Michelle Smith

1848 Stanwood Road

East Cleveland, OH
$ 114,900 Beds 4 Baths 1 Sq 1,894 Virtual Tour
Monthly Estimate* How much can I afford?

Presenting a cash-flowing investment opportunity—a 1,894 sq. ft. Colonial-era (1899) home with a long-term, month-to-month Section 8 tenant already in place. This 4-bedroom, 1.5-bath property generates 1,450/mo. in gross rent. CMHA(Section8) currently covers 1,190/mo. of that amount, with the tenant responsible for the remaining amount. While not fully subsidized, the majority of rent is guaranteed by the housing authority, reducing collection risk compared to traditional market-rate tenants. The asset features a durable slate roof, central A/C, replacement vinyl windows throughout most of the home, and a full unfinished basement for storage or future value-add. The property has undergone significant electrical, plumbing, bathroom, kitchen, HVAC, and interior/exterior repairs. The tenant wishes to remain, and is on a month-to-month lease, giving you flexibility. With a detached 2-car garage and solid bones.

Active

  • Price
  • $ 114,900
  • City
  • East Cleveland
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • Cuyahoga
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.1286 Acres
  • Zip
  • 44112
  • Sqr Footage
  • 1,894
  • Year Built
  • 1899
  • Taxes
  • $ 1130
  • Style
  • MLS#
  • 5210226
Listed By: Red 1 Realty, LLC
Data Source: MLSNow

Features

General

Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Slate
Garage Spaces 2
Architectural Style Colonial
Construction Materials Aluminum Siding
Year Built 1899
Stories Count 3
Township Cleveland
Levels Three Or More
Property Subtype Single Family Residence
Tax Year 2025
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Grasmere Allotment
Facing Direction North
Garage Y/N true
Total Rooms 11
Full Baths 1
Status Active
Directions From I-90 East or West (take Exit 177B – E. 152nd St / Saint Clair Ave): Take Exit 177B toward E. 152nd St / Saint Clair Ave Turn right onto E. 152nd St (heading south) Go 0.3 miles, turn left onto Saint Clair Ave (eastbound) Go 0.2 miles, turn right onto Stanwood Rd Destination will be on your right in 0.1 miles From I-90 East only (alternate – Exit 178B – E. 185th St): Take Exit 178B for E. 185th St south Follow E. 185th St for 0.5 miles Turn right onto Saint Clair Ave Go 0.4 miles, turn left onto Stanwood Rd Destination on your right in 0.1 miles
ModificationTimestamp 2026-09-08T22:24:29.313-00:00
City East Cleveland
High School District East Cleveland CSD - 1812
Lot Size Units Acres
Carport Y/N false
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1130.98
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District East Cleveland CSD - 1812
Elementary School District East Cleveland CSD - 1812
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity CLEVELAND
Legal Description 45 GRASMERE 0060 ALL

Interior Features

Basement Unfinished
Total Fireplaces 1
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1894
Total Bedrooms 4
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Total Baths 1

Exterior Features

Fencing Back Yard,Fenced
Parking Features Driveway,Garage,Off Street
Water Source Public
Lot Size Area 0.1286
Foundation Details Block
Lot Size Acres 0.1286
Lot Size Source Assessor
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/26/2026 Listed $124,900
7/2/2026 4% - $119,900
9/8/2026 4% - $114,900

Property vs Zip Code Average in 44112

Price
AVG $130K
$110K
Taxes
AVG $1,863
$1,130
Year Built
AVG 1931
1899

Areas That We Cover

1848 Stanwood Road East Cleveland, OH is a Single Family Home for sale at $114900 with 1894 sqft and a lot size of 0.1286 Acres Acre(s). 1848 Stanwood Road East Cleveland has 4 bedrooms, 1 baths and was built in 1899. The property's zip code is 44112 which is in East Cleveland, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Michelle Smith

Michelle Smith

Agent

330-383-2910

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