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USAOHClevelandGund723 E 165Th St
Listing image | Image 1

723 E 165Th St, Cleveland, OH

House

For Sale

Listed price in listed location currency (USD).
$120,000

520

MLS® 5226909

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes $1,225
Days Active 0
Lot Size 0.164 Acres
Approx. Age 1900
MLS® Number 5226909

Property Address: 723 E 165th St, Cleveland, OH, 44110-2901

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

Description

**TURNKEY CASH-FLOW OPPORTUNITY – INVESTOR ALERT!** Don't miss this income-producing **5-bedroom, 2-bath Colonial** offered at **$120, 000**. Currently generating **$1, 500 per month** in rental income (**$18, 000 annually**), this property offers immediate cash flow with the potential for long-term appreciation. Completely renovated in **2024**, this investment features significant capital improvements, including a **new roof, windows, flooring, furnace, hot water tank, updated plumbing, and electrical systems**—helping reduce future maintenance expenses and protect your investment. At this price point, investors have the opportunity to acquire a stabilized asset with strong income potential. Run your numbers to evaluate the property's **cap rate**, **cash-on-cash return**, and overall return on investment based on your financing strategy and operating expenses. The spacious five-bedroom floor plan appeals to a broad tenant pool and may offer **future rent growth** as market conditions allow. With major updates already completed, this property provides a solid foundation for dependable cash flow while offering the potential to build equity over time. Whether you're expanding an established portfolio or purchasing your next rental property, this is an opportunity to secure a renovated, income-producing asset at an attractive price.
MLS® Number5226909
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementUnfinished
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2026List Date
$120,000List Price
Jun 23, 2024End Date
$17,500Sold Price

Sold

May 6, 2026List Date
$9,500List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $92,000 and $134,000.
Similar properties in this area sold on average for: $92,483
Expected to sell in 29 days. Similar properties sold in 29 days. This home has been on Zoocasa for 0 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.

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Starting Address
Destination Address
723 E 165Th St, Cleveland, OH

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