Great investment opportunity in the heart of Cleveland! This well maintained and updated 3 bed, 1.5 bath home is currently tenant occupied and generating $1,450 per month in rental income, offering immediate cash flow for the next owner. The home features a traditional layout with a spacious living area, functional kitchen, and comfortable bedrooms. Outside, the property includes a manageable yard and a two car garage, adding to its tenant appeal. Located conveniently near schools, parks, shopping, and major roadways, making it an attractive rental for long-term tenants. Whether you’re a new investor or looking to expand your portfolio, this property provides reliable income in a strong rental market.
Single-familyProperty Type
1915Year Built
3,998 sq ftLot Size
$79Est. Price/Sq.Ft.
1 spaceParking
Listed by Shoshana Socher• Keller Williams Greater Metropolitan
Contact: shoshana@thesocherteam.com, 216-255-7377
Bought with Kim Lewis• Home Equity Realty Group
Bought with Charles Lewis• Home Equity Realty Group
MUST SEE!! Spacious 3 Bedroom Colonial situated in a quiet neighborhood. Your future of owning your own home is just a few steps away! Bring you decorating ideas and make this your home. Schedule your showing Today
Public Records
Aug 23, 2005
Sold
$89,900
$72/sq ft
MLSNOW #2163865
Feb 11, 2005
Listing Removed
—
Aug 12, 2004
Listed
$92,900
$74/sq ft
MLSNOW #2140146
Jun 17, 2004
Sold
$30,000
$24/sq ft
Apr 12, 2004
Listed
$24,900
$20/sq ft
MLSNOW #2138541
Jun 30, 2004
Listing Removed
—
Apr 5, 2004
Listed
$34,900
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,211
$3,190 + $14,910
$18,100
2024
$1,210 (+15.6%)
$3,190 + $14,910
$18,100
2023
$1,047 (+0.6%)
$1,890 + $11,620
$13,510
2022
$1,041 (+0.9%)
$1,890 + $11,620
$13,510
2021
$1,032 (+5.6%)
$1,890 + $11,620
$13,510
2020
$977 (+8.0%)
$1,540 + $9,520
$11,060
2019
$905 (+0.3%)
$1,540 + $9,520
$11,060
2018
$902 (−46.1%)
$1,540 + $9,520
$11,060
2017
$1,675 (+0.8%)
$2,660 + $17,150
$19,810
2016
$1,662 (+2.7%)
$2,660 + $17,150
$19,810
2015
$1,619 (−9.9%)
$2,660 + $17,150
$19,810
2014
$1,797
$2,940 + $19,080
$22,020
Tax history for 387 Cleveland Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,211
$3,190 + $14,910
$18,100
2024
$1,210 (+15.6%)
$3,190 + $14,910
$18,100
2023
$1,047 (+0.6%)
$1,890 + $11,620
$13,510
2022
$1,041 (+0.9%)
$1,890 + $11,620
$13,510
2021
$1,032 (+5.6%)
$1,890 + $11,620
$13,510
2020
$977 (+8.0%)
$1,540 + $9,520
$11,060
2019
$905 (+0.3%)
$1,540 + $9,520
$11,060
2018
$902 (−46.1%)
$1,540 + $9,520
$11,060
2017
$1,675 (+0.8%)
$2,660 + $17,150
$19,810
2016
$1,662 (+2.7%)
$2,660 + $17,150
$19,810
2015
$1,619 (−9.9%)
$2,660 + $17,150
$19,810
2014
$1,797
$2,940 + $19,080
$22,020
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
3
Baths
1
Stories
2
Lot width
40 ft.
Lot depth
100 ft.
Lot size
3,999 Sq. Ft.
Year renovated
1962
Sq. Ft.
1,248
Year built
1915
Style
Single Family Residential
County
Cuyahoga County
APN
11118017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 3, 2026.
Feb 6, 2007 • Final
Residential combo
Perform interior alterations to an existing single-family home. Install drain tiles and a sump pump for waterproofing within the cellar area to prevent water penetration.
Plumbing
Remodel
Apr 24, 2006 • Final
Mechanical building permit - plumbing
Install a new sump pump and drain piping.
Plumbing
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
Parking
Features: Driveway
Interior
Bathroom Information
# of Full Bathrooms: 1
Room Information
# of Rooms (Total): 7
Has Basement
Basement Information: Full
Exterior
Building Information
Stories: 2
Year Built Source: Public Records
Roof Details: Asphalt
Construction Details: Wood Siding
Lot Information
Lot Size Area: 0.0918
Lot Size Acres: 0.0918
Lot Size Source: Assessor
Property Information
Above Grade Finished Area: 1,248
Above Grade Finished Area Source: Assessor
Financial
Tax Information
Annual Tax Amount: $1,210.24
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Forced Air
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,248
Stories: 2.0
Lot Size: 3,999 square feet
Style: Single Family Residential
Year Built: 1915
Year Renovated: 1962
County: Cuyahoga County
APN: 11118017
Home facts updated by county records on Jun 3, 2026
Around this home
Schools
Kenneth W Clement Boys Leadership Academy
Public PreK-8 • Assigned • 0.7mi
5/10
Glenville High School
Public 2-12 • Assigned • 0.8mi
3/10
Collinwood High School
Public 9-12 • Assigned • 1.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 • 44108
Average low and high temperatures (°F)
30
19
36
23
52
35
60
44
64
52
76
64
82
70
78
66
74
61
65
51
51
41
39
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 2 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$94,000 – $114,000
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