987 E 78th Street
Cleveland, OH 44103
6
Bed
2
Bath
1,792Sqft
0.15Acre(Lot)
Investment Opportunity – High Cash Flow Rental Property Discover a strong income-producing opportunity with this versatile property currently operating with six rented bedrooms at $125/week each, generating approximately $3,000/month in rental income. Ideal for investors seeking immediate returns, this property offers steady occupancy and flexible potential for future use. Conveniently located near local amenities, the home provides tenants with comfortable living spaces and shared access to common areas. With reliable weekly rents already in place, new owners can step into a proven income stream from day one. Buyer to perform their own due diligence regarding zoning, permitted use, and any potential modifications. Thank you for your interest—this is a great chance to expand your inv
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 10 Has Basement: Yes Basement: Concrete, Walk-Out Access -
Roofing Information
Asphalt, Fiberglass -
Interior Features
Roof: Asphalt, Fiberglass Laundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Wall Unit(s)
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Building Information
Year Built: 1900 Construction Materials: Shake Siding Private Pool: No -
Exterior Features
Exterior Features: Awning(s)
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Lot Information
Main Square Feet: 0.146 Acres Lot Size Acres: 0.146 Lot Size Source: Assessor
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Listing Price Information
Listing Price: $75000 Original Price: $99500
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Tax Information
Parcel Number: 105-30-052 Tax Year: 2024 Annual Tax: $1509 Tax Legal Desc: both parcels are .073 totaling .146 acres
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Parking Information
Additional Parking, On Street
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Location Information
Direction: Only 3 miles west to Downtown Cleveland, or southeast to Case Western. 2 miles from the Cultural Gardens, 3 miles from Wade Oval for access to the Natural History or Art Museums, and the Botanical Gardens. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1333 E 82nd Street, Cleveland, OH, 44103 | $125,000 | 4 | 2 | 4,271 | 4,271 SqFt |
| 1345 E 82nd Street, Cleveland, OH, 44103 | $139,900 | 6 | 2 | -- | |
| 1346 E 82nd Street, Cleveland, OH, 44103 | $139,000 | 6 | 3 | -- | |
| 8206 Crumb Avenue, Cleveland, OH, 44103 | $135,000 | 4 | 2 | -- | |
| 7705 Star Avenue, Cleveland, OH, 44103 | $119,500 | 5 | 2 | 2,254 | 2,254 SqFt |
| 920-924 E 79th Street, Cleveland, OH, 44103 | $69,999 | 4 | 2 | 2,340 | 2,340 SqFt |
| 7507 Lawnview Avenue, Cleveland, OH, 44103 | $419,000 | 12 | 6 | 6,424 | 6,424 SqFt |
| 7609 Superior Avenue, Cleveland, OH, 44103 | $399,000 | 10 | 4 | 4,098 | 4,098 SqFt |
| 1082 E 78th St, Cleveland, OH, 44103 | $245,000 | 8 | 4 | 6,300 | 6,300 SqFt |
| 1214 E 74th Street, Cleveland, OH, 44103 | $89,900 | 4 | 2 | -- |
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Nearby For Sale
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 06/08/2026 @ 15:00
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