990 E 129th Street, Cleveland, OH 44108
Stewart Frisbie & Fords · Cuyahoga County
Key Facts
Description
Fully renovated Cleveland investment property offering immediate cash flow, long-term tenant stability, and an estimated 11% cap rate. This tenant-occupied single-family rental is leased at $1,200/month, with the tenant responsible for gas, electric, water, sewer, and trash. Key capital improvements have already been completed, including a newer furnace and water heater, helping limit near-term maintenance concerns. With updated finishes, reliable rental income, and a lease already in place, this property is a strong fit for investors seeking a cash-flowing Cleveland rental, turnkey single-family investment, or portfolio addition in the 44108 market. Convenient access to major highways, shopping, schools, and local amenities supports long-term rental demand. Professional property management resources are available for remote investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and lease available upon request. Schedule your showing today.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow
Year Built
1962
Lot Size
0.13 acres
Days on Market
56
MLS® Listing#
5212178
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$1,404
Tax year 2025
Parcel Number
110-17-036
Directions
Lakefront Ave & E 129th St
Affordability Calculator
$18,900
Estimated monthly payment
$503/mo
Principal $75,600 · Est. interest $105,469 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cleveland, OH
- 51
- Median Days on Market
- 1,829
- Median Sq Ft
- $98
- Median Price / Sq Ft
- 1,399
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Cleveland, OH.
Location
Points of Interest in Cleveland, OH
Showing the Cleveland area map.
Nearby Schools
Citizens Academy East
School · 0.4 mi away
Mayfair Elementary School
Elementary · 0.5 mi away
George L Forbes Early Learning Ctr
School · 0.5 mi away
Patrick Henry School
School · 0.5 mi away
Stephanie Tubbs Jones School
Elementary · 0.5 mi away
East Cleveland City Schools
Elementary · 0.7 mi away
Patrick Henry Junior High School
Secondary · 0.7 mi away
Heritage Middle School
Secondary · 0.8 mi away
Mary M Bethune
Elementary · 0.9 mi away
Glenville High School
Secondary · 0.9 mi away
Chambers Elementary School
Elementary · 0.9 mi away
Franklin D Roosevelt Academy
Elementary · 0.9 mi away
St. Aloysius Catholic School
School · 1.0 mi away
Prospect Elementary School
Secondary · 1.0 mi away
Shaw High School
Secondary · 1.1 mi away
Iowa Maple Elementary School
Elementary · 1.1 mi away
Kenneth W Clement
Elementary · 1.2 mi away
Clever Bee Academy
School · 1.2 mi away
Mastery School of Hawken
Secondary · 1.3 mi away
Hawken School
School · 1.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4273 E 136, Cleveland, OH | $67,500 | 3 | 1 | — |
| 10309 Parkview Avenue, Cleveland, OH | $68,000 | 4 | 2 | 2,688 |
| 9404 Benham Avenue, Cleveland, OH | $68,000 | 3 | 1 | 824 |
| 13508 Mann Avenue, East Cleveland, OH | $68,000 | 4 | 2 | 3,197 |
| 3474 E 145th Street, Cleveland, OH | $68,000 | 3 | 2 | 1,554 |
| 3353 W 46th Street, Cleveland, OH | $68,800 | 2 | 2 | 1,064 |
Moving Cost Estimate
EXIT Agents in Cleveland
Listing Courtesy: Home Equity Realty Group - 803-992-1429; Garrett.Rowan@HEQRealty.com
Last Updated: 2026-05-22