About This Home

This 3-bedroom, 1-bathroom single family at 12200 Milligan Avenue in Cleveland, OH is listed for $119,900 ($128 per sqft). Built in 1926, the home offers 934 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1926
  • 0.09 acre lot
  • 2 stories

Property Details

2 stories
1 full
1-car garage
1926
Listing Description

Turnkey, fully occupied, and generating $1,325 per month in rental income, this single family in Cleveland's 44135 offers investors an easy opportunity to add a stabilized property to their portfolio. The property offers a total of 3 bedrooms and 1 bathroom and has been maintained with several important updates, including vinyl windows, updated cabinetry and bathroom finishes, select mechanical improvements, and additional updates throughout.

With tenants already in place, the next owner can step into immediate income without having to complete a renovation or search for tenants. The 44135 area continues to be a strong west-side rental market, making this an attractive location for long-term ownership.

Residents enjoy convenient access to West Park, local restaurants and shopping, Cleveland Hopkins International Airport, major highways, and surrounding west-side neighborhoods. The area continues to see residential investment and new development, while its combination of affordability and convenient location keeps it appealing to renters and homeowners alike.

For investors looking for a straightforward buy-and-hold opportunity, this property checks a lot of boxes: existing tenants, immediate cash flow, useful capital improvements, and a location with long-term appreciation potential. With much of the work already completed and income already coming in, this fully occupied 44135 single family is positioned to continue performing for its next owner.

Monthly Cost Estimate

$641/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

12200 Milligan Avenue

Cleveland, OH 44135

Proposed Drexel Park Allotment

Property Details

Construction

Asphalt Plaster ShingleSiding WoodSiding

Parking

Garage

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 12200 Milligan Avenue is listed at $119,900 ($128/sqft). The estimated monthly payment is $641 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.09 acre lot, 2 stories.

This property is listed by Journey Toole.

JT

Journey Toole

License 2021004623

Agent at KW Living

Listed by KW Living · Broker phone: (440) 318-1620 · View on Broker Site

MLS# 5236772· Source: MLS Now· 75 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

12200 Milligan Avenue, Cleveland, OH 44135

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