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About This Home

This 4-bedroom, 2-bathroom single family at 13509 Edgewood Avenue in Cleveland, OH is listed for $156,000. Built in 1920, on a 0.09 acres lot.

Agent Description

Located at **13509 Edgewood Avenue**, this tenant-occupied investment property offers immediate cash flow with a current rent of **$1,800 per month**, making it an attractive turnkey opportunity for investors looking to add performing assets in Cleveland.

With strong rental demand and relatively affordable acquisition prices compared to many U.S. markets, Cleveland continues to be a target market for buy-and-hold investors seeking stable returns. This property benefits from being in a rental-heavy neighborhood where affordable housing and steady tenant demand support consistent occupancy.

The broader Cleveland market continues to attract investors because of its **low entry prices, strong rent-to-price ratios, and diverse employment base** including healthcare, manufacturing, and logistics. Major employers such as Cleveland Clinic and other regional institutions help sustain housing demand throughout the metro area.

With **tenants already in place and producing $1,800 per month**, this property provides the opportunity for **day-one income**, making it ideal for investors seeking a stable, cash-flowing rental in one of the Midwest's most accessible investment markets.

Key Features

  • Built in 1920
  • 0.09 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full
1920

Amenities

Fireplace

Monthly Cost Estimate

$834/mo

20% down · 6.5% · 30 years

Principal$113
Interest$676
Insurance$46

Estimates only. Actual payments may vary.

Location

13509 Edgewood Avenue

Cleveland, OH 44105

Property Details

Construction

VinylSiding

Pool Features

Porch

Parking

Garage

Heating

Forced AirNatural Gas

Questions & Answers

This 4-bedroom, 2-bathroom single family at 13509 Edgewood Avenue is listed at $156,000. The estimated monthly payment is $676 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.09 acre lot, 2 stories, Fireplace.

This property is listed by Alex V Johnson and can be reached at 4407245116 or ajohnson_REQ@yahoo.com.

AJ

Alex V Johnson

Agent at Real Estate Quest, Inc.

(440) 724-5116

Listed by Real Estate Quest, Inc. · View on Broker Site

MLS# 5193857· Source: listhub· Updated 25 days ago

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13509 Edgewood Avenue, Cleveland, OH 44105

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