# 1848 Stanwood Road, East Cleveland, OH 44112

> **TL;DR:** 4bd/1ba single family, $124,900 ($66/sqft), built 1899, 1,894 sqft.
> Fireplace. Est. $541/mo. Listed 6 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $124,900 |
| Price/sqft | $66 |
| Bedrooms | 4 |
| Bathrooms | 1 full |
| Square Feet | 1,894 |
| Year Built | 1899 |
| Lot Size | 5,602 sqft (0.13 acres) |
| Stories | 3 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 6 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $541 |
| **Total** | **$541** |

## Key Amenities

- Fireplace

## Property Highlights

- Built in 1899
- 0.13 acre lot
- 3 stories
- Fireplace

## Description

### Agent Description
Presenting a cash-flowing investment opportunity-a 1,894 sq. ft. Colonial-era (1899) home with a long-term, month-to-month Section 8 tenant already in place. This 4-bedroom, 1.5-bath property generates 1,450/mo. in gross rent. CMHA(Section8) currently covers 1,190/mo. of that amount, with the tenant responsible for the remaining amount. While not fully subsidized, the majority of rent is guaranteed by the housing authority, reducing collection risk compared to traditional market-rate tenants. The asset features a durable slate roof, central A/C, replacement vinyl windows throughout most of the home, and a full unfinished basement for storage or future value-add. The property has undergone significant electrical, plumbing, bathroom, kitchen, HVAC, and interior/exterior repairs. The tenant wishes to remain, and is on a month-to-month lease, giving you flexibility. With a detached 2-car garage and solid bones.

## Location

- **Address:** 1848 Stanwood Road, East Cleveland, OH 44112
- **County:** Cuyahoga
- **Neighborhood:** Grasmere Allotment
- **Coordinates:** 41.534935, -81.574603
- **Google Maps:** https://www.google.com/maps?q=41.534935,-81.574603

## Listing Agent

- **Name:** Christopher Walling
- **Brokerage:** Red 1 Realty, LLC
- **Phone:** 2168709204
- **Email:** realtorwalling@gmail.com

## Primary Photo

![1848 Stanwood Road - Primary Photo](http://lh.rdcpix.com/032ab50db8101d89940dfba13ccc320dl-f732280974r.jpg)

---

**MLS#:** 5210226 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1848-stanwood-road-east-cleveland-oh-44112-5210226)

---

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