OH > Maple Heights > Joseph S Van De Boes Greenhur
Maple Heights, OH 44128,16241 Glenburn AVE
$133,333
Est. payment /mo
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3 Beds
1 Bath
962 SqFt
Active

16241 Glenburn AVE Maple Heights, OH 44128

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James Duncan

James Duncan

+1(330) 606-9212

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 962 sqft

Price per Sqft $138

Subdivision Joseph S Van De Boes Greenhur

MLS Listing ID 5134317

Style Ranch

Bedrooms 3

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 962

Year Built 1956

Annual Tax Amount $3,574

Tax Year 2024

Lot Size 7,501 Sqft

Acres 0.1722

Property Sub-Type Single Family Residence

Property Description

Looking to add high-performing, cash-flowing real estate to your portfolio in one of Ohio's most dependable rental markets? This 21-property (23-unit) portfolio across Cuyahoga County is fully tenant-occupied and generating strong returns. With properties spread across 11 zip codes, you'll gain exposure to a diverse mix of neighborhoods, rent ranges, and asset types—offering both stability and upside. Highlights: Consistent Cash Flow: All units are occupied and performing. Generating over $375,000 gross income annually. Gross Monthly Rent = $31,335. Gross Monthly Rent Per Unit = $1,362. Average Price Per Property = $133,333. Geographic Diversity: Spread across East and West Cleveland in 11 zip codes. Asset Mix: Combination of single-family and small multifamily homes—ideal for long-term appreciation and steady income. Tenant Type: 13 market-rate units and 10 subsidized (Section 8 & Eden). Upgraded Portfolio: Over $600K in cosmetic and mechanical improvements in the last two years—averaging $26K per unit. Professionally Managed: Minimal headaches, turnkey ready. Perfect for: Turnkey investors seeking immediate income from day one. Buyers wanting diversified exposure across Cleveland's rental submarkets. Portfolio builders bundling performing properties in strong cash flow areas. Interested in a breakdown of rents, expenses, and cap rates? Let's connect.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Main Level Bedrooms 3

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Sewer Septic Tank

Water Public

Architectural Style Ranch

Level or Stories One

Schools

School District Maple Heights Csd - 1818

Others

Tax ID 781-05-054

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Shoshana Socher • Keller Williams Greater Metropolitan • shoshana@thesocherteam.com, 216-255-7377

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agent

James Duncan

Agent | License ID: 449204

+1(330) 606-9212

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16241 Glenburn AVE