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Unlock strong investment returns with this well-positioned $142,500

15417 Parkgrove Avenue, Cleveland, OH 44110

3 br, 1.0 ba, 1909 1362 sf
Cuyahoga County
Ad #: 6286018

Lake Home For Sale near Lake Erie - Cuyahoga County

Unlock strong investment returns with this well-positioned 3-bedroom home in Cleveland's dynamic Waterloo Arts District! Located just 4 minutes from Euclid Beach and 13 minutes to downtown, this property offers excellent accessibility to major transit routes and urban attractions, making it a prime location with high rental demand. Key for investors, it is currently occupied at $1,250/month on a month-to-month lease, but presents significant value-add potential as the estimated Section 8 rent for a 3-bedroom in this zip code is approximately $1,400/month, offering immediate rent increase potential. For added flexibility, the property can be delivered vacant with prior notice, allowing you to secure a higher market rent or occupy the property yourself. Investors will appreciate the peace of mind offered by lead certification, a waterproofed basement with a sump pump and glass block windows, and stylish LVP flooring throughout the first floor. Furthermore, this property offers portfolio synergy as it can be acquired as a package deal with the adjacent property at 15421 Parkgrove Ave. This property presents a fantastic opportunity for investors seeking a turnkey asset with clear potential for increased cash flow in an appreciating market. Secure your next investment! Call for your private showing today!

Property Details

  • Beds: 3
  • Baths: 1.0
  • Sq Feet: 1362
  • Year Built: 1909
  • Location: Lake Erie - Cuyahoga County
  • Acres: 0.091
  • County: Cuyahoga County
  • Heat/AC: Natural Gas, Forced Air
  • Garage: Carport
  • Siding: AluminumSiding
  • Roof: Asphalt, Fiberglass
  • Stories: 2
  • Property Taxes: $1,262
  • MLS #: 5130338

Location

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Contact Information:

Contact Agent
Listing Agent: Victoria Wallis, RE/MAX Crossroads, 330-819-8216, 440-331-2870 Listing Site, Listing Status: Active
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Cleveland, Ohio
Ad Number : 6286018
Viewed: 2 times
Added: Jun 10, 2025
Updated on: Aug 07, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.