Here's your chance to become a Real Estate investor overnight! Outstanding investment opportunity in a high-demand area of Cleveland’s East Side! This Colonial is currently occupied with a reliable tenant paying $950/month under a 12-month lease that began 03/01/25 and runs through 02/28/26, providing immediate cash flow.
Step onto the inviting front porch and into a bright living room with a cozy fireplace, then flow into the formal dining room and an updated kitchen featuring new cabinets, granite countertops, and modern lighting. Upstairs are three spacious bedrooms and a full bathroom with an updated vanity, plus an unfinished attic offering storage or future expansion potential. The full basement includes glass block windows, laundry hookups, and utility space, and the partially fenced backyard adds outdoor appeal.
Recent updates and improvements make this property truly turnkey. It features wood siding, vinyl windows throughout, younger LVP flooring in hallways, stairs, living areas, kitchen, bathrooms, and bedrooms, updated plumbing, an updated electrical panel, a newer hot water tank (2024), partial roof replacement on the front section (2025), and professional grading (2025). Rent-ready updates completed in 2024 included fresh paint throughout, LVP flooring, updated light fixtures, new kitchen cabinets, and a new hot water tank.
This property offers investors a low-maintenance, rent-ready home with stable income and long-term appreciation potential. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors.
Reach out to learn more!
For sale
$60,000
1330 Elwood Rd, East Cleveland, OH 44112
3beds
1,660sqft
Est.:
Single Family Residence
Built in 1917
3,502.22 Square Feet Lot
$-- Zestimate®
$36/sqft
$-- HOA
What's special
Modern lightingLaundry hookupsThree spacious bedroomsGranite countertopsPartially fenced backyardUpdated light fixturesNew cabinets
- 6 days |
- 238 |
- 25 |
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 12:34pm
Listing Provided by:
Michael Azzam 216-446-7606 mike@theazzamgroup.com,
RE/MAX Haven Realty
Source: MLS Now,MLS#: 5170021
Originating MLS: Akron Cleveland Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
- Finished area above ground: 1,660
Video & virtual tour
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Covered, Front Porch, Balcony
- Exterior features: Balcony
Lot
- Size: 3,502.22 Square Feet
Details
- Parcel number: 67120032
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Asphalt,Shingle
Condition
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Euclid-Shaw Allotment
HOA
- Has HOA: No
Location
- Region: East Cleveland
Financial & listing details
- Price per square foot: $36/sqft
- Tax assessed value: $18,500
- Annual tax amount: $529
- Date on market: 12/5/2025
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2025 | Listed for sale | $60,000$36/sqft |
Source: | ||
| 11/10/2025 | Listing removed | $60,000$36/sqft |
Source: | ||
| 11/5/2025 | Listed for sale | $60,000+200%$36/sqft |
Source: | ||
| 2/3/2025 | Listing removed | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/29/2025 | Price change | $950-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $397 +105.4% | $6,480 +184.2% |
| 2023 | $193 +0.3% | $2,280 |
| 2022 | $192 +0.9% | $2,280 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$351/mo
Principal & interest
$233
Property taxes
$97
Home insurance
$21
Climate risks
Neighborhood: 44112
Nearby schools
GreatSchools rating
- 4/10Mayfair Elementary SchoolGrades: 3-5Distance: 0.5 mi
- 3/10Heritage Middle SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Shaw High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: East Cleveland CSD - 1812
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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