# 6601 Ridgeview Road, Mayfield Heights, OH 44124

> **TL;DR:** 3bd/1ba single family, $200,000 ($199/sqft), built 1950, 1,006 sqft.
> A/C, 1-car garage. Est. $1,069/mo. Listed 120 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $200,000 |
| Price/sqft | $199 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,006 |
| Year Built | 1950 |
| Lot Size | 6,961 sqft (0.16 acres) |
| Stories | 1 |
| Garage | 1-car |
| Property Type | Single Family (Single Family Residence) |
| Status | Active |
| Days on Market | 120 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,011 |
| Estimated Insurance | $58 |
| **Total** | **$1,069** |

## Key Amenities

- A/C
- 1-car garage

## Property Highlights

- Built in 1950
- 0.16 acre lot

## Description

### Agent Description
Priced at $200,000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3,200,000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33,685/month in scheduled rental income ($404,220 annually). Based on provided income and property taxes, the portfolio produces approximately $344,121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: - 16 Single-Family Rental Homes - $33,685/month rental income - $404,220 gross annual income - Approx. 10.75% cap rate based on provided rent roll - Stabilized tenant base - Renovated and income-producing assets - Strong Cleveland suburban rental markets - Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!

## Location

- **Address:** 6601 Ridgeview Road, Mayfield Heights, OH 44124
- **County:** Cuyahoga
- **Neighborhood:** Dwight J Walker Allotment
- **Coordinates:** 41.518156, -81.441266
- **Google Maps:** https://www.google.com/maps?q=41.518156,-81.441266

## Listing Agent

- **Name:** Jesse R Kracht · **License:** 2010001088
- **Brokerage:** Russell Real Estate Services
- **Broker Phone:** (440) 268-9491
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/6601-Ridgeview-Rd_Mayfield-Heights_OH_44124_M37954-14402?f=listhub&s=NEOHREXOH&m=5224505&c=propsimple)

## Photos

![6601 Ridgeview Road - Photo 1](http://lh.rdcpix.com/9f2124d2711488fb390730bb9e023127l-f10166272r.jpg)

---

**MLS#:** 5224505 | **Updated:** 2026-10-23
**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.ai/listing/6601-ridgeview-road-mayfield-heights-oh-44124-b36efab88cbd484f9d9d1680f382c8ea)

---

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