USAOHCleveland HeightsMonticello857 Quarry Dr

New

$200,000

For Sale

7 hours ago

857 Quarry Dr, Cleveland Heights, OH

Name: 857 Quarry Dr, For Sale in Cleveland Heights - eXp Realty
Brand: Russell Real Estate Services
SKU: 5224513
Price: 200000 USD

House

MLS® 5224513

2 Bed

1 Bath

960 sqft

2 Parking

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 960 sqft

Garage Yes

Taxes $3,613

Days Active 0

Lot Size 0.1194 Acres

Approx. Age 1942

Avg. Price Per Sqft $208

MLS® Number 5224513

Property Address: 857 Quarry Dr, Cleveland Heights, OH, 44121-2037

Average square foot calculated using Size range provided by listing agent.

Description

Priced at $200, 000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3, 200, 000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33, 685/month in scheduled rental income ($404, 220 annually). Based on provided income and property taxes, the portfolio produces approximately $344, 121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: • 16 Single-Family Rental Homes • $33, 685/month rental income • $404, 220 gross annual income • Approx. 10.75% cap rate based on provided rent roll • Stabilized tenant base • Renovated and income-producing assets • Strong Cleveland suburban rental markets • Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!

MLS® Number5224513

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1942

Basement

DrivewayDriveway, Detached, Garage

Garage Spaces

HeatForced Air, Gas

A/CCentral Air, Ceiling Fans

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 3, 2026List Date

$200,000List Price

Nov 1, 2025End Date

$90,000Sold Price

Sold

Oct 8, 2025List Date

$99,000List Price

Home Appraisal

This property is estimated to sell between: $167,000 and $217,000.

Similar properties in this area sold on average for: $167,186

Expected to sell in 36 days. Similar properties sold in 36 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address

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