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1848 Stanwood Road East Cleveland, OH $ 124,900
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$ 124,900 Get more info
1848 Stanwood Road
$ 124,900
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1848 Stanwood Road

East Cleveland, OH, 44112
$ 124,900
Bedrooms4 Baths1.0 Sq 1,894

Monthly Estimate*

$ 769

1848 Stanwood Road, East Cleveland, OH 44112 - Image 1

Single Family Home for sale in East Cleveland, OH

for $124,900 with 4 bedrooms and 1 full bath. This 1,894 square foot home was built in 1899 on a lot size of 0.1286.

Presenting a cash-flowing investment opportunity—a 1,894 sq. ft. Colonial-era (1899) home with a long-term, month-to-month Section 8 tenant already in place. This 4-bedroom, 1.5-bath property generates 1,450/mo. in gross rent. CMHA(Section8) currently covers 1,190/mo. of that amount, with the tenant responsible for the remaining amount. While not fully subsidized, the majority of rent is guaranteed by the housing authority, reducing collection risk compared to traditional market-rate tenants. The asset features a durable slate roof, central A/C, replacement vinyl windows throughout most of the home, and a full unfinished basement for storage or future value-add. The property has undergone significant electrical, plumbing, bathroom, kitchen, HVAC, and interior/exterior repairs. The tenant wishes to remain, and is on a month-to-month lease, giving you flexibility. With a detached 2-car garage and solid bones.

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Single Family Active

Price

$ 124,900

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 1,130

Style

Lot Size

0.1286

Year Built

1899

Town/City

East Cleveland

County/Region

Cuyahoga

MLS | Web ID

5210226
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Slate
Garage Spaces 2
Architectural Style Colonial
Construction Materials Aluminum Siding
Year Built 1899
Stories Count 3
Township Cleveland
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Grasmere Allotment
Facing Direction North
Garage Y/N true
Total Rooms 11
Full Baths 1
Status Active
Directions From I-90 East or West (take Exit 177B – E. 152nd St / Saint Clair Ave): Take Exit 177B toward E. 152nd St / Saint Clair Ave Turn right onto E. 152nd St (heading south) Go 0.3 miles turn left onto Saint Clair Ave (eastbound) Go 0.2 miles turn right onto Stanwood Rd Destination will be on your right in 0.1 miles From I-90 East only (alternate – Exit 178B – E. 185th St): Take Exit 178B for E. 185th St south Follow E. 185th St for 0.5 miles Turn right onto Saint Clair Ave Go 0.4 miles turn left onto Stanwood Rd Destination on your right in 0.1 miles
City East Cleveland
High School District East Cleveland CSD - 1812
Lot Size Units Acres
Carport Y/N false
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1130.98
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District East Cleveland CSD - 1812
Elementary School District East Cleveland CSD - 1812
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description 45 GRASMERE 0060 ALL
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Interior
Basement Unfinished
Total Fireplaces 1
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1894
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 0
Main Level Bathrooms 0
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Total Baths 1
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Exterior
Fencing Back Yard Fenced
Parking Features Driveway Garage Off Street
Water Source Public
Lot Size Area 0.1286
Foundation Details Block
Lot Size Acres 0.1286
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Christopher Walling

Listing Agent

Red 1 Realty, Llc

Broker

realtorwalling@gmail.com

Email

Affordability Calculator

$863
Per Month
89%
11%
0%
Monthly Principal & Interest
$769
Monthly Property Taxes
$94
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.
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Nearby
4458290 Elementary School
4458293 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/26/2026$124,900 Listed Price

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1848 Stanwood Road, East Cleveland, OH, 44112 is a Single Family Home for sale at $124,900 with 1,894 sqft and a lot size of 0.1286. 1848 Stanwood Road has 4 bedrooms, 1.0 baths, and was built in 1899. The property's zip code is 44112 which is in East Cleveland, OH

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