- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$114,900
Monthly Est:$572
4 Beds
1 Bath1 full bath
1,894sqft
1848 Stanwood Rd, East Cleveland, OH 44112
$114,900
$572/moEst:
Get Pre-Approved
Single Family Residence
Built in 1899
$-- HOA
0.13 acre lot
$61/sq.ft
Description
Presenting a cash-flowing investment opportunity—a 1,894 sq. ft. Colonial-era (1899) home with a long-term, month-to-month Section 8 tenant already in place. This 4-bedroom, 1.5-bath property generates 1,450/mo. in gross rent. CMHA(Section8) currently covers 1,190/mo. of that amount, with the tenant responsible for the remaining amount. While not fully subsidized, the majority of rent is guaranteed by the housing authority, reducing collection risk compared to traditional market-rate tenants. The asset features a durable slate roof, central A/C, replacement vinyl windows throughout most of the home, and a full unfinished basement for storage or future value-add. The property has undergone significant electrical, plumbing, bathroom, kitchen, HVAC, and interior/exterior repairs. The tenant wishes to remain, and is on a month-to-month lease, giving you flexibility. With a detached 2-car garage and solid bones.
- Houzeo last checked: 6 minutes ago
- Listing updated: September 8, 2026 at 10:24 pm
- Listing Provided by: Christopher Walling (216) 870-9204 DRE #2018001049 | Red 1 Realty, LLC (614) 585-9020
- Source: MLS Now-OH | MLS#: 5210226
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
3
County
City
Neighborhood
--
Year Built
1899
HOA Fees
-
Finished Area
1,894 sqft
Lot Size
0.13 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5210226
MLS Status
Active
Days on Market
157
Cumulative Days on Market
105
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathroom: 1
Interior
Heating
Forced Air
Cooling
None
Sewer
Public Sewer
Construction
Year Built
Year Built: 1899
Home type
Single Family Residence
Architectural Style
Colonial
Foundation Details
Block
Roof
Slate
Construction Materials
Aluminum Siding
Utilities & Energy
Parking Features
Driveway, Garage, Off Street
Water Source
Public
Basement
Unfinished
Other Features
Subdivision Name
Grasmere Allotment
Price History
| Date | Event | Price |
|---|---|---|
07/01/2026 Source: | Price Increased | $119,900 +4.35% $63/sqft |
05/26/2026 Source: | Price Decreased | $114,900 -8.01% $61/sqft |
05/26/2026 Source: | Listed for Sale | $124,900 $66/sqft |
Nearby Homes
Find Homes by Property Features in East Cleveland, OH
Nearby New Homes For Sale
Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Oct 31, 2026, 04:30PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2026 Multiple Listing Service, Inc. All Rights Reserved
Advertising Broker: Nicholas Huscroft | Chosen Realty
