1124 E 114th Street
Cleveland, OH 44108
Map
- 3 beds
- 1 bath
- 1,146 sqft
- $103 per sqft
- 1910 build
- – on site
Gold mine. Turnkey cash cow. Currently rented at $1,544/mo through CMHA Section 8. Government-backed cash flow from day one. Stable and happy tenant since Sept. 2024. Tenant is cooperative, very communicative, employed, and low-maintenance. Rent increase request eligible around July 2025, giving additional upside potential. Tenant has stated they wish to stay in the house. Strong lease is transferrable and very owner-protective. Turns month-to-month on 9/18/25, giving buyer complete flexibility should they wish to non-renew. Remodeled and updated: Select new double-pane vinyl windows, new appliances (convey), updated bathroom, new plumbing, partial electrical upgrades, new light fixtures, maintenance-free wood floors, newer LVP flooring, newer paint throughout, cleared fenced yard. Foundation perimeter scraped and resealed inside and out. Passed lead-based paint testing. Situated on a quiet stree with a mix of owner-occupants and well-managed investor properties. Low CapEx, government-backed guaranteed income, fully stabilized, immediate cashflow, upside built in, responsible tenant. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Last checked:
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Last updated Jun 16, 2025
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MLS# 5131930 —
The Building
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Year Built:1910
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Year Built Source:PublicRecords
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Construction Materials:Brick,VinylSiding
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Architectural Style:Traditional
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Window Features:DoublePaneWindows,InsulatedWindows
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Levels:Two
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Stories:2
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Roof:Shingle
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Basement:Full
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Basement:true
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Foundation:Block
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Stories Total:2
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Above Grade Finished Area:1146.0
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Above Grade Finished Area Source:PublicRecords
Interior
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Rooms Total:6
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Fireplace:true
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Fireplaces Total:1
Room Dimensions
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Living Area:1146.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:Negotiable
Location
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Directions:I-90 E 4 min (4.1 mi) Continue on Martin Luther King Jr Dr. Take Superior Ave to E 114th St
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Latitude:41.526942
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Longitude:-81.605881
The Property
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Parcel Number:109-22-143
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Size Acres:0.0844
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Lot Size Area:0.0844
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (614) 382-2124
- Office phone:
- (614) 382-2124
Taxes
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Tax Year:2024
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Tax Legal Description:SEE SUPERVISOR 379 KR&M 0167 ALL
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Tax Annual Amount:$1,732
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/1124-E-114th-Street-Cleveland-OH-44108/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Range,Refrigerator
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Knight Richardson & Moores Al
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Pool Private:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:None
Monthly cost estimate
Asking price
$119,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$637
|
| Taxes | $144 |
| Insurance | $32 |
| Utilities | $156 See report |
| Total | $969/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/16/25
Jun 16, 2025
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Listed / Active | MLS_NOW | $119,000 | 60.8% (33.9% / YR) |
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8/31/23
Aug 31, 2023
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MLS_NOW | $74,000 | -16.9% | |
|
8/24/23
Aug 24, 2023
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MLS_NOW | $89,000 |
31% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $4k above asking price on average, but some went as high as $27k over asking price.
