Turnkey Cash-Flowing Investment – Section 8 Ready – Up to $3,500/Month Potential!
Fantastic investment or owner-occupant opportunity in Cleveland’s growing 44103 neighborhood! This well-maintained multi-unit property at 1161 Norwood Rd is Section 8 ready and positioned to generate up to $3,000/month in rental income, making it an ideal addition to any portfolio or a perfect house-hack opportunity.
Major updates have already been completed, allowing for immediate rental potential with minimal upfront investment. Recent improvements include new flooring, fresh paint, and appliances in every unit, along with a washer and dryer hookup in the rear unit for added tenant convenience.
Big-ticket mechanical updates provide peace of mind with two new hot water tanks and a newer furnace, while exterior upgrades such as new gutters, a recently replaced garage roof, and updated porch columns and banisters enhance both curb appeal and long-term durability.
Located just minutes from downtown Cleveland, hospitals, universities, and major highways, this property offers strong rental demand and long-term appreciation potential.
Whether you’re a seasoned investor looking for cash flow or a buyer seeking to live in one unit while renting the others, this property delivers immediate income with upside potential.
Turnkey. Cash-flowing. Section 8 ready. Don’t miss this opportunity!
For sale
$179,000
1161 Norwood Rd, Cleveland, OH 44103
8beds
3,672sqft
Est.:
Triplex, Multi Family
Built in 1895
-- sqft lot
$-- Zestimate®
$49/sqft
$-- HOA
What's special
Newer furnaceRecently replaced garage roofAppliances in every unitFresh paintNew flooringNew gutters
- 46 days |
- 426 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 10:09pm
Listing Provided by:
Janet Hayward 216-647-8204 janet.hayward@kw.com,
Keller Williams Greater Metropolitan
Source: MLS Now,MLS#: 5185442
Originating MLS: Akron Cleveland Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiator(s)
Cooling
- None
Features
- Basement: Full
Interior area
- Total structure area: 3,672
- Total interior livable area: 3,672 sqft
- Finished area above ground: 2,458
- Finished area below ground: 1,214
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,691.41 Square Feet
Details
- Parcel number: 10521046
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Kilfoyl
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $41,700
- Annual tax amount: $968
- Date on market: 2/5/2026
- Cumulative days on market: 24 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Listed for sale | $179,000$49/sqft |
Source: | ||
| 2/8/2026 | Pending sale | $179,000$49/sqft |
Source: | ||
| 2/5/2026 | Listed for sale | $179,000+652.1%$49/sqft |
Source: | ||
| 3/12/2021 | Sold | $23,800-52.4%$6/sqft |
Source: Public Record Report a problem | ||
| 4/7/1995 | Sold | $50,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $967 +91.4% | $14,600 +124.3% |
| 2023 | $505 +0.6% | $6,510 |
| 2022 | $503 +0.9% | $6,510 |
| 2021 | $498 +0.7% | $6,510 +16.3% |
| 2020 | $495 -48.4% | $5,600 |
| 2019 | $958 +109.7% | $5,600 |
| 2018 | $457 -65.6% | $5,600 -1.9% |
| 2017 | $1,329 -75.8% | $5,710 |
| 2016 | $5,488 +0.4% | $5,710 |
| 2015 | $5,464 +24% | $5,710 |
| 2014 | $4,408 +21.5% | $5,710 |
| 2013 | $3,628 -17.3% | $5,710 |
| 2012 | $4,385 +24.6% | $5,710 -77% |
| 2011 | $3,520 +130.1% | $24,780 |
| 2010 | $1,530 -60.8% | $24,780 |
| 2009 | $3,902 +9% | $24,780 -12% |
| 2008 | $3,578 +128.3% | $28,150 |
| 2007 | $1,568 +0.1% | $28,150 |
| 2006 | $1,566 +13.9% | $28,150 +20% |
| 2005 | $1,375 -3.7% | $23,460 |
| 2004 | $1,427 +6.1% | $23,460 |
| 2003 | $1,345 +9.1% | $23,460 +8.1% |
| 2002 | $1,233 -41.9% | $21,700 |
| 2001 | $2,120 +4.5% | $21,700 |
| 2000 | $2,029 | $21,700 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,209/mo
Principal & interest
$923
Property taxes
$286
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Climate risks
Neighborhood: St. Claire-Superior
Getting around
43 / 100
Some TransitNearby schools
GreatSchools rating
- 4/10Wade Park SchoolGrades: PK-8Distance: 0.8 mi
- 4/10Willson SchoolGrades: PK-8Distance: 0.9 mi
Schools provided by the listing agent
- District: Cleveland Municipal - 1809
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 44103
- Ohio
- Cuyahoga County
- Cleveland
- 44103
- St. Claire-Superior
- 1161 Norwood Rd





