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!
Single-familyProperty Type
1949Year Built
5,479 sq ftLot Size
2 car garageParking
Listed by Jesse Kracht• Russell Real Estate Services
Bexley Park, located between Mayfield Road and Cedar Road, is a residential and civic-minded South Euclid neighborhood with leafy side streets and a classic mid-century streetscape. The neighborhood’s character concentrates around the Mayfield Road corridor near South Green Road, where small storefronts, casual eateries, and everyday services set a steady, lived-in rhythm. Bexley Park’s housing mix leans toward brick colonials and ranches with deep setbacks and mature trees. Bexley Park Playground and the adjacent green space give the area an outdoors-forward cadence. John Carroll University adds a collegiate edge through lectures, arts events, and campus architecture. Sidewalk blocks and pocket parks keep daily routines grounded and walkable.
Provided by Walk Score and Local Logic
Offer insights
4218 Stilmore Rd · $200,000
$202K and above
75% chance or better to win
Why $202K+ is a strong offer
DAYS ON MARKET
60 days
The average home goes pending in 17 days.
SALE-TO-LIST
100.8%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Full basement
One fireplace
Bedrooms
2 main-level bedrooms
Bathrooms
2 full bathrooms
1 main-level bathroom
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Aluminum siding
Lot recorded at 0.1258 acres
Home design
2-story home
Year built from public records
Parking
Detached 2-car garage
Construction
Asphalt/fiberglass roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
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
2/10 Heat Factor
7 days above 96° 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
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
South Euclid, OH • 44121
Average low and high temperatures (°F)
28
16
36
22
54
34
63
43
66
50
79
63
84
68
79
62
76
58
65
48
50
38
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
72/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
6.9 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4218 Stilmore Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $165,000 and $190,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $190K.