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Property Description
Investors, here's your chance to own a fully updated, cashflowing section 8 property with strong upside potential. This 3-bedroom, 2-bath home also features a bonus room on the first floor that can easily be converted into a fourth bedroom to further boost rental income. Currently, the property is generating $1,039 per month with CMHA paying 100% of the rent, and it's eligible for a rent increase to $1,500-$1,600 per month with the proper adjustment request. The home is lead certified and has undergone significant updates, including a new furnace (2023), hot water tank (2024), electrical (2022), plumbing (2022), updated bathroom (2022), updated kitchen (2022), new flooring (2022), and a roof that is approximately 10 years old. With all major systems recently updated, this property is truly turnkey-offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area, just minutes away from Shaker Square. Don't miss out! Reach out to the listing agent for walkthrough videos.
Full Property Details
Full Property Details for 2827 E 119th St
General
- Sold For: $80,000
- Taxes: $962 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5147614
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Driving Directions: Off of Buckeye Rd.
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
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Cape Cod
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,092
- Living Area: 1,092 Sq. Ft.
- Finished Above Grnd: 1,092 Sq. Ft.
- Year Built: 1910
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.062
- Lot Size: .062
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $962
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 373 FOR HI PK S/L 287 NP 0286 SP
- Property ID: 129-15-016
Listed and Sold by Lokal Real Estate, LLC., Gabriel Newberry
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Schools
Schools serving 2827 E 119th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 0.4 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 0.6 mi |
Bolton 9803 Quebec Avenue, Cleveland, OH 44106 | PK-8 | 1.4 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 1.5 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.7 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 1.8 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 2.1 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 2.4 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 2.5 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 2827 E 119th St
Date
Details
Price
Change
Source
9/23/2025
Sold
$80,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2827 E 119 Street, Loveland, OH 44120 (MLS# 5147614) is a Single Family property that was sold at $80,000 on September 23, 2025. Want to learn more about 2827 E 119 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.

