USAOHClevelandShaker Lee16816 Talford Ave
Listing image | Image 1

16816 Talford Ave, Cleveland, OH

House

For Sale

Listed price in listed location currency (USD).
$175,000

522

MLS® 5220358

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1388 sqft
Garage Yes
Taxes $3,025
Days Active 4
Lot Size 0.1291 Acres
Approx. Age 1942
Avg. Price Per Sqft $126
MLS® Number 5220358

Property Address: 16816 Talford Ave, Cleveland, OH, 44128-1428

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

Description

ATTENTION INVESTORS: TURNKEY SOUTHEAST CLEVELAND SECTION 8 CASH COW — $1, 925/MO WITH UPSIDE. This strong performing SFH at 16816 Talford Ave is rented at $1, 925/mo through CMHA Section 8 with 100% subsidy and no tenant portion, delivering guaranteed government-backed income in a southeast Cleveland pocket (near the Heights without the extra taxes) where median rents in 44128 run above many nearby zips and demand for single-family rentals is solid. Located on Talford Ave, a tree-lined street of well-kept colonials with long-term owners and recent retail-quality sales nearby, the home sits in one of the more attractive blocks of 44128, helping units lease quickly and stay full. Major CapEx has already been handled, including a complete brand-new sewer system from basement to street (about $20, 000, fully permitted and approved by the City of Cleveland) plus a new electrical panel (old Federal Pacific panel removed), refinished hardwoods, updated bath, full interior repaint, refreshed bedrooms and basement, and a large rear patio on a high-visibility corner lot—plug-and-play for the next owner. A rent-increase request has already been submitted to CMHA. Cleveland’s Southeast Side Promise and other targeted initiatives are driving reinvestment into this area, adding support for long-term value and neighborhood stability around streets like Talford. Lead-based paint testing has been completed and passed (report available), and the property is part of a larger stabilized Section 8 portfolio, making it an ideal acquisition for both first-time and seasoned investors looking for clean numbers, low CapEx risk, and a straightforward high-cashflow hold. Do not disturb tenants; 48-hour notice is typically required for showings, often after accepted offer.
MLS® Number5220358
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1942
BasementConcrete
DrivewayDetached, Garage
Garage Spaces
HeatForced Air, Gas
A/CNone

Extras

Rooms

Change to metres

Family Room:First FloorND x ND
Kitchen:First FloorND x ND
Laundry:Lower LevelND x ND
Dining Room:First FloorND x ND
Living Room:First FloorND x ND
Bedroom 1:Lower LevelND x ND
Bedroom 1:First FloorND x ND

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$175,000List Price
Jul 17, 2024End Date
$95,880Sold Price

Sold

Jul 15, 2024List Date
$99,900List Price

Home Appraisal

This property is estimated to sell between: $161,000 and $182,000.
Similar properties in this area sold on average for: $161,145
Expected to sell in 64 days. Similar properties sold in 68 days. This home has been on eXp Realty for 4 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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16816 Talford Ave, Cleveland, OH

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