USAOHMaple HeightsFriend16029 Friend Ave

New

$144,000

For Sale

A day ago

16029 Friend Ave, Maple Heights, OH

Name: 16029 Friend Ave, For Sale in Maple Heights - eXp Realty
Brand: Team Results Realty
SKU: 5190372
Price: 144000 USD

House

MLS® 5190372

3 Bed

1 Bath

950 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 950 sqft

Garage Yes

Taxes $2,492

Days Active 1

Lot Size 0.1359 acres

Approx. Age 1923

Avg. Price Per Sqft $151

MLS® Number 5190372

Property Address: 16029 Friend Ave, Maple Heights, OH, 44137-2839

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

Description

ATTENTION INVESTORS: TURNKEY MAPLE HEIGHTS SECTION 8 CASH COW — $1, 550/MO WITH UPSIDE BUILT IN Hard to find a fully rehabbed, stabilized Maple Heights rental like this — currently rented at $1, 550/mo through CMHA Section 8 with 100% of rent paid by the government (no tenant portion). The home is currently rented well below true market rents for this special Maple Heights zip code, which pays more than many surrounding cities, and could command significantly more with either a new tenant or an approved rent increase that has just been submitted to Section 8. The tenant is cooperative, happy, moving to month-to-month, and the new owner has plenty of flexibility to either keep her in place at an under-market rate or reposition to full market rents over time. Maple Heights in general is an extremely high-demand rental city, and this particular street is even more desirable — a fairly quiet, clean block in an ideal location that helps units rent fast and stay full. Property is fully rehabbed and investor-ready. Turnkey. Recent improvements include brand-new vinyl dual-pane windows, new appliances, fresh paint throughout, refinished flooring, and an updated basement — major CapEx already handled. Nothing left to do but collect strong cashflow now while you decide how aggressively you want to push the upside. HIGH DSCR at list price and a solid long-term hold in a market that consistently commands strong rents. Great location, great numbers, and a clean setup that works well for both first-time and scalable portfolio investors. Quality remodel. Lead-based paint testing completed and passed; report available upon request. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. **Showings only after accepted offer.**

MLS® Number5190372

Laundry Level

Central VacNo

FireplaceNo

Acreage0.1359

Exterior

GarageYes

Approx. Age1923

BasementFull

DrivewayDetached, Garage

Garage Spaces2

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 3, 2026List Date

$144,000List Price

Jul 22, 2024End Date

$95,000Sold Price

Sold

Jun 25, 2024List Date

$105,000List Price

Home Appraisal

This property is estimated to sell between: $116,000 and $158,000.

Similar properties in this area sold on average for: $116,230

Expected to sell in 63 days. Similar properties sold in 64 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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