Price summary
- Price:$139,000
- Price per sq. ft.:$106.03
About this home
ATTENTION INVESTORS: RARE OPPORTUNITY TO CONTROL THE BLOCK — This turnkey cash cow sits in the path of rapid wealth creation on Cleveland’s West Side. MetroHealth has committed over $1 billion to its campus and surrounding area — including housing, community services, and transit upgrades. This institutional anchor is fast-tracking area home values, outpacing the broader market, which itself rose 15% year-over-year. Own 3947 W 22nd alongside 3943 W 22nd — a rare chance to lock in both instant cashflow + long-term appreciation. Both are SFHs, both Section 8 occupied. "LEAD BASED PAINT TESTED & CERTIFIED!".
TURNKEY CASH COW: Strong appreciation plays aside, Section 8 investors will love this — currently rented at almost $1,400/mo with a 100% RENT SPLIT through CMHA Section 8. That means 100% of the rent is covered by the government with $0 tenant portion risk. Tenant is cooperative, happy, great to deal with. No waiting months to fill vacancies -- government-backed income from day one of ownership.
Extensive CapEx completed: Brand new full house siding, new roof (full replacement), updated basement, fresh paint and finishes, new bathroom vanity, upgraded plumbing.
Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer.
Contact an agent
Home facts
- Year built:1922
- Listing ID #:5133461
- Added:147 day(s) ago
- Updated:November 15, 2025 at 04:11 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,311 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1922
- Building area:1,311 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$139,000
- Price per sq. ft.:$106.03
- Tax amount:$2,027 (2024)
New listings near 3947 W 22nd Street
- New
$100,000Active4 beds 1 baths1,501 sq. ft.3406 E 125th Street, Cleveland, OH 44120
MLS# 5170335Listed by: FAIRFELLOW REALTY LLC - New
$99,000Active4 beds 2 baths1007 Nathaniel Road, Cleveland, OH 44110
MLS# 5172183Listed by: KELLER WILLIAMS LIVING - New
$144,500Active4 beds 1 baths1,898 sq. ft.10112 Columbia Avenue, Cleveland, OH 44108
MLS# 5172072Listed by: REAL OF OHIO - New
$87,000Active6 beds 3 baths3,902 sq. ft.1677 Cliffview Road, Cleveland, OH 44112
MLS# 5172194Listed by: KEY REALTY - New
$9,900Active5 beds 3 baths2,248 sq. ft.13425 Earlwood Road, Cleveland, OH 44110
MLS# 5172277Listed by: MCDOWELL HOMES REAL ESTATE SERVICES - New
$84,900Active3 beds 2 baths1,844 sq. ft.4453 E 154th Street, Cleveland, OH 44128
MLS# 5172333Listed by: E & D REALTY & INVESTMENT CO. - New
$110,000Active3 beds 1 baths11926 Browning Avenue, Cleveland, OH 44120
MLS# 5172323Listed by: REAL OF OHIO - New
$169,900Active3 beds 2 baths1,663 sq. ft.3613 Dawning Avenue, Cleveland, OH 44109
MLS# 5172231Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New
$65,000Active3 beds 2 baths1,855 sq. ft.3602 E 75th Street, Cleveland, OH 44105
MLS# 5171277Listed by: CHN REAL ESTATE SERVICES, LLC. - New
$75,000Active4 beds 2 baths2,671 sq. ft.3586 E 76th Street, Cleveland, OH 44105
MLS# 5171288Listed by: CHN REAL ESTATE SERVICES, LLC.