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USAOHMaple HeightsFriend16029 Friend Ave
Listing image | Image 1

16029 Friend Ave, Maple Heights, OH

House

For Sale

Listed price in listed location currency (USD).
$136,000

312

MLS® 5190372

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 950 sqft
Garage Yes
Taxes $2,492
Days Active 121
Lot Size 0.1359 Acres
Approx. Age 1923
Avg. Price Per Sqft $143
MLS® Number 5190372

Property Address: 16029 Friend Ave, Maple Heights, OH, 44137-2839

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

Description

ATTENTION INVESTORS: TURNKEY MAPLE HEIGHTS SECTION 8 CASH COW — $1, 680/MO WITH UPSIDE. Fully rehabbed, stabilized Maple Heights rental at 16029 Friend Ave, currently rented at $1, 680/mo through CMHA Section 8 with 100% of rent paid by the government, delivering strong, predictable cash flow in a city where single-family homes consistently command some of the highest rents. The property remains under true market potential for this zip code (CMHA 2026 FMR for this zipcode is $2, 339/mo), giving a new owner room to pursue further increases over time, either via future CMHA adjustments or by re-tenanting at updated program/market rates. The street itself sits in a desirable Maple Heights pocket that helps units rent quickly and stay full, supported by a competitive local rental market and solid demand for quality area single-family homes. Recent improvements include brand-new vinyl dual-pane windows, new appliances, fresh paint throughout, refinished flooring, and an updated basement, with major CapEx already handled so the focus can stay on income and strategy rather than heavy repairs. Turnkey, rent-stabilized, and low-maintenance, this asset offers high DSCR at the right price and works equally well for first-time investors or those scaling a Section 8 portfolio. Lead-based paint testing has been completed and passed, with the report available, and a strong, owner-protective lease structure can transfer to the new buyer. Part of a larger stabilized Section 8 portfolio—ask about additional properties. Do not disturb tenants; 48-hour notice is typically required for showings, often after accepted offer.
MLS® Number5190372
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1923
BasementFull
DrivewayDetached, Garage
Garage Spaces
HeatForced Air, Gas
A/CNone

Extras

Price History

Last Sold Price

$95,000$95K

Appreciation

--

Avg. Days Listed

6 days

Today, For Sale for $136,000

For Sale · 121 days

$136,000

MLS® 5190372

4 months ago

Not Sold Yet

March 2026, For Sale for $136,000

For Sale · 121 days

$136,000

MLS® 5190372

4 months ago

Not Sold Yet

July 2024, Sold for $95,000

View of front of property with a front yard and a porch
Sold · 6 days

$95,000$105,000

MLS® 5048394

2 years ago

Sold on Jul 22, 2024

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $136,000 and $141,000.
Similar properties in this area sold on average for: $139,024
Expected to sell very soon! Similar properties sold in 50 days. This home has been on Zoocasa for 121 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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