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$89,900
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Property Description
Excellent turnkey investment opportunity in Euclid with this well-maintained 4-bedroom, 1-bath single-family colonial, currently leased at $875/month through a fully subsidized Section 8 program. The current tenant has been in place for over 10 years and takes exceptional care of the property, offering stable, guaranteed income and minimal turnover risk. Built in 1926, the home features 1,436 square feet of living space, a full unfinished basement (660 sq ft), and a 2-car detached garage built in 1961. The property has a gable asphalt-shingle roof, forced-air heating, and central air conditioning. Located on a quiet residential street in a strong rental market with access to public transportation, schools, and local amenities. Ideal for buy-and-hold investors seeking dependable cash flow with a long-term tenant in place.
Full Property Details
Full Property Details for 19031 Monterey Ave
General
- Sold For: $89,900
- Taxes: $2,959 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5158327
- Added to Site: 168 day(s) ago
Interior
- Number of Rooms: 7
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Garage
Location
- County: Cuyahoga
- Township: Euclid
- Subdivision: Renwood
- Driving Directions: From downtown Cleveland, take I-90 East to the Euclid Avenue exit. Head south on Euclid Avenue, then turn left onto Monterey Avenue. The property will be on your right shortly after.
- Direction Faces: South
School Information
- Elem School District: Euclid CSD - 1813
- Midd School District: Euclid CSD - 1813
- High School District: Euclid CSD - 1813
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,436
- Living Area: 1,436 Sq. Ft.
- Finished Above Grnd: 1,436 Sq. Ft.
- Year Built: 1926
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1056
- Lot Size: .1056
- Lot Size Source: Assessor
- Lot Dimensions: 40 x 115
Financial Considerations
- Tax Amount: $2,959.62
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 17-14 RENWOOD 0048 ALL
- Property ID: 641-14-083
Listed by Progressive Urban Real Estate Co, Oliver Moreau
Sold by Keller Williams Greater Metropolitan, Alexys Jones
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Schools
Schools serving 19031 Monterey Ave
School District:Euclid City School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Euclid, OH 20400 Arbor Avenue, Euclid, OH 44119 | 1-5 | 0.4 mi |
Euclid Schools Early Learning Center 27000 Elinore Avenue, Euclid, OH 44132 | PK-K | 2.9 mi |
Euclid Central Middle School 22555 Tracy Avenue, Euclid, OH 44123 | 6-8 | 1.2 mi |
Euclid High School 711 East 222nd Street, Euclid, OH 44123 | 9-12 | 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 19031 Monterey Ave
Date
Details
Price
Change
Source
11/13/2025
Sold
$89,900
—
MLS
10/16/2025
Listed
$89,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
19031 Monterey Avenue, Euclid, OH 44119 (MLS# 5158327) is a Single Family property that was sold at $89,900 on November 13, 2025. Want to learn more about 19031 Monterey Avenue? Do you have questions about finding other Single Family real estate for sale in Euclid? You can browse all Euclid real estate or contact a Coldwell Banker agent to request more information.
