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Caitlin Tasker

caitlin@thetaskerhometeam.com +1(330) 257-3804

$ 136,000

Est. payment | -/mo

3 Beds

1 Bath

950 SqFt

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$ 136,000

Est. payment | -/mo

Save

3 Beds

1 Bath

950 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $143

Subdivision Friend

MLS Listing ID 5190372

Style Traditional

Bedrooms 3

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 950

Year Built 1923

Annual Tax Amount $2,492

Tax Year 2024

Lot Size 5,919 Sqft

Acres 0.1359

Property Sub-Type Single Family Residence

Property Description

ATTENTION INVESTORS: TURNKEY MAPLE HEIGHTS SECTION 8 CASH COW — $1,680/MO WITH UPSIDE. Fully rehabbed, stabilized Maple Heights rental at 16029 Friend Ave, currently rented at $1,680/mo through CMHA Section 8 with 100% of rent paid by the government, delivering strong, predictable cash flow in a city where single-family homes consistently command some of the highest rents. The property remains under true market potential for this zip code (CMHA 2026 FMR for this zipcode is $2,339/mo), giving a new owner room to pursue further increases over time, either via future CMHA adjustments or by re-tenanting at updated program/market rates. The street itself sits in a desirable Maple Heights pocket that helps units rent quickly and stay full, supported by a competitive local rental market and solid demand for quality area single-family homes. Recent improvements include brand-new vinyl dual-pane windows, new appliances, fresh paint throughout, refinished flooring, and an updated basement, with major CapEx already handled so the focus can stay on income and strategy rather than heavy repairs. Turnkey, rent-stabilized, and low-maintenance, this asset offers high DSCR at the right price and works equally well for first-time investors or those scaling a Section 8 portfolio. Lead-based paint testing has been completed and passed, with the report available, and a strong, owner-protective lease structure can transfer to the new buyer. Part of a larger stabilized Section 8 portfolio—ask about additional properties. Do not disturb tenants; 48-hour notice is typically required for showings, often after accepted offer.

Location

State OH

County Cuyahoga

Rooms

Other Rooms Shed(s)

Basement Full

Interior

Heating Forced Air, Gas

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Range, Refrigerator

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Shingle

Porch Patio

Private Pool No

Building

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Additional Building Shed(s)

Schools

School District Maple Heights Csd - 1818

Others

Tax ID 781-06-021

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Scott A Marvin • Team Results Realty • 614-382-2124, scottamarvin@gmail.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 257-3804

caitlin@thetaskerhometeam.com

8316 Cleveland Ave NW , North Canton, Ohio, 44720, USA

16029 Friend AVE Maple Heights, OH 44137

Caitlin Tasker

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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16029 Friend AVE