$926 Closing Credit¹
#5085671, Nicholas R Papas, Listing Office: Keller Williams Chervenic Rlty
$80,000 List price
1334 Penhurst Rd Cleveland, OH 44110
$950
Closing credit¹
2 beds
1 full
734 sqft
0.08 acres
$109 / sqft
House
Property details
About 1334 Penhurst Rd
Attention investors! This fully occupied, turnkey cash flow property is generating guaranteed rent from day one with a long-term, government-subsidized tenant EDEN (similar to CMHA Section 8), paying $1,142 per month—an exceptional 1.43% rent-to-price ratio. Recent capital improvements include a brand-new roof, furnace, hot water tank, electrical panel, and a dry basement—minimizing future maintenance costs. The home is currently a 2-bedroom, 1-bathroom, but with a simple addition of a door, it can be converted into a 3-bedroom value add, increasing rental value and equity. The exterior is low-maintenance with vinyl siding and vinyl windows. Lead inspection passed with certified lab results. With a tenant already in place and no vacancy downtime, this is a true plug-and-play cash flow opportunity.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size734 sqft
BasementYes
Lot size0.078 Acres
Year built1913
ParkingDriveway
MLS #5100743
Summary
- MLS Number: 5100743
- MLS Name: NOWDD
- Office Name: RE/MAX Above & Beyond
- Office Phone: (216) 789-6736
- Office Email: jack@21hillrealestate.com
- Listing Agent: Jack Krusinski
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$80,000
1334 Penhurst Rd
$950
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 13, 2024 | Home Sold | $63,750 |
| May 21, 2018 | Home Sold | $18,000 |
| Jan 13, 2016 | Home Sold | $26,000 |
| Jan 21, 1998 | Home Sold | $16,667 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $6,300 | $488 |
| 2022 | $6,300 | $485 |
| 2021 | $6,300 | $481 |
| 2020 | $6,130 | $541 |
| 2019 | $6,130 | $501 |
| 2018 | $6,130 | $499 |
| 2017 | $7,390 | $624 |
History based on county public records data.
Nearby schools
4
Bella Academy of Excellence
Public Charter KG-6
0.8 mi
•19114 Bella Dr
4
Arbor Elementary School
Public District 1-5
1.6 mi
•20400 Arbor Ave
6
Chardon Hills STEM School
Public District 1-5
1.6 mi
•1455 E 260th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,364. The most common annual income of people living in Cleveland, OH is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
57%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
30%
Single, with Kids
14%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
13%
12-17 yrs old
20%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
White Castle
Golden Corral
Church's Chicken
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Rock
Adult Standards
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1334 Penhurst Rd
This home is located at 1334 Penhurst Rd in Cleveland, OH and zip code 44110 in the Saint Clair Park neighborhood. This 734 square foot home, which was built in 1913, sits on a 0.08 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $80,000.
While more than 139 listings in Cleveland, OH in January 2025 were sold above asking price, there were more than 69 listings sold at asking price, and more than 336 were sold below. The inventory of homes for sale in Cleveland, OH between December and January 2025 decreased by 4.5%. Listings spent 48 days on the market in January 2025, and had a median list price of $169,819 during the same period.
From Rocket Homes Real Estate and based on county public records data.