Great investment opportunity with immediate cash flow! This tenant-occupied single-family home is currently leased for $1,100 per month, providing steady rental income from day one. The property offers excellent value-add potential with cosmetic updates and is professionally managed, making it an ideal addition to your investment portfolio. Property being sold "AS IS. " Able to be sold as a portfolio purchase with these MLS listings: 5235051, 5235138, 5235145, 5235146, 5235152
Hud Owned. Case#412-391850. Being Sold As-is. No Disclosures. Hud Will Not Make Repairs. McB Makes No Warranty As To The Existence Of Mold In This Property And Is Not Liable For The Potential Harmful Effects Thereof. Cash Or Conventional Only.
MLSNOW #848061
Dec 17, 1997
Listing Removed
—
Dec 17, 1996
Listed
$59,900
Public Records
Apr 3, 1997
Sold
$66,900
MLSNOW #635752
Dec 31, 1993
Listing Removed
—
Jul 20, 1993
Listed
$40,000
Public Records
Jul 21, 1983
Sold
$35,900
Public Records
Aug 1, 1978
Sold
$27,900
Year
Property tax
Land + Additions
Assessment*
2025
$723
$2,660 + $7,670
$10,330
2024
$723 (+36.5%)
$2,660 + $7,670
$10,330
2023
$530 (+0.2%)
$1,090 + $3,610
$4,700
2022
$528 (+0.7%)
$1,090 + $3,610
$4,700
2021
$525 (+3.4%)
$1,090 + $3,610
$4,700
2020
$508 (−3.6%)
$950 + $3,190
$4,140
2019
$527 (+0.4%)
$950 + $3,190
$4,140
2018
$525 (−59.0%)
$950 + $3,190
$4,140
2017
$1,280 (+0.8%)
$2,170 + $10,820
$12,990
2016
$1,270 (+10.3%)
$2,170 + $10,820
$12,990
2015
$1,151 (−7.8%)
$2,170 + $10,820
$12,990
2014
$1,248
$2,560 + $12,740
$15,300
Public record
Public record
Zoning
Beds
4
Baths
1
Stories
2
Lot width
30 ft.
Lot depth
121 ft.
Lot size
4,356 Sq. Ft.
Year renovated
1952
Finished Sq. Ft.
1,426
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,426
Year built
1920
Style
Single Family Residential
County
Cuyahoga County
APN
67121060
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 3, 2026.
U1
Residence District
Single-family dwelling; double house; two-family dwelling; shared housing facilities limited to adult family home and residential facility family home.
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 • 44112
Average low and high temperatures (°F)
30
19
36
23
53
35
61
44
65
52
78
64
83
70
79
65
75
60
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1319 Elwood Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $27,000 and $109,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $27K to $109K.