Located at **13509 Edgewood Avenue**, this tenant-occupied investment property offers immediate cash flow with a current rent of **$1,800 per month**, making it an attractive turnkey opportunity for investors looking to add performing assets in Cleveland. With strong rental demand and relatively affordable acquisition prices compared to many U.S. markets, Cleveland continues to be a target market for buy-and-hold investors seeking stable returns. This property benefits from being in a rental-heavy neighborhood where affordable housing and steady tenant demand support consistent occupancy. The broader Cleveland market continues to attract investors because of its **low entry prices, strong rent-to-price ratios, and diverse employment base** including healthcare, manufacturing, and logistics. Major employers such as Cleveland Clinic and other regional institutions help sustain housing demand throughout the metro area. With **tenants already in place and producing $1,800 per month**, this property provides the opportunity for **day-one income**, making it ideal for investors seeking a stable, cash-flowing rental in one of the Midwest's most accessible investment markets.
Listed By
Agency Name: Real Estate Quest, Inc.
Agency Contact: 440-389-3883, rebroker216@gmail.com
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
Estimated Payment
$ 510.02 per month $347.19 Principal & Interest $117.33 Property Tax $45.50 Homeowner's Insurance
13509 Edgewood Avenue | MLS# 5193857
This single family home located at 13509 Edgewood Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $156,000. This property was built in 1920 and has 4 bedrooms and 2 full baths. Edgewood Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.mcrealestateohio.com today.