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$94,900

8 days ago

1775 Wheeler Ave, East Cleveland, OH

House

7 Bed

2 Bath

2951 sqft

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MLS® 5183665

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2951 sqft
Garage Yes
Taxes $1,797
Days Active 8
Lot Size 0.1764 acres
Approx. Age 1901
Avg. Price Per Sqft $32
MLS® Number 5183665

Property Address: 1775 Wheeler Ave, East Cleveland, OH, 44112-4231

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

Description

Investor Alert – Cash-Flowing Asset with Upside in East Cleveland 1775 Wheeler Ave, East Cleveland, OH 44112 presents a rare opportunity for the savvy investor seeking immediate income with strong value-add potential. This expansive single-family residence offers over 2, 900 square feet, 7 bedrooms, 2 full bathrooms, and a 2.5-car garage, currently operated as a room-rental property and fully occupied, generating over $3, 000 per month in gross rental income. The property is rental-ready today, providing instant cash flow from day one. For investors with a renovation vision, the after-repair value is estimated at $246, 000, creating a compelling upside play in a rapidly evolving market. Strategically located just five minutes from the $60M Circle East Development Project, this asset benefits from proximity to one of the area’s most significant revitalization initiatives, positioning it well for future appreciation and tenant demand. Additional highlights include: • Existing property manager willing to remain in place, ensuring a seamless transition • Ideal for investors seeking hands-off management • Pending POS inspection • Driveway needed, reflected in pricing and upside opportunity Opportunities like this—cash-flowing, value-add, and positioned near major redevelopment—are increasingly difficult to find. Whether you’re expanding your portfolio or securing a high-yield asset in a growth corridor, this property demands immediate consideration. Serious investors only. Properties with income, scale, and future upside do not last.
MLS® Number5183665
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.1764
Exterior
GarageYes
Approx. Age1901
BasementUnfinished
DrivewayDetached, Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 3, 2026List Date
$94,900List Price
  • Commute

Commute

Starting Address
Destination Address
1775 Wheeler Ave, East Cleveland, OH

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