Investor Special - Turnkey Rental with Immediate Cash Flow! This income-producing single-family rental at 1828 Noble Dr, East Cleveland is a great opportunity to add a performing asset to your portfolio. The property is tenant-occupied and currently leased for $1,470 per month under a one-year lease from 03/06/2026-03/05/2027, providing stable rental income from day one. Whether you're a seasoned investor or looking to expand your rental holdings, this property offers immediate cash flow with an established tenant already in place. Conveniently located near shopping, public transportation, schools, and major highways. Do not disturb tenant. No showings until accepted offer.
Single-familyProperty Type
1911Year Built
3,746 sq ftLot Size
$85Price/Sq.Ft.
1 spaceParking
Listed by Tal Tamir• Russell Real Estate Services
Listed by Benjamin Peleg• Russell Real Estate Services
JUST LISTED - a prime single-family investment opportunity, now occupied by a reliable CMHA tenant paying $1495/month on a secure annual lease. Boasting vinyl windows, glass block windows in the basement, a 5-year-old roof, and a newer hot water tank, the property is well-maintained and poised for long-term returns. Successfully passing the CMHA inspection, this investment is poised to be a hassle-free ownership experience. The tenant is responsible for electric/gas payments, while the owner covers water/sewer expenses. At the current purchase price, the property offers an impressive 25% cash-on-cash return, making it a strategic, hands-off and lucrative addition to any investment portfolio.
MLSNOW #3140737
Jun 4, 2011
Listing Removed
—
Jun 4, 2010
Listed
$50,000
$34/sq ft
MLSNOW #2413677
Aug 28, 2008
Listing Removed
—
Sep 29, 2007
Listed
$79,900
$54/sq ft
Public Records
Apr 8, 1983
Sold
$11,000
$7/sq ft
Public Records
Sep 7, 1982
Sold
$14,700
$10/sq ft
Public Records
Nov 13, 1978
Sold
$11,500
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,037
$2,730 + $12,250
$14,980
2024
$1,037 (+44.4%)
$2,730 + $12,250
$14,980
2023
$718 (+0.2%)
$1,650 + $5,040
$6,690
2022
$716 (+0.7%)
$1,650 + $5,040
$6,690
2021
$711 (−7.9%)
$1,650 + $5,040
$6,690
2020
$772 (−3.9%)
$1,680 + $5,150
$6,830
2019
$804 (+2.6%)
$1,680 + $5,150
$6,830
2018
$783 (−44.2%)
$1,680 + $5,150
$6,830
2017
$1,405 (+0.8%)
$2,800 + $11,800
$14,600
2016
$1,394 (+10.6%)
$2,800 + $11,800
$14,600
2015
$1,260 (−7.8%)
$2,800 + $11,800
$14,600
2014
$1,366
$3,290 + $13,900
$17,190
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
2
Lot width
40 ft.
Lot depth
94 ft.
Lot size
3,760 Sq. Ft.
Year renovated
1952
Finished Sq. Ft.
1,473
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,473
Year built
1911
Style
Single Family Residential
County
Cuyahoga County
APN
67312077
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 25, 2026.
U2-H2
Residence District
Apartment house; shared housing facility limited to adult family home and residential facility family home.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Multiple units
May 29, 2024 • Active
Residential general building
Grading
Plumbing
Remodel
Roofing
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.
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
East Cleveland, OH • 44112
Average low and high temperatures (°F)
30
19
36
23
53
35
61
44
65
52
78
64
83
70
78
64
75
60
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
77/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.8 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1828 Noble Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $95,000 and $155,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $95K to $155K.