Turnkey Cash-Flowing Investment – Section 8 Ready – Up to $3,500/Month Potential! Fantastic investment or owner-occupant opportunity in Cleveland’s growing 44103 neighborhood! This well-maintained multi-unit property at 1161 Norwood Rd is Section 8 ready and positioned to generate up to $3,000/month in rental income, making it an ideal addition to any portfolio or a perfect house-hack opportunity. Major updates have already been completed, allowing for immediate rental potential with minimal upfront investment. Recent improvements include new flooring, fresh paint, and appliances in every unit, along with a washer and dryer hookup in the rear unit for added tenant convenience. Big-ticket mechanical updates provide peace of mind with two new hot water tanks and a newer furnace, while exterior upgrades such as new gutters, a recently replaced garage roof, and updated porch columns and banisters enhance both curb appeal and long-term durability. Located just minutes from downtown Cleveland, hospitals, universities, and major highways, this property offers strong rental demand and long-term appreciation potential. Whether you’re a seasoned investor looking for cash flow or a buyer seeking to live in one unit while renting the others, this property delivers immediate income with upside potential. Turnkey. Cash-flowing. Section 8 ready. Don’t miss this opportunity!
Multi-familyProperty Type
1895Year Built
4,691 sq ftLot Size
$69Price/Sq.Ft.
3 car garageParking
Listed by Janet Hayward• Keller Williams Greater Metropolitan
Install and inspect meter boxes for new electrical service.
Electrical
Electric meter
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 3
Parking
Features: Driveway
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
Room Information
# of Rooms (Total): 16
Has Basement
Basement Information: Full
Multi Unit Information
# Of Buildings: 1
Unit Type 1
Four Bedroom Or More
Unit Description: Upstairs Unit
# of Bedrooms: 4
# of Bathrooms Total: 1
Unit Type 2
Two Bedroom
Unit Description: Rear Unit
# of Bedrooms: 2
# of Bathrooms Total: 1
Unit is Leased
Unit Type 3
Two Bedroom
Unit Description: Front Unit
# of Bedrooms: 2
# of Bathrooms Total: 1
Unit is Leased
Exterior
Building Information
Stories: 2
Year Built Source: Public Records
Roof Details: Asphalt, Shingle
Construction Details: Aluminum Siding, Vinyl Siding
Lot Information
Lot Size Area: 0.1077
Lot Size Acres: 0.1077
Lot Size Source: Assessor
Property Information
Below Grade Finished Area: 1,214
Below Grade Finished Area Source: Assessor
Above Grade Finished Area: 2,458
Above Grade Finished Area Source: Assessor
Financial
Tax Information
Annual Tax Amount: $968
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Radiator(s)
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 2,458
Stories: 2.0
Lot Size: 4,691 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1895
Year Renovated: 1962
County: Cuyahoga County
APN: 10521046
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Wade Park School
Public PreK-8 • Assigned • 0.8mi
4/10
Campus International High School
Public 9-12 • Assigned • 1.6mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44103
Average low and high temperatures (°F)
30
19
36
24
54
36
61
44
65
52
77
65
82
71
77
66
74
59
65
52
52
41
40
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$160,000 – $194,000
Sell confidently with a local market expert in Cleveland.