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5716 Hosmer Avenue Cleveland, OH $ 315,000
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5716 Hosmer Avenue
$ 315,000
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5716 Hosmer Avenue

Cleveland, OH, 44105
$ 315,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,176

5716 Hosmer Avenue, Cleveland, OH 44105 - Image 1

Commercial Property for sale in Cleveland, OH

for $315,000. This building was built in 1900 on a lot size of 0.084.

Incredible investor package featuring 3 fully occupied single-family homes in the highly cash-flowing 44105 ZIP code of Cleveland, OH! This turnkey portfolio is priced at $315,000.00 and delivers immediate, reliable cash flow from day one with a 0.00% vacancy rate. Boasting a massive 13.13% Capitalization Rate and a low 6.60x Gross Rent Multiplier (GRM), this strategic Cleveland package is optimized for maximum return on investment. The portfolio generates a robust Gross Annual Rent of $47,724.00. Overhead is exceptionally low with a streamlined Operating Expense Ratio (OER) of 13.36%, resulting in a strong Net Operating Income (NOI) of $41,347.20. Added stability includes one property backed by guaranteed, reliable CMHA subsidized housing funds, while the remaining homes feature verified net lease structures where tenants absorb 100% of standard utility outlays. This is a rare, low-maintenance asset package perfect for scaling your rental footprint in a strong rental market—add these high-yielding Cleveland homes to your portfolio today!

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Commercial Active

Price

$ 315,000

Property Type

Commercial

Taxes

$ 3,976

Style

Lot Size

0.084

Year Built

1900

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5250100
Features
General
Sewer Public Sewer
Heating Forced Air
Possession Delivery Of Deed
Year Built 1900
Stories Count 1
Township Cleveland
Levels One
Property Subtype Other
Tax Year 2025
Current Use Single Family
Business Type Rental Residential
Additional Parcels Description 132-12-049 131-35-083
HOA Fee 2 3817.92
County Cuyahoga
Net Operating Income 41347.2
Operating Expense 6376.8
Property Type Commercial Sale
Attached Garage false
Subdivision Name Dippel & Pitras Resub
Garage Y/N true
Status Active
Directions 3 Separate Locations
City Cleveland
Disclosures Principal is Real Estate Licensed
High School District Cleveland Municipal - 1809
Zoning Description Residential
Lot Size Units Acres
Tax Annual Amount 3976.8
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Total Actual Rent 47724
Property Sub Type Additional Other
Legal Description 313 D&P 0012 ALL
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Interior
Basement Unfinished
Basement (Y/N) true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Detached Garage
Water Source Public
Lot Size Area 0.084
Lot Size Acres 0.084
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Amanda Turney

Listing Agent

Russell Real Estate Services

Broker

amandahelpsrealestate@gmail.com

Email

Affordability Calculator

$2,507
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,176
Monthly Property Taxes
$331
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4457981 Elementary School
4457986 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2026$315,000 Listed Price

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5716 Hosmer Avenue, Cleveland, OH, 44105 is a Commercial Property for sale at $315,000 with a lot size of 0.084. 5716 Hosmer Avenue was built in 1900. The property's zip code is 44105 which is in Cleveland, OH

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