Attention investors! Turnkey Maple Heights bungalow offering immediate rental income ($1205 per month, lease is month to month) with a quality long-term tenant in place who is currently month-to-month and would like to remain. This is an excellent opportunity to add a well-maintained property to your portfolio or begin investing with an affordable, income-producing asset. Popular floor plan offers flexibility with 2 main-floor bedrooms plus a spacious second floor featuring 2 tandem rooms that can function as additional (4th)bedrooms, a media room, home office, sitting area or owner's retreat. Main floor also includes a full bath & comfortable living spaces designed for everyday living. Owner's suite features an enclosed sunroom, creating the perfect space for relaxation, reading or enjoying morning coffee. A finished room in the basement provides additional recreation or storage space, while glass block windows add security and efficiency. Numerous updates have already been completed, including low-maintenance vinyl siding, vinyl replacement windows, updated roof, attractive luxury vinyl plank flooring and a hot water tank replaced in 2023. The partially fenced yard offers outdoor enjoyment and is situated in a desirable Maple Heights location with strong rental demand. Quality non-Section 8 rental with a proven tenant history & excellent investment potential. Property is shown only during active offer negotiations. Please do not disturb the tenant. No wholesalers. No owner financing. A solid turnkey investment opportunity ready to generate income from day one.
Single-familyProperty Type
1947Year Built
5,662 sq ftLot Size
$55Price/Sq.Ft.
Listed by Christopher Frederick• Coldwell Banker Schmidt Realty
Listed by Michele Frederick• Coldwell Banker Schmidt Realty
Est. $1,344 per month, based on comparable rentals
Sale and tax history for 20505 Franklin Rd
Sale History
Tax History
Date
Event
Price
MLSNOW #5215490
Jul 16, 2026
Sold
$105,000
$55/sq ft
Jun 30, 2026
Pending
—
Jun 19, 2026
Relisted
—
Jun 17, 2026
Contingent
—
Jun 8, 2026
Listed
$125,000
$65/sq ft
MLSNOW #2432798
Apr 8, 2008
Listing Removed
—
Jan 8, 2008
Listed
$114,900
$60/sq ft
MLSNOW #2384836
Aug 21, 2007
Sold
$35,900
$19/sq ft
Jun 11, 2007
Listed
$35,900
$19/sq ft
Pre Qualification Letter Or Proof Of Funds Required. Earnest Money Must Be Minimum Of $1,000.00 And Held By Title Company. Perform All Inspections Within 5 Days Of Acceptance Of Offer.
Public Records
Jun 10, 1988
Sold
$38,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,910 (−10.0%)
$7,000 + $28,000
$35,000
2024
$3,235 (+25.1%)
$7,000 + $28,000
$35,000
2023
$2,586 (+0.4%)
$4,240 + $19,740
$23,980
2022
$2,577 (−6.3%)
$4,240 + $19,740
$23,980
2021
$2,752 (+17.3%)
$4,240 + $19,740
$23,980
2020
$2,345 (+0.5%)
$3,220 + $14,950
$18,170
2019
$2,335 (+0.5%)
$3,220 + $14,950
$18,170
2018
$2,322 (+8.4%)
$3,220 + $14,950
$18,170
2017
$2,142 (+3.4%)
$2,980 + $13,160
$16,140
2016
$2,072 (+22.5%)
$2,980 + $13,160
$16,140
2015
$1,692 (−5.8%)
$2,980 + $13,160
$16,140
2014
$1,796
$3,260 + $14,490
$17,750
Public record
Public record
Zoning
Beds
4
Baths
1
Stories
1.5
Lot width
40 ft.
Lot depth
130 ft.
Lot size
5,200 Sq. Ft.
Year renovated
1962
Sq. Ft.
1,920
Year built
1924
Style
Single Family Residential
County
Cuyahoga County
APN
78212033
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
RSF-M
Residential Single Family-Medium Density District
It is the purpose of the RSF-M District to encourage the establishment and retention of residential neighborhoods consisting of single family dwellings on medium sized lots while preserving the undeveloped lands within this district for similar types of residential uses.
Property details
Parking
Parking
Features: No Garage
Interior
Bedroom Information
# of Main Level Bedrooms: 2
Bathroom Information
# of Full Bathrooms: 1
# of Main Level Bathrooms: 1
Room Information
# of Rooms (Total): 5
Has Basement
Basement Information: Full, Finished, Partial
Laundry Information
Features: In Basement
Exterior
Building Information
Stories: 2
Stories (Total): 2
Year Built Source: Public Records
Roof Details: Asphalt
Construction Details: Vinyl Siding
Exterior Features
Patio And Porch Features: Enclosed, Patio, Porch
Fencing: Fenced, Partial
Lot Information
Lot Size Area: 0.13
Lot Size Acres: 0.13
Lot Size Dimensions: 43x150
Lot Size Source: Public Records
Lot Features: Irregular Lot
Property Information
Above Grade Finished Area: 1,920
Above Grade Finished Area Source: Realist
Financial
Tax Information
Annual Tax Amount: $2,910
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Forced Air, Gas
Location
Community Information
Community Features: Public Transportation
Public facts
Beds: 4
Baths: 1.0
Sq. Ft.: 1,920
Stories: 1.5
Lot Size: 5,200 square feet
Style: Single Family Residential
Year Built: 1924
Year Renovated: 1962
County: Cuyahoga County
APN: 78212033
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Abraham Lincoln School
Public PreK-1 • Assigned • 2.5mi
Milkovich Middle School
Public 6-8 • Assigned • 0.5mi
5/10
Maple Heights High School
Public 9-12 • Assigned • 1.5mi
4/10
Provided by GreatSchools
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 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, 4 days in 30 years
Provided by First Street
Historical weather
Maple Heights, OH • 44137
Average low and high temperatures (°F)
29
16
36
22
55
35
64
44
67
50
80
61
85
67
79
61
78
54
66
46
51
37
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 18% for direct sun exposure in Maple Heights. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$158,000 – $191,000
Sell confidently with a local market expert in Maple Heights.