See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2827 E 119th St, Cleveland, OH, 44120

2beds
2baths
1,092sqft
$99,900
$91price/sqft
$1,014/moest. monthly cost
$40,560/yrincome needed

About This Home

Investors, here’s your chance to own a fully updated, cashflowing section 8 property with strong upside potential. This 2-bedroom, 2-bath home also features a bonus room on the first floor that can easily be converted into a third bedroom to further boost rental income. Currently, the property is generating $1,324 per month. The home is lead certified until 2027, and has undergone significant updates, including a new furnace (2023), hot water tank (2024), electrical (2022), plumbing (2022), updated bathroom (2022), updated kitchen (2022), new flooring (2022), along with additional new flooring installed in the kitchen (2025), and a younger roof. With all major systems recently updated, this property is truly turnkey—offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area, just minutes away from Shaker Square. Don't miss out! Reach out to the listing agent for walkthrough videos.

Getting Around

83
WalkingVery Walkable
48
TransitSome Transit
50
BikeBikeable

Schools

3/10
Harvey Rice Elementary SchoolGrades PK-8,100.4 mi
3/10
Sunbeam PreK-8 SchoolGrades PK-80.6 mi
3/10
Bolton PreK-8 SchoolGrades PK-91.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1910

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Wood Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Level: First
  • Dimensions: ND x ND

Bathroom

  • Level: Second
  • Dimensions: ND x ND

Bedroom

  • Level: Second
  • Dimensions: ND x ND

Bedroom

  • Level: Second
  • Dimensions: ND x ND

Bedroom

  • Level: Second
  • Dimensions: ND x ND

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Bonus Room

  • Level: First
  • Dimensions: ND x ND

Features

  • Finished area above ground: 1,092

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,092
  • Total interior livable area: 1,092 sqft

Kitchen

  • Level: First
  • Dimensions: ND x ND

Living Room

  • Level: First
  • Dimensions: ND x ND

Mud Room

  • Level: First
  • Dimensions: ND x ND

Property

Details

  • Parcel number: 12915016
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,639 sqft

Parking

  • Total spaces: 1
  • Parking features: Driveway,Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $505$6,060
Home Insurance *$159$1,908
Property Taxes $157$1,884
Electricity $193$2,320
Total$1,014$12,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,765/yr
40% on housing$30,420/yr
45% on housing$27,040/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

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 44120$81
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44120$87
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)

No zestimate history available

Price History

DateEventPrice
2026-08-14Pending sale$99,900
2026-07-09Listed for sale$99,900
2026-07-06Pending sale$99,900
2026-06-24Listed for sale$99,900
2025-09-23Sold$80,000
2025-08-15Pending sale$95,000
2025-08-12Listed for sale$95,000
2023-06-05Listing removed--
2023-02-10Price change$91,000
2022-12-04Price change$92,000
2022-02-23Pending sale$44,900
2022-02-22Sold$42,750
2022-02-04Contingent$44,900
2021-12-31Price change$44,900
2021-09-28Listed for sale$48,500
2018-08-17Listing removed$800
2018-07-11Listed for rent$800
2017-12-05Sold$7,000

For Sale by Agent

AgentGabriel Newberry
BrokerageLokal Real Estate, LLC.

Similar Homes