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16029 Friend Avenue

Maple Heights, OH 44137
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Bed 3

Bed

Bath 1

Bath

SqFt950

Sqft

Acres0.14

Acre(Lot)

ATTENTION INVESTORS: TURNKEY MAPLE HEIGHTS SECTION 8 CASH COW — $1,550/MO WITH UPSIDE BUILT IN Hard to find a fully rehabbed, stabilized Maple Heights rental like this — currently rented at $1,550/mo through CMHA Section 8 with 100% of rent paid by the government (no tenant portion). The home is currently rented well below true market rents for this special Maple Heights zip code, which pays more than many surrounding cities, and could command significantly more with either a new tenant or an approved rent increase that has just been submitted to Section 8. The tenant is cooperative, happy, moving to month-to-month, and the new owner has plenty of flexibility to either keep her in place at an under-market rate or reposition to full market rents over time. Maple Heights in general is an extremely high-demand rental city, and this particular street is even more desirable — a fairly quiet, clean block in an ideal location that helps units rent fast and stay full. Property is fully rehabbed and investor-ready. Turnkey. Recent improvements include brand-new vinyl dual-pane windows, new appliances, fresh paint throughout, refinished flooring, and an updated basement — major CapEx already handled. Nothing left to do but collect strong cashflow now while you decide how aggressively you want to push the upside. HIGH DSCR at list price and a solid long-term hold in a market that consistently commands strong rents. Great location, great numbers, and a clean setup that works well for both first-time and scalable portfolio investors. Quality remodel. Lead-based paint testing completed and passed; report available upon request. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. **Showings only after accepted offer.**

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Detail Ic Property Details

Property Type : Residential

Price : $144,000

AD Id : 75775353

MLS Id : 5190372

Beds : 3

Lot Size : 0.14 Acre

Living Area Size : 950

Year Built : 1923

Garage : 2

County : Cuyahoga

Subdivision: Jamestown Crossing

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 5 Has Basement: Yes Basement: Full
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Range, Refrigerator
  • Heating & Cooling

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

  • Building Information

    Year Built: 1923 Construction Materials: Brick, Vinyl Siding Stories: 2 Patio And Porch Features: Patio Private Pool: No

  • Lot Information

    Main Square Feet: 0.1359 Acres Lot Size Acres: 0.1359 Lot Size Source: Assessor

    Property Information

    Subdivision: Friend Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 103

  • Listing Price Information

    Listing Price: $144000

  • Tax Information

    Parcel Number: 781-06-021 Tax Year: 2024 Annual Tax: $2492 Tax Legal Desc: 2 FRIEND 0017 SEP

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Head toward Maple Heights Blvd 0.4 mi Turn left onto Friend Ave WaterSource: Public
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Nearby Home Value

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21202 Gardenview Drive, Maple Heights, OH, 44137 $152,000 3 2 1,980 1,980 SqFt
20514 Mountville Drive, Maple Heights, OH, 44137 $139,900 3 1 1,885 1,885 SqFt
20505 Franklin Road, Maple Heights, OH, 44137 $125,000 3 1 1,920 1,920 SqFt
19910 Mountville Drive, Maple Heights, OH, 44137 $185,000 3 2 --
19513 Beverly Avenue, Maple Heights, OH, 44137 $140,000 3 2 1,820 1,820 SqFt
19280 Stafford Avenue, Maple Heights, OH, 44137 $124,900 3 1 1,157 1,157 SqFt
18909 Maple Heights Bou.., Maple Heights, OH, 44137 $168,000 3 3 2,166 2,166 SqFt
18715 Libby Road, Maple Heights, OH, 44137 $180,000 3 2 1,596 1,596 SqFt
18313 Hazelwood Avenue, Maple Heights, OH, 44137 $175,000 3 2 1,530 1,530 SqFt
18208 Edinboro Avenue, Maple Heights, OH, 44137 $124,900 3 1 1,200 1,200 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 06/11/2026 @ 23:53

MLS: 5190372 LISTED BY: Scott Marvin, Team Results Realty 614-382-2124 SOURCE: MLS Now

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