About This Home

This 3-bedroom, 1-bathroom single family at 749 E 131st Street in Cleveland, OH is listed for $99,900 ($99 per sqft). Built in 1916, the home offers 1,014 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1916
  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
1 full
1916
Listing Description

Investors, here's your chance to own a fully updated, cashflowing Section 8 property with strong upside potential. This 3-bedroom, 1-bath home also features a bonus room on the second floor. Currently, the property is generating $1,500 per month with CMHA paying 100% of the rent.

The home is lead certified and has undergone significant updates, including a new furnace (2018), hot water tank (2018), electrical (2018), plumbing (2018), updated bathroom (2018), updated kitchen (2018), new flooring (2018), and a roof (2020), windows (2018), ext./int.

paint (2018), gutters (2026), new plumbing stack (2026) and more. With all major systems recently updated, this property is truly turnkey-offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area. Don't miss out! Reach out to listing agent for walkthrough videos.

Monthly Cost Estimate

$534/mo

20% down · 6.5% · 30 years

Principal$72
Interest$433
Insurance$29

Estimates only. Actual payments may vary.

Location

749 E 131st Street

Cleveland, OH 44108

Elworthy-Helwick Companys Frs

Property Details

Construction

VinylSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 749 E 131st Street is listed at $99,900 ($99/sqft). The estimated monthly payment is $534 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1916, 0.06 acre lot, 2 stories.

This property is listed by Gabriel Newberry.

GN

Gabriel Newberry

License 2021006563

Agent at Lokal Real Estate, LLC

Listed by Lokal Real Estate, LLC · Broker phone: (216) 252-6580 · View on Broker Site · Broker website

MLS# 5252132· Source: MLS Now· 21 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.

749 E 131st Street, Cleveland, OH 44108

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