18315 Marcella Road Cleveland, OH 44119
Listing Courtesy of: MLS LogoYES MLS / Listed By: Adrian Frederick III, Coldwell Banker Schmidt Realty; Christopher Frederick, Schmidt Realty - Contact:  afredericksold@gmail.com, 216-469-4854

  18315 Marcella Road Cleveland, OH 44119

Active (175 Days)
$109,500 (USD)
3
BED
1
BATH
2,204
SQFT

Description

NEW REDUCED PRICE! ATTENTION INVESTORS! TURNKEY, TENANT-OCCUPIED COLONIAL GENERATING $1,250 PER MONTH ($15,000 ANNUALLY) IN RENTAL INCOME! Fantastic opportunity to expand your investment portfolio with this spacious 3-bedroom, 1-full-bath Colonial offering immediate rental income from day one! Property features an established tenant already in place paying $1,250 per month (not Section 8), providing consistent income without the hassle of finding a new renter. This attractive investment offers a spacious, functional floor plan with comfortable living areas and classic Colonial charm, making it an appealing option for long-term rental ownership. The home features 3 generously sized bedrooms, a full bathroom, and a basement providing abundant additional storage and potential for added functionality. Investors will appreciate the combination of an existing income stream, practical layout, and manageable property features, making this an excellent addition to any investment portfolio. Located in an established residential area with rental demand, this property offers an appealing opportunity for investors seeking long-term income and potential appreciation. Whether you're purchasing your first rental property or expanding an established portfolio, this income-producing Colonial offers an opportunity to build long-term wealth through real estate! Don't miss your chance to acquire an affordable investment property with rental income already in place! IMPORTANT: Tenant occupied. Do not disturb tenant. No showings until an accepted offer. Serious, qualified buyers only. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

MLS #:
5256275
Taxes
$2,435(2025)
Lot Size
5,841 SQFT
Type
Single-Family Home
Year Built
1927
Style
Colonial
School District
Cleveland Municipal - 1809
County
Cuyahoga County
Community
City/Cleveland 15

Listed By

Adrian Frederick III, Coldwell Banker Schmidt Realty, Contact: afredericksold@gmail.com, 216-469-4854
Christopher Frederick, Coldwell Banker Schmidt Realty
Source
YES MLS
Last checked Oct 27 2026 at 2:23 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Subdivision
  • City/Cleveland 15
Property Features
  • Fireplace: 0
Heating and Cooling
  • Forced Air
Basement Information
  • Unfinished
Exterior Features
  • Roof: Asphalt
  • Roof: Fiberglass
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Detached
  • Garage
Living Area
  • 2,204 sqft
Additional Information: Schmidt Realty | afredericksold@gmail.com, 216-469-4854
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Disclaimer: Copyright 2026 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being 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. Data last updated 10/27/26 07:23