15914 Clearview Ave, Cleveland, OH 44128: Affordable 4-Bedroom Home With Built-In Rental Income Potential

By Mike Ferrante, Broker Associate, Mike Team at LPT Realty

Finding a property that offers both affordability and versatility can be challenging in today's market. That's what makes 15914 Clearview Ave in Cleveland worth a closer look. Priced at $115,000, this 4-bedroom Cape Cod offers an opportunity for investors seeking immediate rental income as well as buyers looking for a future place to call home.

A Flexible Floor Plan With Four Bedrooms

One of the standout features of this property is its practical layout. The home includes four bedrooms and one-and-a-half bathrooms, with two bedrooms conveniently located on the main floor and two additional bedrooms upstairs. This setup provides flexibility for a variety of living arrangements, whether you're accommodating a growing household, creating home office space, or simply looking for additional room.

The Cape Cod design remains popular because of its efficient use of space, and this home delivers exactly that with a layout that balances functionality and comfort.

Features That Add Everyday Value

Inside, you'll find spacious living areas and hardwood flooring that contribute to the home's character. The full basement provides additional storage space and utility potential, while the detached two-car garage offers valuable parking and protection from Northeast Ohio weather.

The property sits on a manageable lot of just over 6,000 square feet, providing outdoor space without creating an overwhelming maintenance commitment.

An Opportunity for Real Estate Investors

For investors, the numbers immediately stand out. The home is currently tenant-occupied and generating $1,400 per month in rental income, offering immediate cash flow from the day of purchase.

Properties that already have rental income in place can be appealing because they potentially eliminate the vacancy period and leasing efforts often associated with newly acquired investment properties. For buyers looking to build or expand a Cleveland-area rental portfolio, Clearview Avenue presents an opportunity to acquire an income-producing asset at an approachable price point.

As always, prospective buyers should perform their own due diligence regarding lease terms, expenses, and investment objectives.

Convenient Cleveland Location

Located in Cleveland's southeast area, the property offers convenient access to shopping, schools, transportation options, and major roads. Easy access to everyday amenities can be beneficial for both owner-occupants and tenants, helping support the property's long-term appeal.

Whether your goal is expanding an investment portfolio or securing a future residence with additional income potential, location remains one of the most important factors in any real estate purchase.

Why Buyers Should Take Notice

At $115,000, opportunities to purchase a 4-bedroom home with a detached garage and existing rental income are becoming increasingly difficult to find. The combination of size, functionality, rental potential, and affordability creates a compelling option for a wide range of buyers.

If you've been searching for an investment property that is already producing income, or you're looking for a reasonably priced home with room to grow, 15914 Clearview Ave deserves consideration.

Schedule Your Showing

Interested in learning more about 15914 Clearview Ave or scheduling a private tour?

Call or text Mike Ferrante at (216) 373-7727 or reach out to the listing agent, Jad Sandi, at sandirealestate@yahoo.com for additional information.

Properties offering this combination of affordability, space, and income potential don't always stay available for long.