Listed By
Agency Name: Home Equity Realty Group
Agency Contact: 803-992-1429; Garrett.Rowan@HEQRealty.com
Shown By
Agent Name: Dominic Fonte and Associates
Agent Phone: (330) 418-1535
Agency Title: Cutler Real Estate
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Property Description
Fully renovated Cleveland investment property offering immediate cash flow, long-term tenant stability, and an estimated 9% cap rate. Property is Lead Safe Certified as-is. This tenant-occupied single-family rental is leased through 3/26/27 at $1,200/month, with the tenant responsible for gas, electric, water, sewer, and trash. Key capital improvements have already been completed, including a newer furnace and water heater, helping limit near-term maintenance concerns. With updated finishes, reliable rental income, and a lease already in place, this property is a strong fit for investors seeking a cash-flowing Cleveland rental, turnkey single-family investment, or portfolio addition in the 44108 market. Convenient access to major highways, shopping, schools, and local amenities supports long-term rental demand. Professional property management resources are available for remote investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and lease available upon request. Schedule your showing today.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None, Other
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 1.5
Taxes: $1,404 / year
Year Built: 1962
Feature Descriptions
Exterior: Aluminum Siding
Parcel#: 110-17-036
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Estimate Your Payment
Estimated Payment
$ 741.15 per month $590.61 Principal & Interest $117.00 Property Tax $33.54 Homeowner's InsuranceChange Payment Information
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990 E 129th Street | MLS# 5212178
This single family home located at 990 E 129th Street, Cleveland, OH 44108 is currently listed for sale with an asking price of $115,000. This property was built in 1962 and has 3 bedrooms and 1 full baths. E 129th Street is located in the Stewart Frisbie & Fords subdivision within the Cleveland Municipal - 1809 school district. Search Stewart Frisbie & Fords real estate on www.dominicfonte.com today.