$1,128 Closing Credit¹
#5082342, Nicole M Garcia, Listing Office: EXP Realty, LLC.
$99,000 List price
3948 E 186th St Cleveland, OH 44122
$1,176
Closing credit¹
3 beds
1 full
0.1 acres
House
Property details
About 3948 E 186th St
**Turnkey Investment Opportunity – 3948 E 186th St, Cleveland, OH 44122** Seize this **high-yield investment property** in one of Cleveland’s most **desirable Section 8 rental zip codes**! This **stabilized, tenant-occupied** home is generating **$1,300 per month** in guaranteed rental income, making it an excellent addition to any investor’s portfolio. ### **Property Highlights:** - **Rental Income:** $1,300/month (tenant in place) - **Desirable Section 8 Area:** Strong demand for rentals ensures long-term occupancy - **Photos Pre-Tenancy:** Showcasing the home’s potential before tenant move-in ### **Versatile Investment Potential:** ? **Cash Flow from Day One** – No downtime, immediate rental income ? **Strong Section 8 Market** – High demand, stable rental payments ? **Multiple Exit Strategies** – Continue renting for passive income or renovate for value appreciation With Cleveland’s rental market continuing to grow, this **turnkey investment** offers **security, cash flow, and future appreciation potential**. **Don’t miss this opportunity—invest today!**
Highlights
Home typeSingle Family Residence
HeatingHot Water, Steam
StatusActive
CoolingCeiling Fan(s)
BasementYes
Lot size0.1435 Acres
Year built1950
ParkingDetached, Garage
MLS #5103453
Garage1 space
Summary
- MLS Number: 5103453
- MLS Name: NOWDD
- Office Name: EXP Realty, LLC.
- Office Phone: (440) 710-4447
- Office Email: nicolegarciatransactions@gmail.com
- Listing Agent: Nicole M Garcia
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: 3/3/2025, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$99,000
3948 E 186th St
$1,176
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 25, 2023 | Home Sold | $3,900,000 |
| May 09, 2016 | Home Sold | $19,109 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $29,580 | $2,293 |
| 2022 | $29,580 | $2,280 |
| 2021 | $29,580 | $2,258 |
| 2020 | $25,270 | $2,232 |
| 2019 | $25,270 | $2,067 |
| 2018 | $25,270 | $2,060 |
| 2017 | $17,580 | $1,486 |
History based on county public records data.
Nearby schools
5
Lomond Elementary School
Public District KG-4
0.6 mi
•17917 Lomond Blvd
6
Fernway Elementary School
Public District KG-4
1.4 mi
•17420 Fernway Rd
5
Onaway Elementary School
Public District PK-4
2.0 mi
•3115 Woodbury Rd
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 $41,440. Residents of Cleveland, OH typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
42%
<35k
50%
35k-100k
8%
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?
57%
Single, No Kids
14%
Single, with Kids
22%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
41%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Popeyes
Little Caesars
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3948 E 186th St
This home is located at 3948 E 186th St in Cleveland, OH and zip code 44122 in the Lee / Harvard neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 2, 2025 and is currently priced at $99,000.
In February 2025 more than 152 listings in Cleveland, OH were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 274 were sold below. The number of homes for sale in Cleveland, OH increased by 0.7% between January and February 2025. The median list price of listings available in February 2025 was $170,020, while the average time on the real estate market was 52 days.
From Rocket Homes Real Estate and based on county public records data.