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749 E 131st Street, 
Cleveland, OH 44108

$95,000


3

Beds


1

Bath


1,014

Sq Ft


Single Family


Virtual Tour

Pending

Listed by

Gabriel Newberry

Lokal Real Estate, LLC.

216-252-6580

Last updated:

August 25, 2025, 07:19 AM

MLS#

5147658

Source:

OH NORMLS

About This Home

749 E 131st Street

Investors, here’s your chance to own a fully updated, cashflowing Section 8 property with strong upside potential. This 3-bedroom, 1-bath home also features a bonus room on the first floor that can easily be converted into a fourth bedroom to further boost rental income. Currently, the property is generating $1,150 per month with CMHA paying 100% of the rent, and it’s eligible for a rent increase to $1,400–$1,600 per month with the proper adjustment request. The home is lead certified and has undergone significant updates, including a new furnace (2018), hot water tank (2018), electrical (2018), plumbing (2018), updated bathroom (2018), updated kitchen (2018), new flooring (2018), and a roof (2020), windows (2018), ext./int. paint (2018). With all major systems recently updated, this property is truly turnkey—offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area. Don't miss out! Reach out to listing agent for walkthrough videos.

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1916

Price Summary

95,000

$93 per Sq. Ft.

MLS #:

5147658

Last Updated:

August 25, 2025, 07:19 AM

Added:

16 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,014 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

1,014 Sq. Ft.

Year Built:

1916


Lot

Lot Size (Sq. Ft):

2,700


Finances & Disclosures

Finances

Price:

$95,000

Price per Sq. Ft:

$93 per Sq. Ft.

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