723 E 165th ST, Cleveland, OH 44110
723 E 165th ST, Cleveland, OH 44110
723 E 165th ST, Cleveland, OH 44110
12
$120,000
$120,000
Est.Price: ?

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5 BD
2 BA
7,143 Sqft Lot

723 E 165th ST Cleveland, OH 44110

Est. payment /mo
SOLD DATE : 10/29/2026

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Key Details

Sold Price $120,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Subdivision Gund

MLS Listing ID 5226909

Sold Date 10/29/26

Style Colonial

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $1,225

Tax Year 2025

Lot Size 7,143 Sqft

Acres 0.164

Property Sub-Type Single Family Residence

Stories Two

Story Two

Property Description

**TURNKEY CASH-FLOW OPPORTUNITY – INVESTOR ALERT!** Don't miss this income-producing **5-bedroom, 2-bath Colonial** offered at **$120,000**. Currently generating **$1,500 per month** in rental income (**$18,000 annually**), this property offers immediate cash flow with the potential for long-term appreciation.

Completely renovated in **2024**, this investment features significant capital improvements, including a **new roof, windows, flooring, furnace, hot water tank, updated plumbing, and electrical systems**—helping reduce future maintenance expenses and protect your investment. At this price point, investors have the opportunity to acquire a stabilized asset with strong income potential. Run your numbers to evaluate the property's **cap rate**, **cash-on-cash return**, and overall return on investment based on your financing strategy and operating expenses.

The spacious five-bedroom floor plan appeals to a broad tenant pool and may offer **future rent growth** as market conditions allow. With major updates already completed, this property provides a solid foundation for dependable cash flow while offering the potential to build equity over time.

Whether you're expanding an established portfolio or purchasing your next rental property, this is an opportunity to secure a renovated, income-producing asset at an attractive price. Being sold as-is.

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 116-21-021

Acceptable Financing Cash, Conventional, FHA, Other

Listing Terms Cash, Conventional, FHA, Other

Financing Conventional,Other

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IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Crystal R Williamson • BHR & Associates • crwilliamson35@gmail.com, 216-577-4608
Bought with Terry Young • Keller Williams Greater Metropolitan

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Bob Jackson

Bob Jackson

Agent | OH & WV License ID: 2012001434,WV0028109

+1(304) 280-1242

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