Turnkey Cash-Flowing Investment - Section 8 Ready - Up to $3

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Home For Sale

1161 Norwood Road

Cleveland, Ohio 44103

Cuyahoga County

Community: Kilfoyl

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$179,000 8 br, 3.0 bath 3672 sq. ft. 0.108 acres

Turnkey Cash-Flowing Investment - Section 8 Ready - Up to $3,500/Month Potential! Fantastic investment or owner-occupant opportunity in Cleveland's growing 44103 neighborhood! This well-maintained multi-unit property at 1161 Norwood Rd is Section 8 ready and positioned to generate up to $3,000/month in rental income, making it an ideal addition to any portfolio or a perfect house-hack opportunity. Major updates have already been completed, allowing for immediate rental potential with minimal upfront investment. Recent improvements include new flooring, fresh paint, and appliances in every unit, along with a washer and dryer hookup in the rear unit for added tenant convenience. Big-ticket mechanical updates provide peace of mind with two new hot water tanks and a newer furnace, while exterior upgrades such as new gutters, a recently replaced garage roof, and updated porch columns and banisters enhance both curb appeal and long-term durability. Located just minutes from downtown Cleveland, hospitals, universities, and major highways, this property offers strong rental demand and long-term appreciation potential. Whether you're a seasoned investor looking for cash flow or a buyer seeking to live in one unit while renting the others, this property delivers immediate income with upside potential. Turnkey. Cash-flowing. Section 8 ready. Don't miss this opportunity!

Interior:
  • Bedrooms: 8
  • Baths: 3.0
  • Sq Ft: 3672
  • Year Built: 1895
  • Utilities: 
  • Fireplaces: 
  • Stories: 2
  • Heat/AC: Other (Heating)
  • Garage: Driveway
Exterior:
  • Lot Size: 0.108 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: AluminumSiding, VinylSiding
  • Roof: Shingle, Asphalt
  • Property Taxes: $968
  • MLS #: 5185442
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Contact Information:
Beach Home For Sale in Cleveland, Ohio
Listing Agent: Janet Hayward, Greater Cleveland, 216-647-8204, 216-839-5500 Listing Site, Listing Status: Active
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7230396
Viewed 32 times.
Updated: Mar 02, 2026

This property is a Home located at 1161 Norwood Road, Cleveland, Ohio 44103, and is currently For Sale at $179,000. This Home has 8 bedrooms, 3.0 baths, 3672 sq ft.