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$145,000
3 Beds
2 Baths2 full baths
1,004sqft
18707 Shawnee Ave, Cleveland, OH 44119
$145,000
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Single Family Residence
Built in 1940
$-- HOA
0.11 acre lot
$144/sq.ft
Description
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 lo...
- Houzeo last checked: 52 Minutes ago
- Listing updated: November 18, 2025 at 2:33 pm
- Listing Provided by: Scott A Marvin (614) 382-2124 DRE #2018003245 | Team Results Realty (614) 382-2124
- Source: MLS Now-OH | MLS#: 5134354
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
1,004 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5134354
MLS Status
Active
Days on Market
163
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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