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16029 Friend Avenue, 
Maple Heights, OH 44137

$144,000


3

Beds


1

Bath


950

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Scott A Marvin

Team Results Realty

614-382-2124

Last updated:

May 13, 2026, 02:17 PM

MLS#

5190372

Source:

OH NORMLS

About This Home

16029 Friend Avenue

ATTENTION INVESTORS: TURNKEY MAPLE HEIGHTS SECTION 8 CASH COW — $1,550/MO WITH UPSIDE BUILT IN Hard to find a fully rehabbed, stabilized Maple Heights rental like this — currently rented at $1,550/mo through CMHA Section 8 with 100% of rent paid by the government (no tenant portion). The home is currently rented well below true market rents for this special Maple Heights zip code, which pays more than many surrounding cities, and could command significantly more with either a new tenant or an approved rent increase that has just been submitted to Section 8. The tenant is cooperative, happy, moving to month-to-month, and the new owner has plenty of flexibility to either keep her in place at an under-market rate or reposition to full market rents over time. Maple Heights in general is an extremely high-demand rental city, and this particular street is even more desirable — a fairly quiet, clean block in an ideal location that helps units rent fast and stay full. Property is fully rehabbed and investor-ready. Turnkey. Recent improvements include brand-new vinyl dual-pane windows, new appliances, fresh paint throughout, refinished flooring, and an updated basement — major CapEx already handled. Nothing left to do but collect strong cashflow now while you decide how aggressively you want to push the upside. HIGH DSCR at list price and a solid long-term hold in a market that consistently commands strong rents. Great location, great numbers, and a clean setup that works well for both first-time and scalable portfolio investors. Quality remodel. Lead-based paint testing completed and passed; report available upon request. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. **Showings only after accepted offer.**

Home Facts

Single Family

1 Bath

3 Bedrooms

Built in 1923

Price Summary

144,000

$151 per Sq. Ft.

MLS #:

5190372

Last Updated:

May 13, 2026, 02:17 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

950 Sq. Ft.


Structure

Structure

Building Area:

950 Sq. Ft.

Year Built:

1923


Lot

Lot Size (Sq. Ft):

5,919


Finances & Disclosures

Finances

Price:

$144,000

Price per Sq. Ft:

$151 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.