Listed By:
Keller Williams Greater Cleveland Northeast
Address
4618 E 88th Street, Garfield Heights, OH
Price
$ 135,000
Property Attributes
  • MLS#5236900
  • TypeSingle Family
  • Listing Status Pending
  • CountyCuyahoga
  • CityGarfield Heights
  • NeighborhoodGarfield Pkwy
  • Zip44125
  • Style
  • Year Built1953
  • Taxes$ 2021
  • Price$ 135,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size0.1102 Acres
Data Source:
MLSNow
Property Description

Strong cash-flow opportunity in Garfield Heights! This 4-bedroom, 1-bath investment property offers a solid combination of existing rental income, desirable features, and upside potential. The home features aluminum siding, vinyl windows, central air, and a partially finished basement providing additional usable space. The property also includes a 2-car detached garage and is situated on a quiet residential street. Best of all, it is already occupied by a long-term CMHA tenant paying $1,600/month with the tenant responsible for all utilities, providing immediate rental income with minimal turnover risk. At a purchase price of $135,000, the property offers an attractive entry point for investors looking for strong cash flow. With top-end rents in the 44125 ZIP code reaching approximately $2,158/month, there is also potential rental upside for the future. Projected numbers show a cap rate exceeding 12% and nearly $700/month in cash flow, making this a compelling opportunity for both seasoned investors and those looking to add a strong-performing rental to their portfolio. Long-term tenant. Strong current rent. Utility responsibility to tenant. 2-car garage. Quiet street. Significant rental upside. This is the type of cash-flowing asset investors look for.

Price History
8/15/2026 Listed $135,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt,Fiberglass
Garage Spaces 2
Architectural Style Cape Cod
Construction Materials Aluminum Siding
Year Built 1953
Stories Count 2
Township Garfield Heights
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Garfield Pkwy
Garage Y/N true
Total Rooms 6
Full Baths 1
Status Pending
Directions Turney Road to Birchwood Road to E 88
ModificationTimestamp 2026-08-21T21:01:16.813-00:00
City Garfield Heights
Disclosures Principal is Real Estate Licensed
High School District Garfield Heights CSD - 1815
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 2021
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Garfield Heights CSD - 1815
Elementary School District Garfield Heights CSD - 1815
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity CLEVELAND
Legal Description 480 GARFPKY 0086 ALL

Interior Features

Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 4
Main Level Bedrooms 2
Main Level Bathrooms 1
Total Baths 1

Exterior Features

Parking Features Driveway,Detached,Garage
Water Source Public
Lot Size Area 0.1102
Foundation Details Block
Lot Size Acres 0.1102
Lot Size Source Assessor
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 44125

Price
AVG $170K
$140K
Taxes
AVG $3,490
$2,021
Year Built
AVG 1949
1953

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