3 Beds
1 Bath
$114,900
3270 E 118th Street, Cleveland OH, 44120
Built in1923
Property typeResidential
Overview
Active
Listed Sep 30, 2026
Updated 10 days ago
3-Bedroom Investment Property Near Cleveland’s Major Medical Campuses
Turnkey investment opportunity with a tenant already in place! This recently renovated 3-bedroom, 1-bath home offers an attractive combination of updated living space, newer mechanicals, and a convenient Cleveland location.
The home features a comfortable and functional layout with updated finishes throughout, a well-appointed kitchen, spacious bedrooms, and a finished basement providing valuable additional living and recreational space. Recent renovations and newer mechanical systems provide a solid foundation for an investor looking for a property with less immediate capital expenditure.
Location is a major highlight. Situated near Shaker Square, the property provides convenient access to the Cleveland Clinic and University Hospitals main campuses, as well as shopping, dining, public transportation, and major roadways. Downtown Cleveland and its employment, entertainment, and cultural amenities are also just a short drive away.
For investors, the property is currently tenant occupied, providing an opportunity to acquire an income-producing asset from day one. The combination of an established rental, recent renovations, finished basement, and proximity to Cleveland’s major medical and employment centers makes this a property worth adding to your portfolio.
Property Highlights:
* 3 bedrooms
* 1 full bathroom
* Finished basement
* Recently renovated
* Newer mechanical systems
* Tenant currently in place
* Convenient location near Shaker Square
* Close to Cleveland Clinic & University Hospitals
* Easy access to Downtown Cleveland
* Strong proximity to shopping, dining, transportation and major employment centers
* Excellent addition to an existing rental portfolio
Investment opportunity in a highly convenient Cleveland location — schedule your showing today.
$764/mo
Est. mortgage payment based on a $114,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5249567
Interior Features
- Bedrooms
- 3
- Bathrooms
- 1
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.11 Acres
Other Property Details
- Taxes
- $1,676
- Tax Frequency
- Annually
- Garage
- Yes
Courtesy of VSD Realty, LLC.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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