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$315,000
New Listing

5716 Hosmer Avenue
Cleveland, OH 44105

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1900
Built
Subdivision:
Dippel & Pitras Resub
County:
Cuyahoga
Call Now: (216) 978-7933
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(216) 978-7933
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Incredible investor package featuring 3 fully occupied single-family homes in the highly cash-flowing 44105 ZIP code of Cleveland, OH! This turnkey portfolio is priced at $315,000.00 and delivers immediate, reliable cash flow from day one with a 0.00% vacancy rate. Boasting a massive 13.13% Capitalization Rate and a low 6.60x Gross Rent Multiplier (GRM), this strategic Cleveland package is optimized for maximum return on investment. The portfolio generates a robust Gross Annual Rent of $47,724.00. Overhead is exceptionally low with a streamlined Operating Expense Ratio (OER) of 13.36%, resulting in a strong Net Operating Income (NOI) of $41,347.20. Added stability includes one property backed by guaranteed, reliable CMHA subsidized housing funds, while the remaining homes feature verified net lease structures where tenants absorb 100% of standard utility outlays. This is a rare, low-maintenance asset package perfect for scaling your rental footprint in a strong rental market—add these high-yielding Cleveland homes to your portfolio today!

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Listing Snapshot
Price 
$315,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.084 Acres
Year Built 
1900
MLS® Number 
5250100
Status 
Active
Property Tax 
$3,976.8
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing first seen on site
8 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.084
Additional Property Use 
Single Family
Disclosures 
Principal Is Real Estate Licensed
Garage 
Yes
Levels 
One
Parking 
DetachedGarage
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Residential
Interior Features
Basement 
Unfinished
Heating 
Forced Air
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Community Features
Additional Association Fee 
$3817.92
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Financing Terms Available 
CashConventional
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Amanda Turney of Russell Real Estate Services



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Reviews

REMAX Gold Transparent - 3

REMAX Above & Beyond

Tabatha Whewell | License ID: 2003018978

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IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.