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3568 E 118th Street, 
Cleveland, OH 44105

$72,300

4

Beds

2

Baths

2,200

Sq Ft

Multi-Family

Pending

Listed by

Daniel S Reid

Berkshire Hathaway HomeServices Stouffer Realty

440-526-6700

Last updated:

May 13, 2026, 07:23 AM

MLS#

5187749

Source:

OH NORMLS

About This Home

3568 E 118th Street

Investor-friendly buy & hold opportunity at 3568 E 118th St, Cleveland, OH 44105. This 4-bedroom, 2-bath, 2,200 SQFT duplex is tenant-occupied (month-to-month) and offers light rehab potential with an estimated $12–18K needed post-vacancy. Built in 1920, the property features separate furnaces (no central AC), 2 newer water heaters, and no major plumbing or electrical issues reported. With an ARV of $135,000, providing ~$35000 in built-in equity. Current rent is $650/month downstairs, with market rent projected at $1,150–$1,250/month, offering an estimated cash flow of $300–$400/month/ unit and a 15–20% cash-on-cash return. Light cosmetic updates and turnover work will position this property for long-term rental success in the 44105 market.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1920

Price Summary

72,300

$32 per Sq. Ft.

MLS #:

5187749

Last Updated:

May 13, 2026, 07:23 AM

Added:

3 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,200 Sq. Ft.

Structure

Structure

Building Area:

2,200 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

5,000

Finances & Disclosures

Finances

Price:

$72,300

Price per Sq. Ft:

$32 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.