1605 East 84th Street Cleveland OH 44103

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5 investors added to watchlist·43 days on market

1605 East 84th Street

Cleveland OH 44103

Home Price

$94,000

$28,200 down payment (30%)

Year 1 Highlights

6.65%Cash on Cash info icon

7.16%Cap Rate info icon

2%YoY Appreciation info icon

$265Cash Flow/mo. info icon

1605 East 84th Street, Cleveland OH 44103

$94,000

3 bed·1 bath·1,579 sqft·Built 1900

Leased · $900/moVerified by Doorvest

43 days on market·5 investors watching

Year 1 Highlights

6.65%Cash on Cash info icon

7.16%Cap Rate info icon

2%YoY Appreciation info icon

$265Cash Flow/mo. info icon

Why invest?

Same tenant since 2021, M2M lease

1605 East 84th Street offers investors a straightforward Cleveland rental opportunity in a market known for reliable tenant demand and flexible landlord conditions. Located in 44103, this residential asset benefits from Cleveland’s stable employment base and strong rent-to-price dynamics, making it well suited for long-term income-focused ownership.

Property Overview

This 1900-built residential home features 3 bedrooms, 1 bath, and 1,579 square feet of living space. The larger layout and classic single-family format appeal to renters seeking room to spread out, while the vintage construction offers value-add potential for investors looking to improve appeal and occupancy.

Economic and Employment Insights

Cleveland’s economy is supported by major employers including Cleveland Clinic, University Hospitals, and KeyCorp, spanning healthcare, research, and financial services. With 1.5% job growth and 0.5% population growth, the market shows steady fundamentals and a stable tenant base.

Local Amenities

The 44103 area gives residents access to employment centers, transit routes, neighborhood retail, and everyday conveniences across Cleveland. Proximity to parks, dining, and city services helps support lease-up and retention for tenants seeking urban accessibility with practical daily living.

Currently Leased

Monthly Rent

$900/month

✓ Managed & verified by Doorvest

Lease Term

Feb 2021 – Unknown

Tenant Since

Feb 2021

Managed by Doorvest

Lease data verified by Doorvest.

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