USAOHGarfield HeightsGarfield Pkwy4618 E 88Th St
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$135,000

For Sale

2 days ago

4618 E 88Th St, Garfield Heights, OH

House

MLS® 5236900

4 Bed

1 Bath

--

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $2,021
Days Active 2
Lot Size 0.1102 Acres
Approx. Age 1953
MLS® Number 5236900

Property Address: 4618 E 88th St, Garfield Heights, OH, 44125-1334

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

Description

Strong cash-flow opportunity in Garfield Heights! This 4-bedroom, 1-bath investment property offers a solid combination of existing rental income, desirable features, and upside potential. The home features aluminum siding, vinyl windows, central air, and a partially finished basement providing additional usable space. The property also includes a 2-car detached garage and is situated on a quiet residential street. Best of all, it is already occupied by a long-term CMHA tenant paying $1, 600/month with the tenant responsible for all utilities, providing immediate rental income with minimal turnover risk. At a purchase price of $135, 000, the property offers an attractive entry point for investors looking for strong cash flow. With top-end rents in the 44125 ZIP code reaching approximately $2, 158/month, there is also potential rental upside for the future. Projected numbers show a cap rate exceeding 12% and nearly $700/month in cash flow, making this a compelling opportunity for both seasoned investors and those looking to add a strong-performing rental to their portfolio. Long-term tenant. Strong current rent. Utility responsibility to tenant. 2-car garage. Quiet street. Significant rental upside. This is the type of cash-flowing asset investors look for.
MLS® Number5236900
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1953
Basement
DrivewayDriveway, Detached, Garage
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 15, 2026List Date
$135,000List Price

Home Appraisal

This property is estimated to sell between: $121,000 and $142,000.
Similar properties in this area sold on average for: $121,409
Expected to sell in 42 days. Similar properties sold in 44 days. This home has been on eXp Realty for 2 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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4618 E 88Th St, Garfield Heights, OH

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