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19409 Libby RD Maple Heights, OH 44137
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Key Details
Sold Price $175,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $160
Subdivision Center Hwy Allotment #2
MLS Listing ID 5220406
Sold Date 07/23/26
Style Conventional
Bedrooms 5
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,092
Year Built 1942
Annual Tax Amount $3,042
Tax Year 2025
Lot Size 5,601 Sqft
Acres 0.1286
Property Sub-Type Single Family Residence
Stories Two
Story Two
Property Description
ATTENTION INVESTORS: TURNKEY MAPLE HEIGHTS SECTION 8 MONSTER — $2,683/MO, FULLY SUBSIDIZED. 19409 Libby Rd is a high-yield single-family on Maple Heights' main east-west corridor, in a strong rental city where single-family rents sit well above many nearby east-side suburbs and demand has been trending up year over year. Currently rented at a massive $2,683/mo, 100% paid by CMHA Section 8, it delivers locked-in, government-backed income at a level that materially outperforms the area's typical rent range. Libby Rd offers quick access to Lee Rd, Broadway/480, and neighborhood retail, giving tenants easy commutes and everyday amenities that help keep units rented and reduce vacancy risk.
The home has been fully remodeled top to bottom and feels like new construction: new carpet and flooring, new kitchen with updated cabinets and hardware, newer stove and refrigerator, fresh interior paint throughout, updated bathroom, new dual-pane vinyl windows, finished basement, new furnace, brand-new water heater, and a large fenced backyard plus 2-car garage for extra appeal and functionality. It also just passed CMHA inspection this spring, giving incoming investors confidence in both condition and program compliance. The existing $2,683/mo stream represents a standout DSCR and a true portfolio anchor for investors focused on maximum cash flow. Long term tenant. Lead-based paint testing has been completed and passed (report available), and the strong, owner-protective lease can transfer to a new buyer, making this a plug-and-play acquisition in one of Cleveland's most reliable cash-flow suburbs. Part of a larger stabilized Section 8 portfolio—ask about additional high-rent Maple Heights and east-side assets. Do not disturb tenants; 48-hour notice typically required for showings, often after accepted offer.
Location
State OH
County Cuyahoga
Rooms
Basement Partial
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Conventional
Level or Stories Two
Schools
School District Maple Heights Csd - 1818
Others
Tax ID 782-20-005
Financing Other
Special Listing Condition Standard
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Bought with Lea K Jones • Keller Williams Living
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