685 E 131st St, Cleveland, OH, 44108
About This Home
Investor Alert! Don't miss this turnkey investment opportunity at 685 E. 131st Street, Cleveland, OH 44108. This updated 3-bedroom, 1-bath home offers approximately 1,205 square feet of living space and is positioned in a strong rental market with consistent demand. What makes this opportunity stand out? The seller is willing to place a Section 8 tenant prior to closing, providing the potential for immediate cash flow and a streamlined path to rental income from day one. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a performing asset, this property checks all the boxes. Recent updates, strong rental potential, and the opportunity for guaranteed rental income make this a compelling addition to any investment strategy. Opportunities like this don't last long—schedule your showing today and secure your next cash-flowing asset before it's gone!
Getting Around
Car-Dependent
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1918
Materials
- Roof: Asphalt
- Construction materials: Aluminum Siding,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area above ground: 1,205
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,205
- Total interior livable area: 1,205 sqft
Property
Details
- Parcel number: 11009006
- Special condition: Standard
Features
- Levels: Three Or More
Lot
- Lot size: 5,105 sqft
Parking
- Total spaces: 2
- Parking features: Driveway,Detached,Garage,On Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $505 | $6,060 |
| Home Insurance * | $247 | $2,964 |
| Property Taxes | $157 | $1,884 |
| Electricity | $193 | $2,320 |
| Total | $1,102 | $13,224 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-26 | Price change | $100,000 |
| 2026-06-12 | Listed for sale | $110,000 |
| 2022-11-09 | Listing removed | -- |
| 2022-05-13 | Pending sale | $34,900 |
| 2022-02-06 | Contingent | $34,900 |
| 2022-01-18 | Listed for sale | $34,900 |
| 2022-01-03 | Contingent | $34,900 |
| 2021-12-20 | Price change | $34,900 |
| 2021-11-12 | Listed for sale | $39,999 |
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