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5550 Grasmere Avenue

Maple Heights, OH 44137
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Bed 4

Bed

Bath 1

Bath

SqFt924

Sqft

Acres0.10

Acre(Lot)

ATTENTION INVESTORS & OWNER-OCCUPANTS: HIGH-END CASH COW IN MAPLE HEIGHTS. This fully remodeled single-family home at 5550 Grasmere is a proven performer, last rented at $2,350/mo through EDEN (similar to Section 8) at 100% subsidy with no tenant portion. With the published 2026 FMR for this zip code at $2,508 and the current tenant scheduled to move out in July 30, a new owner can step in and place a fresh tenant at today’s higher rent right away. The home was remodeled with high-end finishes throughout: quartz kitchen with new cabinets, hardware, and stainless steel appliances, brand-new furnace and hot water tank, and a fully tiled bathroom with backlit vanity mirrors. Four large bedrooms (two down, two up) plus a huge, clean, dry basement deliver standout rent-per-square-foot in a stro ng-rent Maple Heights market, with room to add value by finishing the lower level with two additional bedrooms, buyer to verify). Turnkey, low-maintenance, and ready to cash flow from day one—with optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer.

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Detail Ic Property Details

Property Type : Residential

Price : $179,000

AD Id : 75775349

MLS Id : 5190367

Beds : 4

Lot Size : 0.10 Acre

Living Area Size : 924

Year Built : 1925

Garage : 2

County : Cuyahoga

Subdivision: Jamestown Crossing

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 6 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, Gravity Cooling: None

  • Building Information

    Year Built: 1925 Construction Materials: Brick, Vinyl Siding Stories: 2 Patio And Porch Features: Deck, Patio, Porch, Screened Private Pool: No

  • Lot Information

    Main Square Feet: 0.1038 Acres Lot Size Acres: 0.1038 Lot Size Source: Assessor

    Property Information

    Subdivision: Mapleboro Park Allotment 02 Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 101

  • Listing Price Information

    Listing Price: $179000 Original Price: $189000

  • Tax Information

    Parcel Number: 781-15-101 Tax Year: 2025 Annual Tax: $3603 Tax Legal Desc: 13 MAPLEBORO#2 0109 ALL

  • Parking Information

    Detached, Garage

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Lee Rd 0.2 mi Turn left onto Broadway Ave 0.3 mi Turn left onto Grasmere Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
21603 Libby Road, Maple Heights, OH, 44137 $99,500 3 1 1,350 1,350 SqFt
21202 Gardenview Drive, Maple Heights, OH, 44137 $152,000 3 2 1,980 1,980 SqFt
21203 Raymond Street, Maple Heights, OH, 44137 $134,900 3 2 1,392 1,392 SqFt
21007 Gardenview Drive, Maple Heights, OH, 44137 $225,000 5 3 1,577 1,577 SqFt
20514 Mountville Drive, Maple Heights, OH, 44137 $139,900 3 1 1,885 1,885 SqFt
19910 Mountville Drive, Maple Heights, OH, 44137 $177,500 3 2 --
19280 Stafford Avenue, Maple Heights, OH, 44137 $124,900 3 1 1,157 1,157 SqFt
18909 Maple Heights Bou.., Maple Heights, OH, 44137 $164,500 3 3 2,166 2,166 SqFt
18715 Libby Road, Maple Heights, OH, 44137 $176,000 3 2 1,596 1,596 SqFt
5356 Beechwood Avenue, Maple Heights, OH, 44137 $129,000 3 2 1,118 1,118 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 07/21/2026 @ 07:42

MLS: 5190367 LISTED BY: Scott Marvin, Team Results Realty 614-382-2124 SOURCE: MLS Now

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