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Zachary Schnegg
REALTOR®

723 E 165th Street, Cleveland, OH 44110

$120,000
  • 723 E 165th Street, Cleveland, OH 44110 Main Photo

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New to the Market Active
BEDS5 BATHS2 full MLS#5226909
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONGund SCHOOLCleveland Municipal - 1809

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.

723 E 165th Street | MLS# 5226909

This single family home located at 723 E 165th Street, Cleveland, OH 44110 is currently listed for sale with an asking price of $120,000. This property was built in 1900 and has 5 bedrooms and 2 full baths. E 165th Street is located in the Gund subdivision within the Cleveland Municipal - 1809 school district. Search Gund real estate on zacschneggrealtor.sulekandexperts.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.16 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,225 / year
Year Built: 1900

Feature Descriptions

Days on Site: 1
Exterior: Vinyl Siding
Parcel#: 116-21-021
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: BHR & Associates
Agency Contact: crwilliamson35@gmail.com, 216-577-4608

Shown By

Agent Name: Zachary Schnegg
Agent Phone: (740) 827-4567
Agency Title: Sulek & Experts Real Estate

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Estimated Payment

$ 404.15 per month $267.07 Principal & Interest $102.08 Property Tax $35.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/17/2026. The listing information on this page last changed on 07/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/17/2026 12:05:53 AM EST) or Wheeling MLS (last updated Thu 07/16/2026 10:37:07 PM EST) or MLS NOW (last updated Fri 07/17/2026 12:02:36 AM EST). Real estate listings held by brokerage firms other than Sulek & Experts Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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