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18707 Shawnee Avenue

Cleveland, OH 44119

3 beds
2 baths
1,004 sqft
$144 per sqft
1940 build
– on site

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 lower Cleveland taxes without Euclid POS — maximizing net yield. Property is on a clean, quiet, high-rental-demand street where rentals move quickly and stay full, near banks, restaurants, shops and grocery store. Walk to any of them. Rent it for the cashflow, or buy it as an owner. Many houses on this street are owner occupied! Turnkey, perfect for investors looking to start with no vacancy down time. Big rehab includes: restored hardwood floors, new kitchen flooring, fresh paint, brand new appliances, sink and hardware, and overall refresh, along with a nice fenced-in backyard. Dry basement offers value-add potential to add 1–2 bedrooms and increase rent significantly. likely increase in rent of $500/mo with two additional basement bedrooms. PRIME AREA! LEAD BASE PAINT TESTING COMPLETE AND PASSED! Fully rehabbed, rent-stabilized, excellent tenant, well maintained, low-maintenance asset, high-demand. Strong lease is transferrable and very owner-protective. Excellent DSCR ratio and investment! 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. Artistic marketing renders and photos are transferable to buyer for future use in listings."

Listing courtesy of MLS_NOW / Team Results Realty

Last checked: Checking… • Last updated Jun 25, 2025 •

MLS# 5134354 —

The Building

Year Built:

1940
Year Built Source:

PublicRecords
Construction Materials:

Brick,VinylSiding
Architectural Style:

SplitLevel
Roof:

Shingle
Foundation:

Block
Levels:

Two,MultiSplit
Stories:

2
Stories Total:

2
Basement:

Full
Basement:

true
Patio And Porch Features:

Deck,Patio
Above Grade Finished Area:

1004.0
Above Grade Finished Area Source:

Assessor

Interior

Rooms Total:

6
Fireplace:

true
Fireplace Features:

WoodBurning
Fireplaces Total:

1

Room Dimensions

Living Area:

1004.0
Living Area Units:

SquareFeet

Financial & Terms

Possession:

Negotiable

Location

Directions:

I-90 E to E 185th St. Take exit 182A from I-90 E 9 min (9.6 mi) Continue on E 185th St. Drive to Shawnee Ave/Wendon Ct
Longitude:

-81.547912
Latitude:

41.583326

The Property

Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Subtype Additional:

SingleFamilyResidence
Parcel Number:

114-19-030
Lot Size Acres:

0.1148
Lot Size Area:

0.1148
Lot Size Units:

Acres
Lot Size Source:

Assessor
Waterfront:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

17 9 WP 100 FT W OF E 188 ST
Tax Annual Amount:

$1,896

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Full Baths:

2

The Listing

Home Warranty:

false
Special Listing Conditions:

Standard
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/18707-Shawnee-Avenue-Cleveland-OH-44119/unbranded

Heating & Cooling

Heating:

ForcedAir,Gas
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Range,Refrigerator

Schools

Elementary School District:

Cleveland Municipal - 1809
Middle School District:

Cleveland Municipal - 1809
High School District:

Cleveland Municipal - 1809

The Community

Subdivision Name:

Euclid 17
Association:

false
Pool Private:

false

Parking

Parking Features:

Detached,Garage
Garage Spaces:

2.0
Garage:

true
Attached Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$145,000

Expense	Monthly cost
Mortgage	$776
Taxes	$158
Insurance	$39
Utilities	$134 See report
Total	$1,107/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
6/25/25 Jun 25, 2025	Listed / Active	MLS_NOW	$145,000	237.2% (33.0% / YR)
4/20/18 Apr 20, 2018		MLS_NOW	$43,000

37% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $5k above asking price on average, but some went as high as $15k over asking price.

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This house located in North Collinwood, Cleveland, OH 44119 is currently for sale for $145,000. 18707 Shawnee Avenue is a 1,004 square foot house with 3 beds and 2 baths that has been on Estately for 0 days. 18707 Shawnee Avenue is in the North Collinwood neighborhood of Cleveland and has a WalkScore® of 73, making it very walkable. This house is in the attendance area of Louis Agassiz School, Clark School, Euclid Park School, William Cullen Bryant, Miles Park School, Alfred A. Benesch School, Riverside School, Franklin D. Roosevelt School, Bolton Elementary School, and East Clark School.

Listing Courtesy of: MLS_NOW and Team Results Realty.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively for consumers’ 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 provided is deemed reliable but is not guaranteed.