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$120,000
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Property Description
Gold mine. Turnkey cash cow. Currently rented at $1,544/mo through CMHA Section 8. Government-backed cash flow from day one. Stable and happy tenant since Sept. 2024. Tenant is cooperative, very communicative, employed, and low-maintenance. Rent increase request eligible around July 2025, giving additional upside potential. Tenant has stated they wish to stay in the house. Strong lease is transferrable and very owner-protective. Turns month-to-month on 9/18/25, giving buyer complete flexibility should they wish to non-renew. Remodeled and updated: Select new double-pane vinyl windows, new appliances (convey), updated bathroom, new plumbing, partial electrical upgrades, new light fixtures, maintenance-free wood floors, newer LVP flooring, newer paint throughout, cleared fenced yard. Foundation perimeter scraped and resealed inside and out. Passed lead-based paint testing. Situated on a quiet stree with a mix of owner-occupants and well-managed investor properties. Low CapEx, government-backed guaranteed income, fully stabilized, immediate cashflow, upside built in, responsible tenant. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO - INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Full Property Details
Full Property Details for 1124 E 114th St
General
- Sold For: $120,000
- Taxes: $1,732 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5131930
- Added to Site: 92 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: None
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Knight Richardson & Moores Al
- Driving Directions: I-90 E 4 min (4.1 mi) Continue on Martin Luther King Jr Dr. Take Superior Ave to E 114th St
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Windows: Double Pane Windows, Insulated Windows
- Stories/Levels: 2
- Square Feet: 1,146
- Living Area: 1,146 Sq. Ft.
- Finished Above Grnd: 1,146 Sq. Ft.
- Year Built: 1910
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.0844
- Lot Size: .0844
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,732
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: SEE SUPERVISOR 379 KR&M 0167 ALL
- Property ID: 109-22-143
Listed by Team Results Realty, Scott A Marvin
Sold by RE/MAX Crossroads Properties, Anna Lee Rindskopf
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Schools
Schools serving 1124 E 114th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 0.5 mi |
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 0.5 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 0.6 mi |
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 0.8 mi |
Willson School 1122 Ansel Rd, Cleveland, OH 44108 | PK-8 | 1.2 mi |
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 1.2 mi |
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 1.7 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 1.8 mi |
Bolton 9803 Quebec Avenue, Cleveland, OH 44106 | PK-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1124 E 114th St
Date
Details
Price
Change
Source
7/30/2025
Sold
$120,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1124 E 114th Street, Loveland, OH 44108 (MLS# 5131930) is a Single Family property that was sold at $120,000 on July 30, 2025. Want to learn more about 1124 E 114th Street? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

