723 E 165th Street, Cleveland, OH, 44110

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$120,000
86 Days On Site

723 E 165th Street
Cleveland, OH 44110

For Sale|Single Family Residence|Active Under Contract
5
Beds
2
Total Baths
2
Full Baths
1900
Built
Subdivision:
Gund
County:
Cuyahoga
Call Now: 330-440-3253
Is this the listing for you? We can help make it yours.
330-440-3253
723 E 165th Street723 E 165th Street723 E 165th Street723 E 165th Street
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**TURNKEY CASH-FLOW OPPORTUNITY – INVESTOR ALERT!** Don't miss this income-producing **5-bedroom, 2-bath Colonial** offered at **$120,000**. Currently generating **$1,500 per month** in rental income (**$18,000 annually**), this property offers immediate cash flow with the potential for long-term appreciation. Completely renovated in **2024**, this investment features significant capital improvements, including a **new roof, windows, flooring, furnace, hot water tank, updated plumbing, and electrical systems**—helping reduce future maintenance expenses and protect your investment. At this price point, investors have the opportunity to acquire a stabilized asset with strong income potential. Run your numbers to evaluate the property's **cap rate**, **cash-on-cash return**, and overall return on investment based on your financing strategy and operating expenses. The spacious five-bedroom floor plan appeals to a broad tenant pool and may offer **future rent growth** as market conditions allow. With major updates already completed, this property provides a solid foundation for dependable cash flow while offering the potential to build equity over time. Whether you're expanding an established portfolio or purchasing your next rental property, this is an opportunity to secure a renovated, income-producing asset at an attractive price. Being sold as-is.

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Listing Snapshot
Price 
$120,000
Days On Site 
86 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.164 Acres
Year Built 
1900
MLS® Number 
5226909
Status 
Active Under Contract
Property Tax 
$1,225
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active Under Contract
a week agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.164
Disclosures 
Principal Is Real Estate Licensed
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Driveway
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Style 
Colonial
Water Source 
Public
Interior Features
Basement 
Unfinished
Heating 
Forced Air
Main Level Bedrooms 
2
Bathroom 
Dimensions - ND x NDLevel - First
Bedroom 
Dimensions - ND x NDLevel - Second
Kitchen 
Dimensions - ND x NDLevel - First
Laundry 
Dimensions - ND x NDLevel - First
Living Room 
Dimensions - ND x NDLevel - First
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Exterior Features
Construction Details 
Vinyl Siding
Roof 
AsphaltFiberglass
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Financing Terms Available 
CashConventionalFHA
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Crystal R Williamson of BHR & Associates



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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