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724 E 133rd St, Cleveland, OH, 44110

3beds
2baths
1,184sqft
$87,900
$74price/sqft
$969/moest. monthly cost
$38,760/yrincome needed

About This Home

No wholesalers. No Seller financing. No low ball offers. This cash-flowing single-family home is a strong addition to any investor’s portfolio, offering immediate income and long-term upside! Featuring 3 bedrooms and 1.5 bathroom, the home includes a spacious living room, a functional kitchen with an adjoining dining area, and a basement providing additional storage or value-add potential. The property has been updated with newer flooring throughout, giving it a clean, low-maintenance interior that appeals to tenants. Currently tenant-occupied at $1,300 per month on a 12-month lease through May 2026, offering reliable cash flow from day one. Conveniently located in Cleveland, the property offers easy access to major roads, public transportation, shopping, dining, and everyday amenities, making it a desirable and practical location for tenants. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to expand your rental portfolio or secure a performing asset with immediate returns, this opportunity checks all the boxes! Schedule your showing now!

Getting Around

17
WalkingCar-Dependent
39
TransitSome Transit
33
BikeSomewhat Bikeable

Schools

5/10
East Clark SchoolGrades PK-90.7 mi
2/10
Collinwood High SchoolGrades 3,9-121.0 mi
5/10
Memorial SchoolGrades PK-81.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: In Bathroom

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 1,184

Heating & Cooling

  • Heating features: Hot Water,Steam
  • Cooling features: None

Interior Area

  • Total structure area: 1,184
  • Total interior livable area: 1,184 sqft

Property

Details

  • Parcel number: 11202036

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,401 sqft

Parking

  • Parking features: Driveway

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

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

MonthlyAnnual
Mortgage $444$5,328
Home Insurance *$194$2,328
Property Taxes $138$1,656
Electricity $193$2,320
Total$969$11,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,222/yr
40% on housing$29,070/yr
45% on housing$25,840/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

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.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$74This listing

vs Other Active Listings

Avg $/sqft

ZIP 44110$49
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44110$59
Cuyahoga County$144

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)

Price History

DateEventPrice
2026-04-07Price change$87,900
2025-09-29Pending sale$79,000
2025-09-26Sold$71,000
2025-08-21Contingent$79,000
2025-08-14Listed for sale$79,000
2025-08-08Contingent$79,000
2025-08-02Listed for sale$79,000
2025-05-29Listing removed$1,300
2025-05-17Listed for rent$1,300
2024-06-19Listing removed--
2024-03-19Listed for sale$29,900
2022-06-15Listing removed--
2022-05-24Listed for sale$75,000
2017-07-13Sold$60,000
2017-04-18Price change$9,500
2017-02-24Price change$12,500
2017-02-04Listed for sale$14,900
2008-05-02Sold$4,000
2007-09-19Sold$36,667
2004-08-19Sold$95,000
2001-06-15Sold$64,900
1998-10-28Sold$24,000

For Sale by Agent

AgentMichael Azzam
BrokerageRE/MAX Haven Realty

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