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1513 Westdale Road, South Euclid, OH 44121

Cuyahoga County

Key Facts

4Beds
2Baths
1,416Sq Ft
1949Year Built
0.16Lot (acres)
1Garage

Description

Priced at $200,000/ house part of a turnkey 16-property single-family rental portfolio across highly desirable Cleveland East suburbs including South Euclid, Cleveland Heights, Lyndhurst, Mayfield Heights, and Cleveland. Offered as a package at $3,200,000. This stabilized portfolio includes 16 individual single-family homes with established rental history, strong tenant demand, and immediate cash flow from day one. Current rent roll reflects approximately $33,685/month in scheduled rental income ($404,220 annually). Based on provided income and property taxes, the portfolio produces approximately $344,121 NOI, representing an attractive 10.75% cap rate at the asking price (buyer to verify all expenses and financials). Many properties feature updates, desirable layouts, and tenant-friendly amenities including updated finishes, and central air at many locations. These homes are strategically located near major employment centers, shopping, dining, parks, schools and transportation, making them ideal long-term rental assets. Portfolio Highlights: • 16 Single-Family Rental Homes • $33,685/month rental income • $404,220 gross annual income • Approx. 10.75% cap rate based on provided rent roll • Stabilized tenant base • Renovated and income-producing assets • Strong Cleveland suburban rental markets • Excellent opportunity for investors seeking scale and diversification Included properties: 6601 Ridgeview Rd Mayfield Heights; 4011 Lancaster Rd South Euclid; 7220 Deveny Ave Cleveland; 1171 Quilliams Rd Cleveland Hts; 956 Nobleshire Rd Cleveland Hts; 857 Quarry Dr Cleveland Hts; 4033 Stonehaven Rd South Euclid; 4241 Verona Rd South Euclid; 1513 Westdale Rd South Euclid; 4187 Stilmore Rd South Euclid; 4218 Stilmore Rd South Euclid; 4198 Eastway Rd South Euclid; 1799 Wrenford Rd South Euclid; 4349 Ardmore Rd South Euclid; 4847 Farnhurst Rd Lyndhurst; 1509 Maple Rd Cleveland Hts. Call today for additional details!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Cape Cod

Year Built

1949

Living Area

1,416 sq ft

Lot Size

0.16 acres

Lot Dimensions

50x140

Garage Spaces

1

MLS® Listing#

5224516

Property Features

Cooling

Central Air

Heating

Natural GasForced Air

Basement

FullPartially Finished

Parking

DetachedGaragePaved

Laundry

Common Area

Patio

EnclosedPatioPorch

Construction

Aluminum Siding

Roof

AsphaltFiberglass

Sewer

Public Sewer

Water Source

Public

Rooms

  • 15 x 15Second
  • 7 x 3First
  • 12 x 11First
  • BathroomND x NDSecond
  • BathroomND x NDFirst
  • Bedroom14 x 10First
  • Bedroom12 x 11First
  • Bedroom14 x 8Second
  • LaundryND x NDLower
  • Living Room17 x 11First

Financial Details

HOA

None

Annual Taxes

$5,108

Tax year 2025

Parcel Number

704-05-032

Directions

See list of portfolio list of addresses

Affordability Calculator

$40,000

Estimated monthly payment

$1,064/mo

Principal $160,000 · Est. interest $223,214 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in South Euclid, OH

27
Median Days on Market
1,592
Median Sq Ft
$116
Median Price / Sq Ft
159
Active Listings
  • Its price per sq ft is 22% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in South Euclid, OH.

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EXIT Agents in South Euclid

Listing Courtesy: Russell Real Estate Services - jessek.cst@gmail.com, 440-212-5656

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.

Last Updated: 2026-07-03

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by AkronClevelandAssociationOfRealtors. MLS® Listing#5224516. © 2026EXIT Realty®. All rights reserved.