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$120,000 Just Listed
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Property Description
**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.
Full Property Details
Full Property Details for 723 E 165th St
General
- Price: $120,000
- Taxes: $1,225 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5226909
- Updated: 7/20/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 2
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Gund
- Driving Directions: East on St.Clair, Right on E. 165.
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: Colonial
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.164
- Lot Size: .164
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,225
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Other
Disclosures and Reports
- Legal Description: 16 GUND 0018 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 116-21-021
Listed by BHR & Associates, Crystal R Williamson
Get Pre-Approved Today
Schools
Schools serving 723 E 165th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Ginn Academy 655 East 162nd Street, Cleveland, OH 44110 | 9-12 | 0.2 mi |
Collinwood High School 15210 Saint Clair Avenue, Cleveland, OH 44110 | 9-12 | 0.7 mi |
Euclid Park Elementary School 17914 Euclid Avenue, Cleveland, OH 44112 | PK-8 | 0.8 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 14.2 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.7 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.7 mi |
John Hay Early College High School 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.7 mi |
Memorial School 410 East 152nd Street, Cleveland, OH 44110 | PK-8 | 0.9 mi |
East Clark 885 East 146th Street, Cleveland, OH 44110 | PK-8 | 0.9 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 723 E 165th St
Date
Details
Price
Change
Source
7/17/2026
Listed
$120,000
585.71%
MLS
7/08/2024
Sold
$17,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 723 E 165th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,195
—
$17,850
—
2024
$1,194
—
$17,860
57%
2023
$1,194
-42%
$11,380
—
2022
$2,070
138%
$11,380
—
2021
$869
16%
$11,380
35%
2020
$746
8%
$8,440
—
2019
$690
—
$8,440
—
2018
$688
-18%
$8,440
-15%
2017
$838
1%
$9,910
—
2016
$831
—
$9,910
—
2015
$831
-13%
$9,910
-13%
2014
$953
1%
$11,380
—
2013
$942
—
$11,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 723 E 165th St
723 E 165th Street, Loveland, OH 44110 (MLS# 5226909) is a Single Family property with 5 bedrooms and 2 full bathrooms. 723 E 165th Street is currently listed for $120,000 and was received on July 17, 2026. Want to learn more about 723 E 165th 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.

