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$108,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 949 Sq. Ft.
  • 0.0956 Acres
  • Updated 3 days ago
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This cash-flowing investment property in Maple Heights offers a great opportunity for both new and seasoned investors. Featuring 2 bedrooms, 1 bathroom, and approximately 949 sq ft of living space, this home is currently tenant occupied with a Section 8 tenant paying $1,600 per month, providing immediate rental income from day one. The property includes a functional layout, spacious bedrooms, and a basement for additional storage. Conveniently located near Maple Heights High School, shopping, parks, and very close to i-480, this property is positioned in a strong rental market with consistent tenant demand. Whether you are looking to expand your portfolio or secure a stable income-producing property, this home offers solid cash flow potential and long-term upside.

Full Property Details for 5462 Grasmere Ave

General

  • Price: $108,000
  • Taxes: $2,290 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 505
  • MLS ID: 5212656
  • Updated: 5/22/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 5
  • Number of Fireplaces: 1

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Main: 1

Parking

  • Parking Features: Driveway

Location

  • County: Cuyahoga
  • Township: Maple Heights
  • Subdivision: Maple Boro Park Allotment 02
  • Driving Directions: Off of Broadway ave to Grasmere

School Information

  • Elem School District: Maple Heights CSD - 1818
  • Midd School District: Maple Heights CSD - 1818
  • High School District: Maple Heights CSD - 1818

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Cape Cod
  • Construction: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt, Shingle
  • Square Feet: 949
  • Living Area: 949 Sq. Ft.
  • Finished Above Grnd: 949 Sq. Ft.
  • Year Built: 1926
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.0956
  • Lot Size: .0956
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $2,290
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: 13 MAPLEBORO#2 &S/L125 SWP 0124 NEP
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 781-18-088

Listed by Cleveland Property Management Group, LLC., Rakesh Baniya

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Listing agent

— 5462 Grasmere Ave —

  • Rakesh Baniya

    Cleveland Property Management Group, LLC.

rbaniya@clevelandpropertymanagement.com, 440-901-7145

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5462 Grasmere Ave

School District:Maple Heights City School District
NameGradesDistance
Barack Obama Elementary School
5800 Glenwood Avenue, Maple Heights, OH 44137
4-51.2 mi
Rockside/ J.F. Kennedy School
5933 Dunham Road, Maple Heights, OH 44137
2-31.2 mi
Abraham Lincoln School
6009 Dunham Road, Maple Heights, OH 44137
PK-11.3 mi
Milkovich Middle School
19800 Stafford Avenue, Maple Heights, OH 44137
6-81 mi
Maple Heights High School
1 Mustang Way, Maple Heights, OH 44137
9-120.2 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 5462 Grasmere Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$108,000
79.49%
MLS
5/17/2019
Sold
$60,170
—
Public Record
Get Price Alerts and Save Property
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 for 5462 Grasmere Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,177
-14%
$26,680
52%
2023
$2,538
29%
$17,610
—
2022
$1,973
-6%
$17,610
—
2021
$2,102
45%
$17,610
32%
2020
$1,453
-19%
$13,340
—
2019
$1,793
1%
$13,340
—
2018
$1,783
-10%
$13,340
10%
2017
$1,987
-25%
$12,150
—
2016
$2,656
114%
$12,150
—
2015
$1,241
-6%
$12,150
-9%
2014
$1,315
8%
$13,340
—
2013
$1,217
—
$13,340
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Cleveland Property Management Group, LLC., Rakesh Baniya

5462 Grasmere Avenue, Maple Heights, OH 44137 (MLS# 5212656) is a Single Family property with 2 bedrooms and 1 full bathroom. 5462 Grasmere Avenue is currently listed for $108,000 and was received on May 22, 2026. Want to learn more about 5462 Grasmere Avenue? Do you have questions about finding other Single Family real estate for sale in Maple Heights? You can browse all Maple Heights real estate or contact a Coldwell Banker agent to request more information.

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