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1161 Norwood Road
Cleveland, OH 44103

$179,000 - Status: Contingent
SQFT: 3,672
MLS# 5185442

Turnkey Cash-Flowing Investment Section 8 Ready Up to $3,500/Month Potential! Fantastic investment or owner-occupant opportunity in Cleveland's growing 44103 neighborhood! This well-maintained multi-unit property at 1161 Norwood Rd is Section 8 ready and positioned to generate up to $3,000/month in rental income, making it an ideal addition to any portfolio or a perfect house-hack opportunity. Major updates have already been completed, allowing for immediate rental potential with minimal upfront investment. Recent improvements include new flooring, fresh paint, and appliances in every unit, along with a washer and dryer hookup in the rear unit for added tenant convenience. Big-ticket mechanical updates provide peace of mind with two new hot water tanks and a newer furnace, while exterior upgrades such as new gutters, a recently replaced garage roof, and updated porch columns and banisters enhance both curb appeal and long-term durability. Located just minutes from downtown Cleveland, hospitals, universities, and major highways, this property offers strong rental demand and long-term appreciation potential. Whether you're a seasoned investor looking for cash flow or a buyer seeking to live in one unit while renting the others, this property delivers immediate income with upside potential. Turnkey. Cash-flowing. Section 8 ready. Don't miss this opportunity!

Property Features

MLS#: 5185442
Zip: 44103
Subdivision: Kilfoyl
Development: Cleveland
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Days on Site: 75
Garage: 3
Heating: Radiator(s)
Lot Size: 0.11 acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $968 / year
Year Built: 1895

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 105-21-046
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

1161 Norwood Road | MLS# 5185442

This multi-family property located at 1161 Norwood Road, Cleveland, OH 44103 is currently listed for sale with an asking price of $179,000. Norwood Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: janet.hayward@kw.com, 216-647-8204

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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