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$67,200
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Property Description
Fully renovated Cleveland investment property offering immediate cash flow, long-term tenant stability, and an estimated 11% cap rate. This tenant-occupied single-family rental is leased at $1,200/month, with the tenant responsible for gas, electric, water, sewer, and trash. Key capital improvements have already been completed, including a newer furnace and water heater, helping limit near-term maintenance concerns. With updated finishes, reliable rental income, and a lease already in place, this property is a strong fit for investors seeking a cash-flowing Cleveland rental, turnkey single-family investment, or portfolio addition in the 44108 market. Convenient access to major highways, shopping, schools, and local amenities supports long-term rental demand. Professional property management resources are available for remote investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and lease available upon request. Schedule your showing today.
Full Property Details
Full Property Details for 990 E 129th St
General
- Sold For: $67,200
- Taxes: $1,404 (2025)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5212178
- Added to Site: 158 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Parking
- Parking Features: Driveway
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Stewart Frisbie & Fords
- Driving Directions: Lakefront Ave & E 129th 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, Other
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Bungalow
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 1
- Year Built: 1962
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: .13
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,404
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 373 SF&F 0071 ALL
- Property ID: 110-17-036
Listed by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Garrett Rowan
Sold by Red 1 Realty, LLC, Christopher Walling
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Schools
Schools serving 990 E 129th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Stephanie Tubbs Jones 11901 Durant Avenue, Cleveland, OH 44108 | PK-8 | 0.5 mi |
Glenville High School 650 East 113th Street, Cleveland, OH 44108 | 9-12 | 0.9 mi |
Franklin D. Roosevelt 800 Linn Drive, Cleveland, OH 44108 | PK-8 | 0.9 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.8 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 2.2 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.2 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 2.2 mi |
Mary M Bethune 11815 Moulton Avenue, Cleveland, OH 44106 | PK-8 | 0.9 mi |
Kenneth W Clement 14311 Woodworth Avenue, Cleveland, OH 44112 | 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 990 E 129th St
Date
Details
Price
Change
Source
10/13/2026
Sold
$67,200
-25.25%
MLS
7/24/2026
Price Reduced
$89,900
-4.87%
MLS
6/24/2026
Price Reduced
$94,500
-9.91%
MLS
6/04/2026
Price Reduced
$104,900
-8.78%
MLS
5/22/2026
Listed
$115,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
990 E 129th Street, Loveland, OH 44108 (MLS# 5212178) is a Single Family property that was sold at $67,200 on October 13, 2026. Want to learn more about 990 E 129th 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.

