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Property Description
Turnkey Cash-Flowing Investment - Section 8 Ready - Up to $3,500/Month Potential! Fantastic investment or owner-occupant opportunity in Cleveland's growing 44103 neighborhood! This well-maintained multi-unit property at 1161 Norwood Rd is Section 8 ready and positioned to generate up to $3,000/month in rental income, making it an ideal addition to any portfolio or a perfect house-hack opportunity. Major updates have already been completed, allowing for immediate rental potential with minimal upfront investment. Recent improvements include new flooring, fresh paint, and appliances in every unit, along with a washer and dryer hookup in the rear unit for added tenant convenience. Big-ticket mechanical updates provide peace of mind with two new hot water tanks and a newer furnace, while exterior upgrades such as new gutters, a recently replaced garage roof, and updated porch columns and banisters enhance both curb appeal and long-term durability. Located just minutes from downtown Cleveland, hospitals, universities, and major highways, this property offers strong rental demand and long-term appreciation potential. Whether you're a seasoned investor looking for cash flow or a buyer seeking to live in one unit while renting the others, this property delivers immediate income with upside potential. Turnkey. Cash-flowing. Section 8 ready. Don't miss this opportunity!
Full Property Details
Full Property Details for 1161 Norwood Rd
General
- Sold For: $170,000
- Taxes: $968 (2025)
- Status: Closed
- Type: Triplex
- Source: 505
- MLS ID: 5185442
- Added to Site: 121 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Kilfoyl
- Driving Directions: Located off St. Clair Avenue
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: Radiator(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Shingle
- Stories/Levels: 2
- Square Feet: 3,672
- Living Area: 3,672 Sq. Ft.
- Finished Above Grnd: 2,458 Sq. Ft.
- Finished Below Grnd: 1,214 Sq. Ft.
- Year Built: 1895
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1077
- Lot Size: .1077
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $968
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 343 KILLFOYL 0074 ALL
- Property ID: 105-21-046
Listed by Keller Williams Greater Metropolitan, Janet Hayward
Sold by RE/MAX Infinity, Aiden Avtgis
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Schools
Schools serving 1161 Norwood Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 0.8 mi |
Willson School 1122 Ansel Rd, Cleveland, OH 44108 | PK-8 | 0.9 mi |
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 1.1 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 9.2 mi |
Design Lab @ Jane Addams 1740 East 32nd Street, Cleveland, OH 44114 | 9-12 | 1.4 mi |
Campus International High School 3100 Chester Avenue, Cleveland, OH 44114 | 9-12 | 1.6 mi |
Jane Addams Business Careers High School 2373 East 30th Street, Cleveland, OH 44115 | 9-12 | 2.2 mi |
Michael R. White 975 East Boulevard, Cleveland, OH 44108 | PK-8 | 1.2 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1161 Norwood Rd
Date
Details
Price
Change
Source
5/22/2026
Sold
$170,000
-5.03%
MLS
2/05/2026
Listed
$179,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1161 Norwood Road, Loveland, OH 44103 (MLS# 5185442) is a Triplex property that was sold at $170,000 on May 22, 2026. Want to learn more about 1161 Norwood Road? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

