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14013 Milverton Rd, Cleveland, OH, 44120

3beds
1baths
2,021sqft
$119,900
$59price/sqft
$1,201/moest. monthly cost
$48,040/yrincome needed

About This Home

ATTENTION INVESTORS! Turnkey Section 8 rental offering strong, reliable cash flow from day one. Updated colonial is tenant-occupied w/quality renter in place through July 2026, generating $1,475 per month (owner responsible for water, sewer, and trash). Situated on a quiet, desirable street in a desirable zip code for quality tenants and long term growth, Solid home features a comfortable layout with large, well-lit rooms designed to attract and retain long-term tenants. Property includes vinyl windows on the first floor, updated furnace, hot water tank, electrictrical box for added peace of mind. Additional highlights include a relaxing front porch, a large 2+ car garage, potential for hardwood floors under some or all of the existing carpet—offering future value-add opportunities. Home has been well maintained and provides a strong foundation for continued rental success. Please note: a recent wind storm displaced a few shingles, which may require minor attention. Excellent opportunity to add a stable, income-producing property to your portfolio in a desirable rental location. Showings after accepted offer only. Do not disturb tenant. No wholesalers. No owner financing. Qualified buyers only.

Getting Around

32
WalkingCar-Dependent
49
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

4/10
Andrew J Rickoff SchoolGrades PK-80.6 mi
3/10
3/10
Charles Dickens SchoolGrades PK-81.1 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1925

Materials

  • Roof: Shingle
  • Construction materials: Wood 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 below ground: 679
  • Finished area above ground: 1,342

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 2,021
  • Total interior livable area: 2,021 sqft

Property

Details

  • Parcel number: 13015010

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,399 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage
  • 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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
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 $606$7,272
Home Insurance *$191$2,292
Property Taxes $188$2,256
Electricity $216$2,601
Total$1,201$14,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,177/yr
40% on housing$36,030/yr
45% on housing$32,026/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

$59This 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)

Price History

DateEventPrice
2026-04-20Listed for sale$119,900
2026-04-09Contingent$119,900
2026-03-19Listed for sale$119,900
2025-05-21Listing removed$1,475
2025-05-13Price change$1,475
2025-04-09Price change$1,275
2025-03-28Price change$1,325
2025-03-04Price change$1,375
2025-02-07Price change$1,400
2025-02-06Price change$1,450
2024-11-13Sold$119,000
2024-11-13Listed for rent$1,550
2024-08-20Pending sale$129,900
2024-07-29Listed for sale$129,900
2024-04-19Listing removed--
2024-02-15Listed for sale$63,000
2024-01-26Contingent$63,000
2023-10-04Listed for sale$63,000
2023-07-19Listing removed$63,500
2023-02-18Listed for sale$63,500
2023-02-17Listing removed$65,900
2023-01-05Pending sale$65,900
2022-06-16Price change$65,900
2022-05-09Listed for sale$68,000
2007-02-21Sold$86,500
2006-01-17Sold$45,000

For Sale by Agent

AgentChristopher A Frederick
BrokerageColdwell Banker Schmidt Realty

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