Property
Beds
5
Full Baths
1
1/2 Baths
1
Year Built
1942
Sq.Footage
1,388
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.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
1
-
1/2 Bathrooms
1
-
Above Grade Finished Area
1388.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Vinyl Siding
-
Parking
Detached, Garage
-
Patio and Porch Features
Deck
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1291
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$175,000
-
Tax Amount
$3,025
-
Sq. Footage
1,388
-
Price/SqFt
$126
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Scott A Marvin , Team Results Realty
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