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
1927Year Built
5,288 sq ftLot Size
$169Price/Sq.Ft.
2 car garageParking
Listed by Jesse Kracht• Russell Real Estate Services
Noble Nela, located between Noble Road and Nela Park, is a residential and commercial Cleveland Heights neighborhood with early-20th-century houses and a walkable strip of local storefronts. The neighborhood’s character concentrates around the Noble Road corridor near Roanoke Road, where corner groceries, carryout counters, and service shops keep the sidewalks active. Brick colonials and Tudor-inspired homes sit on leafy streets that slope toward Euclid Creek’s wooded edges. Nighttown anchors the area’s long-running live-music tradition, while Phoenix Coffee and the Dobama Theatre add a steady arts-and-cafe rhythm. Euclid Creek Reservation frames nearby trails and picnic clearings, giving the district a city-meets-park geography.
Provided by Walk Score and Local Logic
Offer insights
956 Nobleshire Rd · $200,000
$201K and above
75% chance or better to win
Why $201K+ is a strong offer
DAYS ON MARKET
79 days
The average home goes pending in 21 days.
SALE-TO-LIST
99.7%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Full unfinished basement with sump pump
One fireplace
Bathrooms
One full bathroom
Heating & cooling
Forced air heating
Exterior features
Front porch
Lot approximately 0.1214 acres
Home design
Frame construction
Asphalt shingle roof
Parking
Detached garage (2 spaces)
Construction
Frame construction
Asphalt shingle roof
Utilities
Public water
Public sewer
Financial info
Annual taxes reported
Electricity and solar
View estimated energy costs and solar savings for this home
This cozy Cape Cod greets you with an inviting front porch. Once inside, you will see a woodburning fireplace (surrounded by built-ins) perfect for those cooler nights. Original hardwood floors are under the carpet in the living and dining rooms. The dining room has a window seat flanked by additional built-in cabinetry providing ample storage. Upstairs, one of the three bedrooms has a walk-in closet with a separate bonus storage area! A lot of the original charm including woodwork, crown moulding, and hardwood floors are throughout this home. This home is being sold as - seller will make no repairs
Public Records
Dec 19, 1986
Sold
$49,900
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,512 (+35.3%)
$8,890 + $32,060
$40,950
2024
$2,595 (+36.2%)
$8,890 + $32,060
$40,950
2023
$1,905 (−1.8%)
$5,010 + $21,110
$26,120
2022
$1,940 (+2.4%)
$5,010 + $21,110
$26,120
2021
$1,895 (+5.6%)
$5,010 + $21,110
$26,120
2020
$1,795 (+5.6%)
$4,520 + $19,010
$23,530
2019
$1,699
$4,520 + $19,010
$23,530
2018
$1,700 (−2.3%)
$4,520 + $19,010
$23,530
2017
$1,739 (+0.2%)
$4,660 + $18,170
$22,830
2016
$1,736 (+11.7%)
$4,660 + $18,170
$22,830
2015
$1,554 (−24.9%)
$4,660 + $18,170
$22,830
2014
$2,069
$5,600 + $21,910
$27,510
Public record
Public record
Permits
Beds
3
Baths
1
Stories
1.5
Lot width
47 ft.
Lot depth
129 ft.
Lot size
5,288 Sq. Ft.
Year renovated
1962
Finished Sq. Ft.
1,183
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,183
Year built
1927
Style
Single Family Residential
County
Cuyahoga County
APN
68211102
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Sep 10, 2025 • Active
Residential building
Remodel
Sep 8, 2025 • Final
Apron/driveway/sidewalk
Resurface an asphalt driveway.
Grading
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
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland Heights, 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
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Cleveland Heights. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 956 Nobleshire Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $145,000 and $210,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $145K to $210K.