Michele Anderson
BEDS4
BATHS1 full
SQUARE FEET924
MLS#5190367
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMapleboro Park Allotment 02
SCHOOLMaple Heights City
Property Description
ATTENTION INVESTORS & OWNER-OCCUPANTS: HIGH-END CASH COW IN MAPLE HEIGHTS. This fully remodeled single-family home at 5550 Grasmere is a proven performer, last rented at $2,350/mo through EDEN (similar to Section 8) at 100% subsidy with no tenant portion. With the published 2026 FMR for this zip code at $2,508 and the current tenant scheduled to move out in July 30, a new owner can step in and place a fresh tenant at today's higher rent right away. The home was remodeled with high-end finishes throughout: quartz kitchen with new cabinets, hardware, and stainless steel appliances, brand-new furnace and hot water tank, and a fully tiled bathroom with backlit vanity mirrors. Four large bedrooms (two down, two up) plus a huge, clean, dry basement deliver standout rent-per-square-foot in a strong-rent Maple Heights market, with room to add value by finishing the lower level with two additional bedrooms, buyer to verify). Turnkey, low-maintenance, and ready to cash flow from day one?with optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer.
Property Features
Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air, Gas, Gravity
Home Style: Traditional
Lot Size: 0.10 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $3,603 / year
Year Built: 1925
Feature Descriptions
Appliances: Range, Refrigerator
Days on Site: 106
Exterior: Brick, Vinyl Siding
Parcel#: 781-15-101
Parking: Detached, Garage
Patio/Porch: Deck, Patio, Porch, Screened
Sewer: Public Sewer
Water: Public
Local Schools
School District: Maple Heights City
Listed By / Shown By
Listed By
Agency Name: Team Results Realty
Agency Contact: 614-382-2124, scottamarvin@gmail.com
Shown By
Agent Name: Michele Anderson
Agent Phone: (216) 374-7492
Agency Title: Progressive Urban Real Estate
Estimate Your Payment
Estimated Payment
$ 750.83 per month $398.38 Principal & Interest $300.25 Property Tax $52.21 Homeowner's InsuranceChange Payment Information
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5550 Grasmere Avenue | MLS# 5190367
This single family home located at 5550 Grasmere Avenue, Maple Heights, OH 44137 is currently listed for sale with an asking price of $179,000. This property was built in 1925 and has 4 bedrooms and 1 full baths with 924 sq. ft. Grasmere Avenue is located in the Mapleboro Park Allotment 02 subdivision within the Maple Heights City school district. Search Mapleboro Park Allotment 02 real estate on manderson.progressiveurban.com today.