Map
Listed price in listed location currency (USD).
$175,000

522

MLS® 5220358

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1388 sqft
Garage Yes
Taxes $3,025
Days Active 42
Lot Size 0.1291 Acres
Approx. Age 1942
Avg. Price Per Sqft $126
MLS® Number 5220358

Property Address: 16816 Talford Ave, Cleveland, OH, 44128-1428

Average square foot calculated using Size range provided by listing agent.

Description

ATTENTION INVESTORS: TURNKEY SOUTHEAST CLEVELAND SECTION 8 CASH COW — $1, 925/MO WITH UPSIDE. This strong performing SFH at 16816 Talford Ave is rented at $1, 925/mo through CMHA Section 8 with 100% subsidy and no tenant portion, delivering guaranteed government-backed income in a southeast Cleveland pocket (near the Heights without the extra taxes) where median rents in 44128 run above many nearby zips and demand for single-family rentals is solid. Located on Talford Ave, a tree-lined street of well-kept colonials with long-term owners and recent retail-quality sales nearby, the home sits in one of the more attractive blocks of 44128, helping units lease quickly and stay full. Major CapEx has already been handled, including a complete brand-new sewer system from basement to street (about $20, 000, fully permitted and approved by the City of Cleveland) plus a new electrical panel (old Federal Pacific panel removed), refinished hardwoods, updated bath, full interior repaint, refreshed bedrooms and basement, and a large rear patio on a high-visibility corner lot—plug-and-play for the next owner. A rent-increase request has already been submitted to CMHA. Cleveland’s Southeast Side Promise and other targeted initiatives are driving reinvestment into this area, adding support for long-term value and neighborhood stability around streets like Talford. Lead-based paint testing has been completed and passed (report available), and the property is part of a larger stabilized Section 8 portfolio, making it an ideal acquisition for both first-time and seasoned investors looking for clean numbers, low CapEx risk, and a straightforward high-cashflow hold. Do not disturb tenants; 48-hour notice is typically required for showings, often after accepted offer.
MLS® Number5220358
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1942
BasementConcrete
DrivewayDetached, Garage
Garage Spaces
HeatForced Air, Gas
A/CNone

Extras

Rooms

Family Room:First FloorND x ND
Kitchen:First FloorND x ND
Laundry:Lower LevelND x ND
Dining Room:First FloorND x ND
Living Room:First FloorND x ND
Bedroom 1:Lower LevelND x ND
Bedroom 1:First FloorND x ND

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$175,000List Price
Jul 17, 2024End Date
$95,880Sold Price

Sold

Jul 15, 2024List Date
$99,900List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $171,000 and $177,000.
Similar properties in this area sold on average for: $171,916
Expected to sell in 14 days. Similar properties sold in 56 days. This home has been on Zoocasa for 42 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
16816 Talford Ave, Cleveland, OH

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