E 135TH ST CLEVELAND 44120 VALUE ADD OPPORTUNITY!! 4 BED SINGLE FAMILY + FINISHED ATTIC | VACANT DELIVERY

4 Beds / 1 Baths • 1,314 SqFt
Offer Submission Deadline
  • Single Family House
  • 4
  • 1
  • 1930
  • 1314
  • 1314
  • Detached Garage

Description

This 4-bedroom single-family property with a finished attic presents a strong value-add opportunity for investors targeting co-living, long-term rental, or resale upside. Offered at $87,000 and $135,000 ARV, this deal leaves room for multiple profitable exit strategies. Comparable values in the immediate 44120 pocket support the ARV range.

The current ownership has successfully operated the home as a co-living rental setup, previously renting 2 bedrooms on the main floors and 2 additional bedrooms in the finished attic, maximizing room-by-room income potential. The seller plans to deliver the property fully vacant at closing, giving the next investor a clean slate to reposition, renovate, and optimize rents from day one.

Located in a consistent rental-demand pocket on Cleveland’s east side, this asset is ideal for investors looking to capitalize on the growing demand for affordable shared housing and workforce rentals, while also maintaining the option for a traditional single-family resale.

Vacant delivery + strong room-rental potential + clear rehab spread = a deal that will move fast.

Estimated Spread

  • ARV $135,000
  • Price $87,000
  • Spread $48,000