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956 Nobleshire Road

Cleveland Heights, OH 44121
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Bed 3

Bed

Bath 1

Bath

SqFt1,183

Sqft

Acres0.12

Acre(Lot)

Priced at $200,000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3,200,000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33,685/month in scheduled rental income ($404,220 annually). Based on provided income and property taxes, the portfolio produces approximately $344,121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: • 16 Single-Family Rental Homes • $33,685/month rental income • $404,220 gross annual income • Approx. 10.75% cap rate based on provided rent roll • Stabilized tenant base • Renovated and income-producing assets • Strong Cleveland suburban rental markets • Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!

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Detail Ic Property Details

Property Type : Residential

Price : $200,000

AD Id : 87577553

MLS Id : 5224511

Beds : 3

Lot Size : 0.12 Acre

Living Area Size : 1,183

Year Built : 1927

Garage : 2

County : Cuyahoga

Subdivision: South Haven

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 6 Has Basement: Yes Basement: Full, Sump Pump, Unfinished
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1927 Construction Materials: Frame Patio And Porch Features: Front Porch Private Pool: No

  • Lot Information

    Main Square Feet: 0.1214 Acres Lot Size Acres: 0.1214 Lot Size Source: Assessor

    Property Information

    Subdivision: Noble Park Allotment Source Property Type: Residential Property SubType: Single Family Residence Levels: One and One Half Property Age: 99

  • Listing Price Information

    Listing Price: $200000 Cash, Conventional

  • Tax Information

    Parcel Number: 682-11-102 Tax Year: 2025 Annual Tax: $3511 Tax Legal Desc: 53 NOBLEPK 0036 ALL

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: See list of portfolio list of addresses WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
982 Quarry Drive, Cleveland Heights, OH, 44121 $227,000 3 2 1,236 1,236 SqFt
1049 Renfield Road, Cleveland Heights, OH, 44121 $225,000 3 3 2,089 2,089 SqFt
857 Quarry Drive, Cleveland Heights, OH, 44121 $200,000 2 1 960 960 SqFt
3954 Bluestone Road, Cleveland Heights, OH, 44121 $185,000 4 2 1,450 1,450 SqFt
3970 Monticello Boulevard, Cleveland Heights, OH, 44121 $254,999 4 2 2,400 2,400 SqFt
848 Beverly Road, Cleveland Heights, OH, 44121 $184,900 4 2 1,413 1,413 SqFt
3871 Mayfield Road, Cleveland Heights, OH, 44121 $244,900 4 3 2,282 2,282 SqFt
3817 Montevista Road, Cleveland Heights, OH, 44121 $239,000 5 2 2,439 2,439 SqFt
1509 Maple Road, Cleveland Heights, OH, 44121 $200,000 4 2 1,876 1,876 SqFt
951 Roanoke Road, Cleveland Heights, OH, 44121 $153,500 4 2 1,554 1,554 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 07/04/2026 @ 15:59

MLS: 5224511 LISTED BY: Jesse Kracht, Russell Real Estate Services 440-572-3100 SOURCE: MLS Now

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