#5101080, Violetta Varenkova, Listing office: IIP Management, LLC.
16241 Glenburn Ave Maple Heights, OH 44128
Property details
About 16241 Glenburn Ave
Looking to add high-performing, cash-flowing real estate to your portfolio in one of Ohio’s most dependable rental markets? This 21-property (23-unit) portfolio across Cuyahoga County is fully tenant-occupied and generating strong returns. With properties spread across 11 zip codes, you’ll gain exposure to a diverse mix of neighborhoods, rent ranges, and asset types—offering both stability and upside. Highlights: Consistent Cash Flow: All units are occupied and performing. Generating over $375,000 gross income annually. Gross Monthly Rent = $31,335. Gross Monthly Rent Per Unit = $1,362. Average Price Per Property = $133,333. Geographic Diversity: Spread across East and West Cleveland in 11 zip codes. Asset Mix: Combination of single-family and small multifamily homes—ideal for long-term appreciation and steady income. Tenant Type: 13 market-rate units and 10 subsidized (Section 8 & Eden). Upgraded Portfolio: Over $600K in cosmetic and mechanical improvements in the last two years—averaging $26K per unit. Professionally Managed: Minimal headaches, turnkey ready. Perfect for: Turnkey investors seeking immediate income from day one. Buyers wanting diversified exposure across Cleveland’s rental submarkets. Portfolio builders bundling performing properties in strong cash flow areas. Interested in a breakdown of rents, expenses, and cap rates? Let’s connect.
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Garage
- Architectural Style: Ranch
- Heating: Forced Air
- Cooling: Central Air
- List Price: $133,333
- Price/SqFt: $138
- Directions: Left on Glenburn Ave.
- Year Built: 1956
- Stories: 1
- Living Area: 962 SqFt
- Lot Size: 0.1722 Acres
- MLS Number: 5134317
- MLS Name: NOWDD
- Office Name: Keller Williams Greater Metropolitan
- Office Phone: (216) 255-7377
- Office Email: shoshana@thesocherteam.com
- Listing Agent: Shoshana Socher
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/29/2025, 1:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$133,333
16241 Glenburn Ave
$1,583
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Price information
Property sales
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Tax history
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Nearby schools
3
William Foster Elementary School
Public District PK-5
1.5 mi
•12801 Bangor Ave
2
Smart Academy
Public Charter KG-4
1.7 mi
•4351 E 131st St
4
Barack Obama School
Public District 4-5
1.8 mi
•5800 Glenwood Ave
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 $35,962. Most Maple Heights, OH residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 16241 Glenburn Ave
The listing price of 16241 Glenburn Ave property is $133,333.
The property 16241 Glenburn Ave is a house located in Maple Heights, Ohio, 44128.
Active Listing: 16241 Glenburn Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16241 Glenburn Ave are: William Foster Elementary School (GreatSchools Rating 3/10), Smart Academy (GreatSchools Rating 2/10), Barack Obama School (GreatSchools Rating 4/10), Citizens Academy Southeast (GreatSchools Rating 4/10), Milkovich Middle School (GreatSchools Rating 5/10), Robert H. Jamison Leadership Academy (GreatSchools Rating 3/10), Maple Heights High School (GreatSchools Rating 4/10), T2 Honors Academy (GreatSchools Rating 3/10), John F. Kennedy High School (GreatSchools Rating 2/10).
The property at 16241 Glenburn Ave has 3 bedrooms and 1 bathroom.
The property 16241 Glenburn Ave is 962 SqFt (source: MLS/tax record).
The year of construction for 16241 Glenburn Ave is 1956.
This home is located at 16241 Glenburn Ave in Maple Heights, OH and zip code 44128. This 962 square foot home, which was built in 1956, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $133,333.
Maple Heights, OH housing market in May 2025 saw over 10 listings sold above listed price, more than 2 sold at listed price and over 14 sold below. The number of listings in Maple Heights, OH increased by 4.7% between April and May 2025. Listings spent 30 days on the market in May 2025, and had a median list price of $129,166 during the same period.