26831 Shoreview Ave · Euclid, OH 44132

$120,000

3 bd · 1.0 ba · 1,299 sqft · SingleFamily public records · 148 Days on market

Built 1928 5,601 sqft lot $92/sqft · 22% below area Est $155k · 22% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +8.5/10.0
• Rent growth +5.0/5.0
• Livability +3.9/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

!!!ATTENTION INVESTORS!!! Welcome to this 3-bedroom, 1-bath home with a 2-car garage in Euclid, Ohio! Tenant in place and on a month-to-month, paying $1,150/month. This property is being sold strictly as-is, offering an excellent investment opportunity for real estate investors and portfolio builders. POS violations, if any, will be assumed by the buyer. Showings are preferred after an accepted offer, and the city-required POS will be ordered once the offer is accepted. Perfect for those looking to expand their rental property portfolio or add a cash-flowing asset to their real estate holdings. Don’t miss out on this turnkey investment-ready property in a convenient location!

Key facts

• 5,601 sq ft lot
• 2 garage spots
• Built 1928

🏷️ Possibly a rental listed for sale. The $120,000 price doesn't fit this home's estimated sale value (~$154,552) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $313 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 6.8% in Euclid — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#204 in OH, #3,149 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: schools C-, commute F, employment D-.
• Euclid City (suburban): math 14% / reading 28% proficiency, ranked #625 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+15.5%/yr); 39 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 40% of the median local income ($48k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Cuyahoga County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $34k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 148 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 34y ago; this cycle's ask has dropped $20k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $80k; list at $120k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price; built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $105,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 148 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.35% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.16%
• DSCR: 1.50
• GRM: 6.2

CMA / ARV

• ARV (median comp): $154,552
• List price: $120,000
• Delta: -22.36%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
571 E 260th St	0.29mi	3/1.5	1,283 (-1%)	1mo	$155,000	$121	82
26901 Farringdon Ave	0.12mi	4/1.5 (+1)	1,339 (+3%)	1mo	$156,000	$117	81
643 E 261st St	0.29mi	4/1.0 (+1)	1,344 (+4%)	1mo	$150,000	$112	75
434 E 272nd St	0.41mi	4/1.5 (+1)	1,282 (-1%)	1mo	$195,000	$152	71
568 Sycamore Dr	0.29mi	3/2.0	1,401 (+8%)	2mo	$176,400	$126	68
406 E 274th St	0.52mi	3/1.0	1,366 (+5%)	1mo	$115,000	$84	66
599 E 250th St	0.69mi	3/1.5	1,316 (+1%)	1mo	$154,500	$117	63
311 E 262nd St	0.44mi	4/1.5 (+1)	1,215 (-6%)	0mo	$200,000	$165	62
29234 Grand Blvd	0.64mi	3/2.0	1,260 (-3%)	0mo	$255,000	$202	61
25401 Farringdon Ave	0.47mi	3/1.0	1,152 (-11%)	0mo	$186,000	$161	59
795 E 260th St	0.55mi	3/1.5	1,194 (-8%)	2mo	$183,000	$153	58
29023 Weber Ave	0.54mi	4/1.5 (+1)	1,164 (-10%)	0mo	$210,000	$180	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 6.5%
• Equity multiple: 1.27×
• Total profit: $9,121
• Equity at exit: $17,892

10-year hold

• IRR: 20.3%
• Equity multiple: 3.17×
• Total profit: $72,935
• Equity at exit: $10,375

Cash invested: $33,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 44132

• Home prices YoY: -16.9%
• Rents YoY: 15.5%
• Active inventory: 39
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,618 high
• Mortgage (P&I): −$629
• Tax from tax record: −$286 /mo · $3,437/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $313

Break-even live

Break-even rent $1,222

Max offer price $120,000

Occupancy floor 76%

Sensitivity live

Price	-10% $380	-5% $347	+0% $313	+5% $279	+10% $245
Rent	-10% $185	-5% $249	+0% $313	+5% $376	+10% $440
Rate	-1.0pp $373	-0.5pp $343	base $313	+0.5pp $281	+1.0pp $250

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
26900 Zeman Ave Euclid, OH	4.0	1.5	1241	$1,531	$1.23	20d	1	0.10mi
26900 Forestview Ave Euclid, OH	3.0	1.0	1098	$1,450	$1.32	2d	1	0.16mi
26351 Farringdon Ave Euclid, OH	3.0	1.0	1257	$1,495	$1.19	2d	1	0.18mi
27190 Zeman Ave Euclid, OH	4.0	1.0	1465	$1,800	$1.23	22d	1	0.19mi
26450 Drakefield Ave Euclid, OH	4.0	1.5	1241	$1,700	$1.37	2d	1	0.26mi
611 E 260th St Euclid, OH	3.0	1.0	875	$1,595	$1.82	44d	1	0.31mi
26230 Briardale Ave Euclid, OH	3.0	2.0	1290	$1,600	$1.24	2d	1	0.35mi
27471 Forestview Ave Euclid, OH	3.0	1.0	1282	$1,495	$1.17	44d	1	0.43mi
386 Walworth Ave Unit 1496104P Euclid, OH	4.0	3.0	1862	$6,861	$3.68	2d	1	0.48mi
25301 Shoreview Ave Euclid, OH	3.0	2.0	1131	$1,499	$1.33	2d	1	0.50mi
25301 Shoreview Ave Euclid, OH	3.0	2.0	1131	$1,849	$1.63	15d	1	0.50mi
245 E 262nd St Euclid, OH	3.0	2.0	1226	$1,840	$1.50	2d	1	0.55mi
25291 Richards Ave Euclid, OH	4.0	1.0	1164	$1,850	$1.59	2d	1	0.58mi
25611 Lakeshore Blvd Unit F11 Euclid, OH	2.0	1.0	925	$995	$1.08	44d	1	0.64mi
25311 Lakeshore Blvd Unit C14 Euclid, OH	2.0	1.0	925	$995	$1.08	44d	1	0.66mi
368 E 248th St Euclid, OH	3.0	1.0	1440	$1,395	$0.97	44d	1	0.67mi
26611 Lakeshore Blvd Unit UP Euclid, OH	3.0	2.0	1400	$1,275	$0.91	21d	1	0.67mi
300 E 246th St Euclid, OH	3.0	1.0	1116	$1,864	$1.67	44d	1	0.72mi
24570 Lakeshore Blvd Euclid, OH	1.0–2.0	1.0	925	$1,200	$1.30	44d	1	0.77mi
24453 Lakeshore Blvd Euclid, OH	1.0–2.0	1.0–2.0	781	$1,040	$1.33	2d	10	0.82mi
23951 Lakeshore Blvd Euclid, OH	1.0–3.0	1.0–1.5	850	$1,168	$1.37	2d	7	0.95mi
101 E 238th St Euclid, OH	2.0	1.0	959	$1,400	$1.46	15d	1	0.98mi
27701 Mills Ave Unit 2E Euclid, OH	2.0	1.5	1176	$1,275	$1.08	44d	1	0.99mi
24200 Puritan Rd Euclid, OH	3.0	1.0	1100	$1,199	$1.09	13d	1	1.01mi
23901 Puritan Rd Euclid, OH	3.0	1.0	1326	$1,595	$1.20	15d	1	1.10mi
655 E 240th St Euclid, OH	3.0	1.0	1341	$1,550	$1.16	44d	1	1.12mi
23307 Williams Ave Euclid, OH	4.0	1.0	1220	$1,700	$1.39	24d	1	1.13mi
23214 Gay St Euclid, OH	3.0	1.0	1634	$1,864	$1.14	24d	1	1.18mi
884 E 248th St Euclid, OH	3.0	2.0	1440	$1,699	$1.18	2d	1	1.20mi
374 E 232nd St Euclid, OH	3.0	1.0	1222	$1,995	$1.63	44d	1	1.23mi
797 Babbitt Rd #22 Euclid, OH	3.0	1.5	1360	$1,600	$1.18	44d	1	1.35mi
645 Babbitt Rd Euclid, OH	3.0	1.0	1200	$1,400	$1.17	13d	1	1.36mi
26660 Tungsten Rd Unit 105 Euclid, OH	2.0	1.0	900	$1,195	$1.33	5d	1	1.40mi
29007 Foxboro St Willowick, OH	4.0	2.0	976	$1,550	$1.59	18d	1	1.43mi
29103 Barjode Rd Willowick, OH	3.0	2.0	1116	$1,950	$1.75	20d	1	1.45mi

Listing history 21 events

1. 2026-06-10
   status $120,000 Pending 148 DOM
2. 2026-06-09
   days on market $120,000 Active 148 DOM
3. 2026-06-08
   days on market $120,000 Active 147 DOM
4. 2026-06-07
   days on market $120,000 Active 146 DOM
5. 2026-06-05
   days on market $120,000 Active 143 DOM
6. 2026-06-03
   days on market $120,000 Active 142 DOM
7. 2026-06-02
   days on market $120,000 Active 141 DOM
8. 2026-06-01
   days on market $120,000 Active 140 DOM
9. 2026-05-31
   days on market $120,000 Active 139 DOM
10. 2026-05-13
    price $120,000 690-char remark

    Show marketing remark (690 chars)

    !!!ATTENTION INVESTORS!!! Welcome to this 3-bedroom, 1-bath home with a 2-car garage in Euclid, Ohio! Tenant in place and on a month-to-month, paying $1,150/month. This property is being sold strictly as-is, offering an excellent investment opportunity for real estate investors and portfolio builders. POS violations, if any, will be assumed by the buyer. Showings are preferred after an accepted offer, and the city-required POS will be ordered once the offer is accepted. Perfect for those looking to expand their rental property portfolio or add a cash-flowing asset to their real estate holdings. Don’t miss out on this turnkey investment-ready property in a convenient location!

11. 2026-04-23
    price $130,000 690-char remark

    Show marketing remark (690 chars)

    !!!ATTENTION INVESTORS!!! Welcome to this 3-bedroom, 1-bath home with a 2-car garage in Euclid, Ohio! Tenant in place and on a month-to-month, paying $1,150/month. This property is being sold strictly as-is, offering an excellent investment opportunity for real estate investors and portfolio builders. POS violations, if any, will be assumed by the buyer. Showings are preferred after an accepted offer, and the city-required POS will be ordered once the offer is accepted. Perfect for those looking to expand their rental property portfolio or add a cash-flowing asset to their real estate holdings. Don’t miss out on this turnkey investment-ready property in a convenient location!

12. 2026-03-10
    price $133,000 690-char remark

    Show marketing remark (690 chars)

    !!!ATTENTION INVESTORS!!! Welcome to this 3-bedroom, 1-bath home with a 2-car garage in Euclid, Ohio! Tenant in place and on a month-to-month, paying $1,150/month. This property is being sold strictly as-is, offering an excellent investment opportunity for real estate investors and portfolio builders. POS violations, if any, will be assumed by the buyer. Showings are preferred after an accepted offer, and the city-required POS will be ordered once the offer is accepted. Perfect for those looking to expand their rental property portfolio or add a cash-flowing asset to their real estate holdings. Don’t miss out on this turnkey investment-ready property in a convenient location!

13. 2026-01-29
    price $135,000 690-char remark

    Show marketing remark (690 chars)

    !!!ATTENTION INVESTORS!!! Welcome to this 3-bedroom, 1-bath home with a 2-car garage in Euclid, Ohio! Tenant in place and on a month-to-month, paying $1,150/month. This property is being sold strictly as-is, offering an excellent investment opportunity for real estate investors and portfolio builders. POS violations, if any, will be assumed by the buyer. Showings are preferred after an accepted offer, and the city-required POS will be ordered once the offer is accepted. Perfect for those looking to expand their rental property portfolio or add a cash-flowing asset to their real estate holdings. Don’t miss out on this turnkey investment-ready property in a convenient location!

14. 2026-01-12
    listed $140,000 Active 690-char remark

    Show marketing remark (690 chars)

    !!!ATTENTION INVESTORS!!! Welcome to this 3-bedroom, 1-bath home with a 2-car garage in Euclid, Ohio! Tenant in place and on a month-to-month, paying $1,150/month. This property is being sold strictly as-is, offering an excellent investment opportunity for real estate investors and portfolio builders. POS violations, if any, will be assumed by the buyer. Showings are preferred after an accepted offer, and the city-required POS will be ordered once the offer is accepted. Perfect for those looking to expand their rental property portfolio or add a cash-flowing asset to their real estate holdings. Don’t miss out on this turnkey investment-ready property in a convenient location!

15. 2017-09-19
    soldstatus $80,000
16. 1996-08-19
    soldstatus $80,400 320-char remark

    Show marketing remark (320 chars)

    Wow! Pride Of Ownership Shows * Traditional Front Porch Colonial W/ Natural Woodwork * Updated Bath & Kitchen(W/ Extra Nook) * Newer Carpet Thru-out * Newer Plumbing * Newer Garage * Roof To Be Replaced * Wbfp In Lr * Formal Dining Rm W/ China Cabinets * Glass Block Windows In Bsmt * Walk Up Attic * Show &

17. 1996-08-19
    soldstatus $84,000

    Show marketing remark (320 chars)

    Wow! Pride Of Ownership Shows * Traditional Front Porch Colonial W/ Natural Woodwork * Updated Bath & Kitchen(W/ Extra Nook) * Newer Carpet Thru-out * Newer Plumbing * Newer Garage * Roof To Be Replaced * Wbfp In Lr * Formal Dining Rm W/ China Cabinets * Glass Block Windows In Bsmt * Walk Up Attic * Show &

18. 1996-05-17
    listed $84,400 320-char remark

    Show marketing remark (320 chars)

    Wow! Pride Of Ownership Shows * Traditional Front Porch Colonial W/ Natural Woodwork * Updated Bath & Kitchen(W/ Extra Nook) * Newer Carpet Thru-out * Newer Plumbing * Newer Garage * Roof To Be Replaced * Wbfp In Lr * Formal Dining Rm W/ China Cabinets * Glass Block Windows In Bsmt * Walk Up Attic * Show &

19. 1993-03-26
    soldstatus $51,000
20. 1993-03-26
    soldstatus $51,000
21. 1992-11-24
    listed $59,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $3,437 · $286/mo
• Projected year-2 tax: $3,437 · $286/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥94°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,417
• − Mortgage interest: −$6,722
• − Property taxes: −$3,437
• − Insurance: −$600
• − Repairs & maintenance: −$1,553
• − Management: −$1,553
• − Depreciation: −$3,491
• Taxable income: $2,060
• Est. tax owed @ 24.0%: −$494
• After-tax cash flow: $3,256/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Euclid City
• NCES district ID: 3904395
• Math proficiency: 14% ▼ -19.00%
• Reading proficiency: 28% ▼ -14.00%
• Median HH income: $36,385
• Composite: 17.39/100
• National rank: #9067
• State rank: #625 of 656 in OH

Livability — Euclid

• Score: 77/100
• State rank: #204
• US rank: #3149

Category grades

Amenities B- Commute F Cost of living A+ Crime B+ Employment D- Housing A+ Health & safety B User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Euclid, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 41,855
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 14,633
• Household income: $47,969
• Rent vs Own: 56.2% rent · 43.8% own
• Severe rent burden: 1297.0

Population outlook (Cuyahoga County) Hauer SSP2

• Today (2025): 1,244,621 people
• By 2030: 1,230,093 · -1.2%
• By 2040: 1,189,108 · -4.5%
• By 2050: 1,145,706 · -7.9%
• By 2075: 1,076,557 · -13.5%
• By 2100: 978,987 · -21.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Black (64%)
• Race & ethnicity: Black 64% White 29% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 4% Italian 1% Subsaharan African 1%
• Foreign-born: 3%
• Languages at home: 93% English-only · Spanish 3% Russian/Polish/Slavic 1%

Political lean MEDSL · Cuyahoga

• 2024 margin: Solid D (+31.5) · D 65.4% · R 33.9%
• 2008→2024 swing: -7.4pp toward R · 2008: 38.9pp · 2024: 31.5pp
• All cycles: 2024: D+31.5 2020: D+34.1 2016: D+35.0 2012: D+38.7 2008: D+38.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -41.89%
• Current HPI: 206.0583
• Rent YoY: ▲ 15.49%
• Metro: Cleveland-Elyria, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+100.3% since first listed

12 events — show timeline

• 2026-05-13 Price Changed $120,000 MLSNOW
• 2026-04-23 Price Changed $130,000 MLSNOW
• 2026-03-10 Price Changed $133,000 MLSNOW
• 2026-01-29 Price Changed $135,000 MLSNOW
• 2026-01-12 Listed $140,000 MLSNOW
• 2017-09-19 Sold (Public Records) $80,000 Public Records
• 1996-08-19 Sold (Public Records) $84,000 Public Records
• 1996-08-19 Sold (MLS) $80,400 MLSNOW
• 1996-05-17 Listed $84,400 MLSNOW
• 1993-03-26 Sold (Public Records) $51,000 Public Records
• 1993-03-26 Sold (MLS) $51,000 MLSNOW
• 1992-11-24 Listed $59,900 MLSNOW

Property tax history

+3.6%/yr

Latest (2025): $3,437 · -2.9% YoY. Source: county tax records.