Home for Sale at 990 E 129th Street in Cleveland, OH for $115,000

990 E 129th Street | Cleveland

Fully renovated Cleveland investment property offering immediate cash flow, long-term tenant stability, and an estimated 9% cap rate. Property is Lead Safe Certified as-is. \r\n\r\nThis tenant-occupied single-family rental is leased through 3/26/27 at $1,300/month, with the tenant responsible for gas, electric, water, sewer, and trash. Key capital improvements have already been completed, including a newer furnace and water heater, helping limit near-term maintenance concerns.\r\n\r\nWith updated finishes, reliable rental income, and a lease already in place, this property is a strong fit for investors seeking a cash-flowing Cleveland rental, turnkey single-family investment, or portfolio addition in the 44108 market. Convenient access to major highways, shopping, schools, and local amenities supports long-term rental demand.\r\n\r\nProfessional property management resources are available for remote investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors.\r\n\r\nFinancials and lease available upon request. Schedule your showing today. MLSNow 5212178

Directions to property: Lakefront Ave \u0026 E 129th St