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About This Home

This 4-bedroom, 1-bathroom single family at 10001 YALE AVENUE in CLEVELAND, OH is listed for $89,500 ($39 per sqft). Built in 1910, the home offers 2,309 sqft of living space on a 0.12 acres lot.

Agent Description

Attention investors! This turnkey investment opportunity offers immediate cash flow with a quality tenant in place through July 2026, paying $1,200 per month (not Section 8) and wishing to remain. Whether you're entering the investment market for the first time or adding to your established portfolio, this affordable and maintained asset delivers cash flow from day one.

This spacious property features 4 bedrooms, with the possibility of a 5th bedroom using the finished third floor—an excellent opportunity for future rent increases or expanded tenant appeal. The home is mechanically sound with thoughtful updates, including an updated electrical panel, plumbing improvements, and other key upgrades.

A full basement adds additional storage or utility space, while the large floor plan provides flexibility and long-term tenant stability. Located in an investment-friendly zip code, this property is positioned for consistent performance and growth. The home is currently professionally managed, and management can remain in place for a seamless transition.

Due to the tenant’s occupancy, showings will only be permitted after an acceptable offer has been received. Please—no wholesalers, no owner-financing requests, and inquiries from serious, qualified buyers only. Seller is an out-of-country investor liquidating their portfolio. A solid, income-producing property with upside potential—don’t miss this excellent opportunity!

Key Features

  • Built in 1910
  • 0.12 acre lot

Property Details

1 full
1910

Monthly Cost Estimate

$479/mo

20% down · 6.5% · 30 years

Principal$65
Interest$388
Insurance$26

Estimates only. Actual payments may vary.

Location

10001 YALE AVENUE

CLEVELAND, OH 44108

Features & Amenities

Interior Features

LAUNDRY: IN BASEMENT

Property Details

Heating

Forced AirNatural Gas

Questions & Answers

This 4-bedroom, 1-bathroom single family at 10001 YALE AVENUE is listed at $89,500 ($39/sqft). The estimated monthly payment is $388 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.12 acre lot. Interior Features: LAUNDRY: IN BASEMENT.

This property is listed by Christopher Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.

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CF

Christopher Frederick

Agent at Schmidt Realty

(216) 210-7653

Listed by Schmidt Realty · View on Broker Site

MLS# 5175766· Source: listhub· Updated today

Copyright © 2026 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

10001 YALE AVENUE, CLEVELAND, OH 44108

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