#5134332, Shoshana Socher, Listing office: Keller Williams Greater Metropolitan
$145,000 List price
18707 Shawnee Ave Cleveland, OH 44119
3 beds
2 full
1,004 sqft
0.1 acres
$144 / sqft
House
Property details
About 18707 Shawnee Ave
ATTENTION INVESTORS: TURNKEY SECTION 8 CASH COW — $1,635/MO WITH MORE UPSIDE! — CLEVELAND TAXES, HIGH EUCLID RENTS, EXCELLENT DSCR This property is a major cashflow performer, currently generating $1,635/mo — $1,494 fully covered by CMHA Section 8, plus an additional $141/mo in garage rent paid directly by the tenant with an increase in sight! Already submitted. Government-backed income, 100% split (CMHA pays 100%), with no tenant portion risk. Property is fully stabilized with long-term happy tenant, and producing a massive DSCR even at today’s interest rates. Massive ratio! Located just blocks from Euclid, it benefits from higher Euclid-level rents while paying lower Cleveland taxes without Euclid POS — maximizing net yield. Property is on a clean, quiet, high-rental-demand street where rentals move quickly and stay full, near banks, restaurants, shops and grocery store. Walk to any of them. Rent it for the cashflow, or buy it as an owner. Many houses on this street are owner occupied! Turnkey, perfect for investors looking to start with no vacancy down time. Big rehab includes: restored hardwood floors, new kitchen flooring, fresh paint, brand new appliances, sink and hardware, and overall refresh, along with a nice fenced-in backyard. Dry basement offers value-add potential to add 1–2 bedrooms and increase rent significantly. likely increase in rent of $500/mo with two additional basement bedrooms. PRIME AREA! LEAD BASE PAINT TESTING COMPLETE AND PASSED! Fully rehabbed, rent-stabilized, excellent tenant, well maintained, low-maintenance asset, high-demand. Strong lease is transferrable and very owner-protective. Excellent DSCR ratio and investment! PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings."
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,004 sqft
BasementYes
Lot size0.1148 Acres
Year built1940
ParkingDetached, Garage
MLS #5134354
Garage2 spaces
FireplaceWood Burning
Summary
- Full Bathrooms: 2
- Appliances: Range, Refrigerator
- Basement: Yes
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached, Garage
- Exterior: Deck, Patio
- Architectural Style: Split Level
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $145,000
- Price/SqFt: $144
- Annual Tax Amount: $1,582
- Tax Year: 2023
- Directions: I-90 E to E 185th St. Take exit 182A from I-90 E 9 min (9.6 mi) Continue on E 185th St. Drive to Shawnee Ave/Wendon Ct
- Year Built: 1940
- Stories: 2
- Living Area: 1,004 SqFt
- Lot Size: 0.1148 Acres
- MLS Number: 5134354
- MLS Name: NOWDD
- Office Name: Team Results Realty
- Office Email: scottamarvin@gmail.com
- Listing Agent: Scott A Marvin
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: 7/20/2025, 12:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 13, 2024 | Home Sold | $86,700 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $20,410 | $1,582 |
| 2022 | $20,410 | $1,573 |
| 2021 | $20,410 | $1,558 |
| 2020 | $17,890 | $1,580 |
| 2019 | $17,890 | $1,463 |
| 2018 | $17,890 | $1,458 |
| 2017 | $20,480 | $1,688 |
History based on county public records data.
Nearby schools
4
Bella Academy of Excellence
Public Charter KG-6
0.2 mi
•19114 Bella Dr
4
Arbor Elementary School
Public District 1-5
0.8 mi
•20400 Arbor Ave
6
Chardon Hills STEM School
Public District 1-5
1.7 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 $38,929. 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. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
44%
<35k
55%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
58%
Single, No Kids
15%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Stein Mart
Big Lots
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 18707 Shawnee Ave
The listing price of 18707 Shawnee Ave property is $145,000.
The property 18707 Shawnee Ave is a house located in Cleveland, Ohio, 44119.
Active Listing: 18707 Shawnee Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 18707 Shawnee Ave are: Bella Academy of Excellence (GreatSchools Rating 4/10), Arbor Elementary School (GreatSchools Rating 4/10), Chardon Hills STEM School (GreatSchools Rating 6/10), Lakeshore Intergenerational School (GreatSchools Rating 5/10), Oliver H. Perry School (GreatSchools Rating 3/10), Noble Academy-Cleveland (GreatSchools Rating 4/10), Euclid High School (GreatSchools Rating 3/10), Ginn Academy (GreatSchools Rating 3/10), Collinwood High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,582 (source: MLS/based on county public records data).
The last sale was on March 13, 2024 for $86,700 (source: MLS/tax record).
The property at 18707 Shawnee Ave has 3 bedrooms and 2 bathrooms.
The property 18707 Shawnee Ave is 1,004 SqFt (source: MLS/tax record).
The year of construction for 18707 Shawnee Ave is 1940.
This home is located at 18707 Shawnee Ave in Cleveland, OH and zip code 44119 in the North Shore Colinwood neighborhood. This 1,004 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $145,000.
In June 2025, from all listings sold in Cleveland, OH there were more than 306 sold above asking price, over 335 sold below and more than 98 were sold right at the asked price. The number of homes for sale in Cleveland, OH increased by 3.7% between May and June 2025. In June 2025 median list price was $173,756 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.