723 E 165th Street
Cleveland, OH 44110
5
Bed
2
Bath
0.16Acre(Lot)
**TURNKEY CASH-FLOW OPPORTUNITY – INVESTOR ALERT!** Don't miss this income-producing **5-bedroom, 2-bath Colonial** offered at **$120,000**. Currently generating **$1,500 per month** in rental income (**$18,000 annually**), this property offers immediate cash flow with the potential for long-term appreciation. Completely renovated in **2024**, this investment features significant capital improvements, including a **new roof, windows, flooring, furnace, hot water tank, updated plumbing, and electrical systems**—helping reduce future maintenance expenses and protect your investment. At this price point, investors have the opportunity to acquire a stabilized asset with strong income potential. Run your numbers to evaluate the property's **cap rate**, **cash-on-cash return**, and overall re
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 6 Has Basement: Yes Basement: Unfinished -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Cooling: None
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Building Information
Year Built: 1900 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Main Square Feet: 0.164 Acres Lot Size Acres: 0.164 Lot Size Source: AssessorProperty Information
Subdivision: Gund Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 126
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Listing Price Information
Listing Price: $120000 Cash, Conventional, FHA
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Tax Information
Parcel Number: 116-21-021 Tax Year: 2025 Annual Tax: $1225 Tax Legal Desc: 16 GUND 0018 ALL
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Parking Information
Driveway
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Location Information
Direction: East on St.Clair, Right on E. 165. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19009 Firwood Road, Cleveland, OH, 44110 | $90,900 | 3 | 1 | 910 | 910 SqFt |
| 19003 Firwood Road, Cleveland, OH, 44110 | $109,900 | 4 | 1 | 1,170 | 1,170 SqFt |
| 1290 E 188th Street, Cleveland, OH, 44110 | $94,000 | 3 | 1 | -- | |
| 1334 E 188th Street, Cleveland, OH, 44110 | $125,000 | 3 | 1 | -- | |
| 1547 Clermont Road, Cleveland, OH, 44110 | $109,900 | 3 | 2 | -- | |
| 1402 E 185th Street, Cleveland, OH, 44110 | $115,000 | 3 | 2 | 1,056 | 1,056 SqFt |
| 1449 Clearaire Road, Cleveland, OH, 44110 | $60,000 | 4 | 1 | 1,162 | 1,162 SqFt |
| 1494 Clermont Road, Cleveland, OH, 44110 | $125,000 | 3 | 1 | 1,716 | 1,716 SqFt |
| 898 Wayside Road, Cleveland, OH, 44110 | $115,000 | 3 | 1 | 1,386 | 1,386 SqFt |
| 16615 Westfield Avenue, Cleveland, OH, 44110 | $87,000 | 3 | 1 | -- |
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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 07/22/2026 @ 15:48
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