USAOHClevelandEuclid #1718707 Shawnee Ave
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$139,000

For Sale

A day ago

18707 Shawnee Ave, Cleveland, OH

House

MLS® 5220372

3 Bed

2 Bath

1004 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1004 sqft
Garage Yes
Taxes $1,897
Days Active 1
Lot Size 0.1148 Acres
Approx. Age 1940
Avg. Price Per Sqft $138
MLS® Number 5220372

Property Address: 18707 Shawnee Ave, Cleveland, OH, 44119-2707

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

Description

ATTENTION INVESTORS: TURNKEY SECTION 8 CASH COW IN LAKE CORRIDOR POCKET — $1, 691/MO WITH NEAR-TERM UPSIDE. 18707 Shawnee Ave is a strong income producer in Cleveland’s 44119 lake corridor, now generating $1, 691/mo ($1, 550 CMHA Section 8 plus $141/mo garage rent), and the current tenant becomes eligible to submit for a CMHA rent-increase request around the first week of July, giving the next owner a near-term shot at higher approved rents without changing occupants. Near the Euclid line, it benefits from high Euclid-influenced rent levels while keeping typically lower Cleveland taxes, and sits on a quiet, well-kept residential street where nearby homes are actively rented and units tend to lease quickly and stay full. Additional upside exists if the dry basement is finished and additional rooms are added to the existing bath setup, which could support higher future rent potential (buyer to verify with CMHA and market data). Turnkey rehab work is done: restored hardwoods, new kitchen flooring, fresh paint, brand-new appliances including a new stove, new sink and hardware, cosmetic refresh, fully fenced backyard, and enclosed detached garage that adds appeal and income. Residents have quick access to I-90, Euclid Beach Park, and Euclid Creek Reservation for lakefront and green space, making this pocket attractive to long-term renters. Lead-based paint testing has been completed and passed (report available), and the property delivers strong DSCR as part of a larger stabilized Section 8 portfolio—ideal for investors seeking immediate cash flow with clear, near-term upside drivers already in motion. Do not disturb tenants; 48-hour notice is required prior to showings (after approved offer)
MLS® Number5220372
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1940
BasementFull
DrivewayDetached, Garage
Garage Spaces
HeatForced Air, Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 18, 2026List Date
$139,000List Price
Jan 26, 2024End Date
$86,700Sold Price

Sold

May 6, 2026List Date
$95,000List Price

Home Appraisal

This property is estimated to sell between: $117,000 and $150,000.
Similar properties in this area sold on average for: $117,429
Expected to sell in 20 days. Similar properties sold in 21 days. This home has been on eXp Realty for 1 day.

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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Starting Address
Destination Address
18707 Shawnee Ave, Cleveland, OH

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