515 E 250th Street
Euclid, OH, 44132 $ 124,500
Bedrooms3 Baths1.0 Sq 1,128 Monthly Estimate*
$ 767
for $124,500 with 3 bedrooms and 1 full bath. This 1,128 square foot home was built in 1942 on a lot size of 0.1283.
ATTENTION INVESTORS! Turnkey suburban rental opportunity—avoid Cleveland lead requirements/regulation while securing immediate cash flow/long term appreciation. TENANT OCCUPIED single-family bungalow is a smart addition to any portfolio. Currently rented at $1,250 per month, with tenant paying gas, electric, & lawn care, property delivers income from day one. Home offers 3 bedrooms, 1 full bath, and a full basement for additional storage and long-term flexibility. Recently painted (2022), exterior features low-maintenance aluminum siding, updated dimensional roof, vinyl windows, 1-car detached garage. Inside, you’re welcomed by a bright living room w/refinished hardwood flooring that continues throughout much of the home. Renovated kitchen includes newer cabinetry, granite countertops, plus durable vinyl flooring. Updated full bath showcases tiled tub surround, newer vanity, updated flooring. All bedrooms offer closet space and hardwood floors. Additional improvements include replaced light fixtures, switches, and outlets throughout, an updated electrical panel, newer hot water tank, & younger furnace—helping reduce deferred maintenance concerns. Convenient highway access & proximity to shopping, dining, public transit enhance tenant appeal & retention. Solid structure, strong rental location, and stable occupancy make this a dependable income-producing asset. Cash flow immediately. Serious, qualified investor inquiries only. Please review photos prior to requesting showings. No owner financing or wholesalers.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Negotiable
Roof Asphalt Fiberglass Shingle
Appliances Dishwasher Microwave Range Refrigerator
Garage Spaces 1
Architectural Style Bungalow
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1942
Stories Count 2
Township Euclid
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Burklands
Garage Y/N true
Total Rooms 5
Full Baths 1
Status Active
Directions off E.250th
City Euclid
High School District Euclid CSD - 1813
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 2695
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Euclid CSD - 1813
Elementary School District Euclid CSD - 1813
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description 19-5 BKLAND 0206 ALL
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InteriorBasement Full Unfinished
Total Fireplaces 0
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1128
Half Baths 0
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 752
Main Level Bedrooms 0
Main Level Bathrooms 0
Below Grade Finished Area Source Realist
Above Grade Finished Area Source Realist
Total Baths 1
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ExteriorParking Features Detached Garage
Water Source Public
Lot Size Area 0.1283
Lot Size Acres 0.1283
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded FeaturesList ByChristopher A FrederickListing Agent
Coldwell Banker Schmidt RealtyBroker
thefrederickteam@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $767
- Monthly Property Taxes
- $225
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Euclid, OH
Average List Price $162,268
Percent of Sale Price 30%
About Euclid, OH 49,206 Population
-7% Since 2002
$ 36,591 Median Income
41.56 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457889 Elementary School
4457898 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/25/2026 | $124,500 | | Listed Price |