Home for Sale at 4477 E 143rd Street in Cleveland, OH for $139,900

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4477 E 143rd Street | Cleveland

$139,900 | 3 Beds | 1 Baths (1 Full) | 936 Sq. Ft.

Turnkey Investment Opportunity \u2013 ~11% Cash-on-Cash Return\r\n\r\nThis well-maintained 3-bedroom, 1-bath single-family ranch offers strong cash flow from day one with minimal owner involvement. The home was refreshed just over a year ago prior to tenant placement and has been consistently maintained since.\r\n\r\nThe property is currently occupied by an EDEN-subsidized tenant generating $1,368 in monthly rent, providing reliable and predictable income. Monthly operating expenses total approximately $380, consisting of property management ($82), property taxes ($101), insurance ($60), vacancy reserve ($68), and maintenance reserve ($68). This results in a monthly net operating income of approximately $988, supporting an estimated ~11% cash-on-cash return at the current asking price.\r\n\r\nThe home features vinyl siding, newer windows, and a newer roof, helping keep capital expenditures low and long-term ownership simple. Centrally located in Cleveland with quick access to major highways, the property is approximately 20 minutes from downtown and close to shopping, dining, and everyday amenities\u2014supporting long-term tenant demand and stability.\r\n\r\nA true turnkey investment with documented cash flow, subsidized income, and attractive returns.\r\n\r\nSome photos may be virtually staged. MLSNow 5185536 Directions to property: 480 to Lee Rd. Lee to Miles. West on Miles. South on E 146th, West on Caine Rd then south onto 143rd

MLS Listing ID: 
MLSNow 5185536
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$139,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
4477 E 143rd Street, Cleveland, OH 44128
County: 
Cuyahoga
Latitude: 
41.4378170
Longitude: 
-81.5814490
Directions: 
480 to Lee Rd. Lee to Miles. West on Miles. South on E 146th, West on Caine Rd then south onto 143rd
Public Remarks: 
Turnkey Investment Opportunity \u2013 ~11% Cash-on-Cash Return\r\n\r\nThis well-maintained 3-bedroom, 1-bath single-family ranch offers strong cash flow from day one with minimal owner involvement. The home was refreshed just over a year ago prior to tenant placement and has been consistently maintained since.\r\n\r\nThe property is currently occupied by an EDEN-subsidized tenant generating $1,368 in monthly rent, providing reliable and predictable income. Monthly operating expenses total approximately $380, consisting of property management ($82), property taxes ($101), insurance ($60), vacancy reserve ($68), and maintenance reserve ($68). This results in a monthly net operating income of approximately $988, supporting an estimated ~11% cash-on-cash return at the current asking price.\r\n\r\nThe home features vinyl siding, newer windows, and a newer roof, helping keep capital expenditures low and long-term ownership simple. Centrally located in Cleveland with quick access to major highways, the property is approximately 20 minutes from downtown and close to shopping, dining, and everyday amenities\u2014supporting long-term tenant demand and stability.\r\n\r\nA true turnkey investment with documented cash flow, subsidized income, and attractive returns.\r\n\r\nSome photos may be virtually staged.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Cranbrook 01
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1956
Living Area: 
936
Basement: 
Unfinished
Construction
Construction Materials: 
Wood Siding
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.15
Lot Size (Area): 
0.15
Lot Features
Parking Type: 
Driveway
Public Record
Parcel Number: 
142-22-006
Annual Tax: 
$1,241.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
VSD Realty, LLC.

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