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18707 Shawnee Avenue

Cleveland, OH 44119
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Bed 3

Bed

Bath 2

Bath

SqFt1,004

Sqft

Acres0.11

Acre(Lot)

ATTENTION INVESTORS: TURNKEY SECTION 8 CASH COW IN LAKE CORRIDOR POCKET — $1,691/MO WITH NEAR-TERM UPSIDE. 18707 Shawnee Ave is a strong income producer in Cleveland’s 44119 lake corridor, now generating $1,691/mo ($1,550 CMHA Section 8 plus $141/mo garage rent), and the current tenant becomes eligible to submit for a CMHA rent-increase request around the first week of July, giving the next owner a near-term shot at higher approved rents without changing occupants. Near the Euclid line, it benefits from high Euclid-influenced rent levels while keeping typically lower Cleveland taxes, and sits on a quiet, well-kept residential street where nearby homes are actively rented and units tend to lease quickly and stay full. Additional upside exists if the dry basement is finished and additional r ooms are added to the existing bath setup, which could support higher future rent potential (buyer to verify with CMHA and market data). Turnkey rehab work is done: restored hardwoods, new kitchen flooring, fresh paint, brand-new appliances including a new stove, new sink and hardware, cosmetic refresh, fully fenced backyard, and enclosed detached garage that adds appeal and income. Residents have quick access to I-90, Euclid Beach Park, and Euclid Creek Reservation for lakefront and green space, making this pocket attractive to long-term renters. Lead-based paint testing has been completed and passed (report available), and the property delivers strong DSCR as part of a larger stabilized Section 8 portfolio—ideal for investors seeking immediate cash flow with clear, near-term upside drivers already in motion. Do not disturb tenants; 48-hour notice is required prior to showings (after approved offer)

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Detail Ic Property Details

Property Type : Residential

Price : $139,000

AD Id : 85484197

MLS Id : 5220372

Beds : 3

Lot Size : 0.11 Acre

Living Area Size : 1,004

Year Built : 1940

Garage : 2

County : Cuyahoga

Subdivision: Rural Tract (no Subd)

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 6 Has Basement: Yes Basement: Full
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1940 Construction Materials: Brick, Vinyl Siding Stories: 2 Patio And Porch Features: Deck, Patio Private Pool: No

  • Lot Information

    Main Square Feet: 0.1148 Acres Lot Size Acres: 0.1148 Lot Size Source: Assessor

    Property Information

    Subdivision: Euclid 17 Source Property Type: Residential Property SubType: Single Family Residence Levels: Two, Multi/Split Property Age: 86

  • Listing Price Information

    Listing Price: $139000

  • Tax Information

    Parcel Number: 114-19-030 Tax Year: 2025 Annual Tax: $1897 Tax Legal Desc: 17 9 WP 100 FT W OF E 188 ST

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: E 185th St. Drive to Shawnee Ave/Wendon Ct WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
19806 Shawnee Avenue, Cleveland, OH, 44119 $117,500 4 1 2,062 2,062 SqFt
19715 Cherokee Avenue, Cleveland, OH, 44119 $149,900 3 1 2,256 2,256 SqFt
19307 Kildeer Avenue, Cleveland, OH, 44119 $109,900 3 2 --
18815 Arrowhead Avenue, Cleveland, OH, 44119 $214,900 3 2 1,128 1,128 SqFt
18315 Marcella Road, Cleveland, OH, 44119 $120,000 3 1 --
18214 Windward Road, Cleveland, OH, 44119 $129,900 4 2 2,357 2,357 SqFt
18011 Windward Road, Cleveland, OH, 44119 $109,900 3 2 1,101 1,101 SqFt
18119 Lake Shore Boulev.., Cleveland, OH, 44119 $139,900 3 1 1,608 1,608 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 06/19/2026 @ 18:32

MLS: 5220372 LISTED BY: Scott Marvin, Team Results Realty 614-382-2124 SOURCE: MLS Now

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