Debbie Skaggs

4578 E 131st Street

Garfield Heights, OH
$ 879,900 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

100% occupied, cash flowing 12 unit complex with value-add upside! This newly updated 12 unit deal is perfect for the investor looking for solid, stable cash flow day 1, while still having easy value-add upside available through basic cosmetic updates and organic rent bumps! Currently 100% occupied, grossing $10,740 in rent per month, an investor will walk into nearly a 9.5% cap rate AS IS. Proforma, a savvy buyer will easily achieve $12,500+ per month in gross rent, with the ability to implement parking fees and on-site coin operated laundry for additional income! The unit mix is ideal - boasting (8) two bedroom units and (4) one bedroom units. (6) of the (12) total units have been totally remodeled including updated kitchens with granite countertops and new appliances, updated flooring including vinyl plank and new carpet, updated bathrooms with tiled shower surrounds and new vanities, as well as updated lighting throughout and completely refreshed common areas. In addition, there are a number of new furnaces and wall unit AC's that have been installed, as well as a new parking lot, painted and refreshed garages, two completely new roofs installed in 2025, new carpet, paint and lighting in the hallways, and new exterior entry doors, and new common how water tanks! Tenants are responsible for gas and electricity, while the owner pays water/sewer/trash and common area electricity and gas. A number of tenants are currently month to month as well, allowing a buyer to quickly start implementing their business plan.

Active

  • Price
  • $ 879,900
  • City
  • Garfield Heights
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Cuyahoga
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.3671 Acres
  • Zip
  • 44105
  • Year Built
  • 1962
  • Taxes
  • $ 18145
  • Style
  • MLS#
  • 5222720
Listed By: Russell Real Estate Services
Data Source: MLSNow

Features

General

Sewer PublicSewer
Heating ForcedAir
Cooling WallUnits
Possession DeliveryOfDeed
Roof Asphalt,Fiberglass,Other
Year Built 1962
Township Garfield Heights
Property Subtype Apartment
Tax Year 2025
County Cuyahoga
Property Type CommercialSale
Attached Garage false
Status Active
Directions Garfield Heights area
ModificationTimestamp 2026-06-29T11:38:32.007-00:00
City Garfield Heights
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Tax Annual Amount 18145
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Total Actual Rent 6145
Property Sub Type Additional Apartment
PostalCity GARFIELD HEIGHTS
Legal Description 477 CRANPK#2 S/L 322&321ALL 0323 ALL 54635100 TO54635102

Interior Features

Basement None
Total Stories 3
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Parking Features Assigned,Paved
Water Source Public
Total Parking 18
Lot Size Area 0.3671
Number of Buildings 2
Lot Size Acres 0.3671
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/26/2026 Listed $879,900

Property vs Zip Code Average in 44105

Price
AVG $100K
$880K
Taxes
AVG $1,508
$18,145
Year Built
AVG 1920
1962

Areas That We Cover

4578 E 131st Street Garfield Heights, OH is a Single Family Home for sale at $879900 and a lot size of 0.3671 Acres Acre(s). 4578 E 131st Street Garfield Heights has 0 bedrooms, 0 baths and was built in 1962. The property's zip code is 44105 which is in Garfield Heights, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Debbie Skaggs

Debbie Skaggs

REALTOR®

234-567-0119

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