4234 E 111th St, Cleveland, OH, 44105
About This Home
Great investment opportunity with over $20K per year in rents! This well-maintained single-family home is tenant-occupied with a reliable Section 8 tenant in place, providing immediate and consistent cash flow. Currently renting for $1,708 per month, this property is perfect for investors seeking a turnkey addition to their portfolio. This property easily beats the 1% Rule and 10-Cap benchmarks. Updated throughout and consistently maintained, this home offers a smooth, hands-off investment experience. With a dependable tenant already in place, you can enjoy steady income without the usual startup work. Can be sold as a package deal! (5200280), (5200292), (5200294)
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1918
Materials
- Roof: Shingle
- Construction materials: 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: 5
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 1,380
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,380
- Total interior livable area: 1,380 sqft
Property
Details
- Parcel number: 13625023
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3,850 sqft
Parking
- Total spaces: 1
- Parking features: Driveway,Garage,Off Street,On Street
- 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
- 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 | $556 | $6,672 |
| Home Insurance * | $202 | $2,424 |
| Property Taxes | $173 | $2,076 |
| Electricity | $193 | $2,320 |
| Total | $1,124 | $13,488 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Listed for sale | $130,000 |
| 2026-04-24 | Pending sale | $130,000 |
| 2026-04-10 | Listed for sale | $130,000 |
| 2024-11-06 | Listing removed | $1,400 |
| 2024-09-16 | Listed for rent | $1,400 |
| 2024-09-11 | Listing removed | $1,100 |
| 2024-09-05 | Listed for rent | $1,100 |
| 2024-08-23 | Sold | $40,000 |
| 2014-09-30 | Sold | $7,000 |
| 2010-04-01 | Sold | $8,500 |
| 2008-03-19 | Sold | $4,750 |
| 2007-12-04 | Sold | $33,334 |
| 2003-06-18 | Sold | $40,000 |
| 2003-03-21 | Sold | $38,000 |
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