5716 Hosmer Avenue, Cleveland, OH 44105

Other
NZD $559,393
USD $315,000
Published on: 03 Oct 2026
Last updated on: 03 Oct 2026
5716 Hosmer Avenue, Cleveland, OH 44105
  • 1
Property ID: 110120080318
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CommercialSale, Cleveland, OH

5716 Hosmer Avenue, Cleveland, OH 44105
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!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
339.94 m2
Year Built
1900
Num Floors
1
County
Cuyahoga
Parcel ID
132-12-094
Provider
MLS Now
Subdivision
Dippel & Pitras Resub
Brokerage Office Name
Russell Real Estate Services
Brokerage Office Phone
(440) 268-9491
Neighbourhoods
Dippel & Pitras Resub
Address
5716 Hosmer Avenue, Cleveland, OH 44105

Tax History

YearTax amount
2025USD $3977NZD $7,063*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Amanda Turney
Russell Real Estate Services
201 N Leavitt Road , Amherst, OH 44001
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Amanda Turney
201 N Leavitt Road , Amherst, OH 44001
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      Property ID: 110120080318

      Original Property ID: 3yd-NEOHREXOH-5250100
      Data provided by MLS Now, MLS #: 5250100
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