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$70,500
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Property Description
Investor-friendly buy & hold opportunity at 3568 E 118th St, Cleveland, OH 44105. This 4-bedroom, 2-bath, 2,200 SQFT duplex is tenant-occupied (month-to-month) and offers light rehab potential with an estimated $12-18K needed post-vacancy. Built in 1920, the property features separate furnaces (no central AC), 2 newer water heaters, and no major plumbing or electrical issues reported. With an ARV of $135,000, providing ~$35000 in built-in equity. Current rent is $650/month downstairs, with market rent projected at $1,150-$1,250/month, offering an estimated cash flow of $300-$400/month/ unit and a 15-20% cash-on-cash return. Light cosmetic updates and turnover work will position this property for long-term rental success in the 44105 market.
Full Property Details
Full Property Details for 3568 E 118th St
General
- Sold For: $70,500
- Taxes: $1,636 (2024)
- Status: Closed
- Type: Duplex
- Source: 505
- MLS ID: 5187749
- Added to Site: 233 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, In Basement
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, Garage Faces Front, Garage, Off Street
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Union Rice
- Driving Directions: E of MLK Dr and S off Union Ave. Home is on the W side of the road
- Direction Faces: East
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Slate
- Stories/Levels: 3
- Square Feet: 2,200
- Living Area: 2,200 Sq. Ft.
- Finished Above Grnd: 2,200 Sq. Ft.
- Year Built: 1920
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size: .1148
- Lot Size Source: Assessor
- Street Lights: Yes
- Sidewalks: Yes
- Lot Features: City Lot, Flat, Level
- Fencing (Description): None
Financial Considerations
- Tax Amount: $1,636
- Tax Year: 2024
- Terms: Cash, Conventional
- Owner Pays: Sewer, Trash Collection, Water
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 452 UNIONR 0127 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 137-01-061
Listed by Berkshire Hathaway HomeServices Stouffer Realty, Daniel S Reid
Sold by Non-Member, Non-Member Non-Member
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Schools
Schools serving 3568 E 118th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 0.4 mi |
John Adams College & Career Academy 3817 Martin Luther King Junior Drive, Cleveland, OH 44105 | 9-12 | 0.5 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 0.6 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 10 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 2.8 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.8 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.8 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.1 mi |
Miles School 11918 Miles Avenue, Cleveland, OH 44105 | PK-8 | 1.2 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 3568 E 118th St
Date
Details
Price
Change
Source
10/01/2026
Sold
$70,500
-2.49%
MLS
3/30/2026
Price Reduced
$72,300
-5.49%
MLS
3/13/2026
Price Reduced
$76,500
-16.39%
MLS
3/05/2026
Price Reduced
$91,500
-7.58%
MLS
2/20/2026
Listed
$99,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3568 E 118th Street, Loveland, OH 44105 (MLS# 5187749) is a Duplex property that was sold at $70,500 on October 01, 2026. Want to learn more about 3568 E 118th Street? Do you have questions about finding other Duplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

