5550 Grasmere Avenue, Maple Heights, OH 44137
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: scott a marvin
Office: team results realty
MLS#:5190367
Source:OH_NORMLS
Price summary
- Price:$179,000
- Price per sq. ft.:$193.72
About this home
ATTENTION INVESTORS & OWNER-OCCUPANTS: HIGH-END CASH COW IN MAPLE HEIGHTS. This fully remodeled single-family home at 5550 Grasmere is a proven performer, last rented at $2,350/mo through EDEN (similar to Section 8) at 100% subsidy with no tenant portion. With the published 2026 FMR for this zip code at $2,508 and the current tenant scheduled to move out in July 30, a new owner can step in and place a fresh tenant at today’s higher rent right away. The home was remodeled with high-end finishes throughout: quartz kitchen with new cabinets, hardware, and stainless steel appliances, brand-new furnace and hot water tank, and a fully tiled bathroom with backlit vanity mirrors. Four large bedrooms (two down, two up) plus a huge, clean, dry basement deliver standout rent-per-square-foot in a strong-rent Maple Heights market, with room to add value by finishing the lower level with two additional bedrooms, buyer to verify). Turnkey, low-maintenance, and ready to cash flow from day one—with optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer....
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Home facts
- Year built:1925
- Subdivision & Development:Mapleboro Park Allotment 02
- Listing ID #:5190367
- Added:156 day(s) ago
- Updated:August 06, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:924 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas, Gravity
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:924 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Brick, Vinyl Siding
- Exterior Features:Deck, Patio, Porch
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$179,000
- Price per sq. ft.:$193.72
- Tax amount:$3,603 (2025)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:2
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