REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Suede Beverly

soldbysuedebeverly@gmail.com +1(234) 817-1312

$ 175,000

Est. payment -/mo

Save

New

16816 Talford AVE Cleveland, OH 44128

5 Beds

2 Baths

1,388 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,388 sqft

Price per Sqft $126

Subdivision Shaker Lee

MLS Listing ID 5220358

Style Traditional

Bedrooms 5

Full Baths 1

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 1,388

Year Built 1942

Annual Tax Amount $3,025

Tax Year 2025

Lot Size 5,623 Sqft

Acres 0.1291

Property Sub-Type Single Family Residence

Property Description

ATTENTION INVESTORS: TURNKEY SOUTHEAST CLEVELAND SECTION 8 CASH COW — $1,925/MO WITH UPSIDE. This strong performing SFH at 16816 Talford Ave is rented at $1,925/mo through CMHA Section 8 with 100% subsidy and no tenant portion, delivering guaranteed government-backed income in a southeast Cleveland pocket (near the Heights without the extra taxes) where median rents in 44128 run above many nearby zips and demand for single-family rentals is solid. Located on Talford Ave, a tree-lined street of well-kept colonials with long-term owners and recent retail-quality sales nearby, the home sits in one of the more attractive blocks of 44128, helping units lease quickly and stay full. Major CapEx has already been handled, including a complete brand-new sewer system from basement to street (about $20,000, fully permitted and approved by the City of Cleveland) plus a new electrical panel (old Federal Pacific panel removed), refinished hardwoods, updated bath, full interior repaint, refreshed bedrooms and basement, and a large rear patio on a high-visibility corner lot—plug-and-play for the next owner. A rent-increase request has already been submitted to CMHA. Cleveland's Southeast Side Promise and other targeted initiatives are driving reinvestment into this area, adding support for long-term value and neighborhood stability around streets like Talford. Lead-based paint testing has been completed and passed (report available), and the property is part of a larger stabilized Section 8 portfolio, making it an ideal acquisition for both first-time and seasoned investors looking for clean numbers, low CapEx risk, and a straightforward high-cashflow hold. Do not disturb tenants; 48-hour notice is typically required for showings, often after accepted offer.

Location

State OH

County Cuyahoga

Rooms

Basement Concrete

Main Level Bedrooms 1

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Shingle

Porch Deck

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 140-12-057

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