723 E 165th Street

Cleveland, OH
$ 120,000 Beds 5 Baths 2 Virtual Tour
Monthly Estimate* How much can I afford?

**TURNKEY CASH-FLOW OPPORTUNITY – INVESTOR ALERT!** Don't miss this income-producing **5-bedroom, 2-bath Colonial** offered at **$120,000**. Currently generating **$1,500 per month** in rental income (**$18,000 annually**), this property offers immediate cash flow with the potential for long-term appreciation. Completely renovated in **2024**, this investment features significant capital improvements, including a **new roof, windows, flooring, furnace, hot water tank, updated plumbing, and electrical systems**—helping reduce future maintenance expenses and protect your investment. At this price point, investors have the opportunity to acquire a stabilized asset with strong income potential. Run your numbers to evaluate the property's **cap rate**, **cash-on-cash return**, and overall return on investment based on your financing strategy and operating expenses. The spacious five-bedroom floor plan appeals to a broad tenant pool and may offer **future rent growth** as market conditions allow. With major updates already completed, this property provides a solid foundation for dependable cash flow while offering the potential to build equity over time. Whether you're expanding an established portfolio or purchasing your next rental property, this is an opportunity to secure a renovated, income-producing asset at an attractive price. Being sold as-is.

Active

  • Price
  • $ 120,000
  • City
  • Cleveland
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • Cuyahoga
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.164 Acres
  • Zip
  • 44110
  • Year Built
  • 1900
  • Taxes
  • $ 1225
  • Style
  • MLS#
  • 5226909
Listed By: BHR & Associates
Data Source: MLSNow

Features

General

Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Other
Roof Asphalt,Fiberglass
Architectural Style Colonial
Construction Materials Vinyl Siding
Year Built 1900
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Gund
Garage Y/N false
Total Rooms 6
Full Baths 2
Status Active
Directions East on St.Clair, Right on E. 165.
ModificationTimestamp 2026-09-25T13:30:31.597-00:00
City Cleveland
Disclosures Principal is Real Estate Licensed
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1225
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity CLEVELAND
Legal Description 16 GUND 0018 ALL

Interior Features

Basement Unfinished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 5
Main Level Bedrooms 2
Main Level Bathrooms 1
Total Baths 2

Exterior Features

Parking Features Driveway
Water Source Public
Lot Size Area 0.164
Lot Size Acres 0.164
Lot Size Source Assessor
Waterfront Y/N false

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

7/16/2026 Listed $120,000

Property vs Zip Code Average in 44110

Price
AVG $110K
$120K
Taxes
AVG $1,427
$1,225
Year Built
AVG 1924
1900

Areas That We Cover

723 E 165th Street Cleveland, OH is a Single Family Home for sale at $120000 and a lot size of 0.164 Acres Acre(s). 723 E 165th Street Cleveland has 5 bedrooms, 2 baths and was built in 1900. The property's zip code is 44110 which is in Cleveland, 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.