#5122188, Beth Wallace, Listing office: RE/MAX Real Estate Group
5571 Oakwood Ave Maple Heights, OH 44137
Property details
About 5571 Oakwood 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: 2
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Parking: Driveway, Garage
- Architectural Style: Cape Cod
- Heating: Forced Air
- Cooling: Central Air
- List Price: $133,333
- Price/SqFt: $106
- Annual Tax Amount: $2,761
- Tax Year: 2023
- Directions: Left on Oakwood Ave.
- Year Built: 1953
- Living Area: 1,254 SqFt
- Lot Size: 0.1001 Acres
- MLS Number: 5134310
- 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: 7/2/2025, 8:45:34 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 |
---|---|---|
Nov 16, 2023 | Home Sold | $60,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $27,100 | $2,761 |
2022 | $27,100 | $2,751 |
2021 | $27,090 | $2,182 |
2020 | $20,510 | $1,249 |
2019 | $20,520 | $1,491 |
2018 | $20,520 | $1,481 |
2017 | $19,990 | $1,451 |
History based on county public records data.
Nearby schools
4
Barack Obama School
Public District 4-5
1.5 mi
•5800 Glenwood Ave
3
John F. Kennedy School
Public District 2-3
1.6 mi
•5933 Dunham Rd
4
John Dewey Elementary School
Public District PK-2
2.4 mi
•23401 Emery 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 $37,179. The majority of Maple Heights, OH residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 5571 Oakwood Ave
The listing price of 5571 Oakwood Ave property is $133,333.
The property 5571 Oakwood Ave is a house located in Maple Heights, Ohio, 44137.
Active Listing: 5571 Oakwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5571 Oakwood Ave are: Barack Obama School (GreatSchools Rating 4/10), John F. Kennedy School (GreatSchools Rating 3/10), John Dewey Elementary School (GreatSchools Rating 4/10), Milkovich Middle School (GreatSchools Rating 5/10), Ohio College Preparatory School (GreatSchools Rating 3/10), Columbus Intermediate School (GreatSchools Rating 6/10), Maple Heights High School (GreatSchools Rating 4/10), Bedford High School (GreatSchools Rating 4/10), T2 Honors Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,761 (source: MLS/based on county public records data).
The last sale was on November 16, 2023 for $60,000 (source: MLS/tax record).
The property at 5571 Oakwood Ave has 3 bedrooms and 2 bathrooms.
The property 5571 Oakwood Ave is 1,254 SqFt (source: MLS/tax record).
The year of construction for 5571 Oakwood Ave is 1953.
This home is located at 5571 Oakwood Ave in Maple Heights, OH and zip code 44137. This 1,254 square foot home, which was built in 1953, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $133,333.
While more than 10 listings in Maple Heights, OH in June 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 12 were sold below. In June 2025 in Maple Heights, OH there were 1.9% more homes for sale than in May. While the average time on the market in June 2025 was 32 days, the median list price was $130,000.