1537 E 214th St · Euclid, OH 44117

$119,900

3 bd · 1.0 ba · 1,002 sqft · SingleFamily public records · 27 Days on market

Built 1932 8,712 sqft lot Est $112k · 7% over

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Why this score? — see what drove the C 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 +25.7/30.0
• DSCR +8.6/10.0
• 1% rule +6.9/10.0
• ARV discount +4.4/15.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

Key facts

• New cabinetry
• Updated flooring
• Neutral paint

Tags

• COZY LIVING ROOM FIREPLACE
• REFRESHED KITCHEN
• NEW CABINETRY
• UPDATED FLOORING
• NEUTRAL PAINT

Property features AI

Exterior

• Parking: Detached garage with garage door opener (1 garage space)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half stories; Built in 1932; No shared/common walls
• Construction: Block foundation
• Exterior features: Deck; Outbuilding

Interior

• Bedrooms: One main-level bedroom
• Flooring: Carpet flooring
• Bathrooms: One full bathroom
• Heating & cooling: Forced air heating
• Interior features: Full basement; Living area approximately 1002

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 $286 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $118k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.2% 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: 33 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 40% of the median local income ($43k/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 $829 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.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($118k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $98k; 22% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $118,101 (1.5% below list)

Questions for the listing agent

1. Built in 1932 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.19% ✓
• Cap rate: 9.16%
• Cash-on-cash: 10.24%
• DSCR: 1.46
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $112,224
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1556 E 221st St	0.19mi	3/1.5	1,152 (+15%)	10mo	$140,000	$122	56
20180 Hillcrest Dr	0.62mi	3/1.5	1,092 (+9%)	0mo	$122,500	$112	54
20130 Green Oak Dr	0.68mi	2/1.0 (-1)	960 (-4%)	8mo	$125,000	$130	50
1448 E 221st St	0.27mi	2/1.0 (-1)	1,134 (+13%)	14mo	$122,500	$108	49
1375 E 219th St	0.33mi	2/1.0 (-1)	898 (-10%)	18mo	$100,000	$111	47
1561 E 204th St	0.49mi	3/1.0	1,144 (+14%)	8mo	$115,000	$101	47
22581 Chardon Rd	0.45mi	2/1.0 (-1)	928 (-7%)	19mo	$140,000	$151	46
22409 Coulter Ave	0.42mi	2/1.0 (-1)	924 (-8%)	20mo	$84,000	$91	46
1975 E 226th St	0.52mi	2/1.0 (-1)	900 (-10%)	11mo	$176,000	$196	45

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -0.9%
• Equity multiple: 0.97×
• Total profit: $-1,157
• Equity at exit: $17,877

10-year hold

• IRR: 8.8%
• Equity multiple: 1.67×
• Total profit: $22,597
• Equity at exit: $10,367

Cash invested: $33,572 (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 44117

• Home prices YoY: -9.8%
• Active inventory: 33
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,424 high
• Mortgage (P&I): −$629
• Tax from tax record: −$160 /mo · $1,915/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$299
• Net cashflow: $286

Break-even live

Break-even rent $1,061

Max offer price $119,900

Occupancy floor 75%

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
22050 Chardon Rd Euclid, OH	3.0	1.5	1209	$1,500	$1.24	44d	1	0.37mi
22550 Euclid Ave Unit 207 Euclid, OH	2.0	1.0	888	$1,279	$1.44	44d	1	0.37mi
22680 Coulter Ave Unit 1 Euclid, OH	4.0	2.0	1428	$1,600	$1.12	21d	1	0.45mi
20051 Green Oak Dr Euclid, OH	3.0	1.5	1092	$1,550	$1.42	15d	1	0.73mi
19750 Euclid Ave Euclid, OH	1.0–3.0	1.0–1.5	840	$1,350	$1.61	16d	3	0.84mi
24130 Euclid Ave Euclid, OH	2.0	1.0	725	$1,200	$1.66	16d	2	0.95mi
871 E 212th St Cleveland, OH	3.0	1.5	1092	$1,399	$1.28	44d	1	1.00mi
25 Trenton Sq Unit T54 Cleveland, OH	3.0	2.0	1324	$1,500	$1.13	16d	1	1.06mi
927 E 216th St Unit 1 Euclid, OH	2.0	1.0	850	$1,147	$1.35	4d	1	1.06mi
20664 Miller Ave Unit Down Unit Euclid, OH	3.0	2.0	1100	$1,200	$1.09	44d	1	1.16mi
1541 E 191st St Euclid, OH	2.0	1.0–1.5	624	$925	$1.48	44d	1	1.18mi
24630 Euclid Ave Euclid, OH	2.0	1.0	750	$1,100	$1.47	11d	1	1.20mi
21250 Goller Ave Cleveland, OH	3.0	1.0	1161	$1,275	$1.10	12d	1	1.20mi
21252 Goller Ave Euclid, OH	3.0	1.0	1161	$1,275	$1.10	20d	1	1.21mi
961 E 224th St Euclid, OH	3.0	1.0	1034	$1,300	$1.26	16d	1	1.24mi
540 E 208th St Cleveland, OH	2.0	1.0	1189	$1,025	$0.86	44d	1	1.37mi
21301 Arbor Ave Euclid, OH	3.0	1.0	1050	$1,450	$1.38	20d	1	1.38mi
22501 Arms Ave Euclid, OH	3.0	1.0	1044	$1,350	$1.29	24d	1	1.40mi
21980 Ivan Ave Euclid, OH	4.0	2.0	1348	$1,350	$1.00	44d	1	1.41mi
1905 Braeburn Park Dr Euclid, OH	3.0	1.5	1260	$1,500	$1.19	15d	1	1.43mi
25170 Treadwell Ave Euclid, OH	2.0	1.0	1248	$1,297	$1.04	44d	1	1.45mi
19430 Monterey Ave Cleveland, OH	3.0	1.5	898	$1,236	$1.38	21d	1	1.46mi
18231 Euclid Ave Cleveland, OH	1.0–2.0	1.0	767	$1,818	$2.37	2d	1	1.47mi
19330 Monterey Ave Cleveland, OH	4.0	1.5	1200	$1,450	$1.21	3d	1	1.47mi
21271 Nicholas Ave Euclid, OH	3.0	2.0	1300	$1,689	$1.30	44d	1	1.49mi

Listing history 22 events

1. 2026-06-18
   days on market $119,900 Active 27 DOM
2. 2026-06-17
   days on market $119,900 Active 26 DOM
3. 2026-06-16
   days on market $119,900 Active 25 DOM
4. 2026-06-15
   days on market $119,900 Active 24 DOM
5. 2026-06-13
   days on market $119,900 Active 22 DOM
6. 2026-06-09
   days on market $119,900 Active 18 DOM
7. 2026-06-08
   days on market $119,900 Active 17 DOM
8. 2026-06-07
   days on market $119,900 Active 16 DOM
9. 2026-06-05
   days on market $119,900 Active 13 DOM
10. 2026-06-03
    days on market $119,900 Active 12 DOM
11. 2026-06-02
    days on market $119,900 Active 11 DOM
12. 2026-06-01
    days on market $119,900 Active 10 DOM
13. 2026-05-31
    days on market $119,900 Active 9 DOM
14. 2026-05-22
    listed $119,900 Active
15. 2021-09-24
    soldstatus $97,900 Closed 737-char remark

    Show marketing remark (737 chars)

    Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

16. 2021-07-28
    status Pending 737-char remark

    Show marketing remark (737 chars)

    Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

17. 2021-07-12
    historical Contingent 737-char remark

    Show marketing remark (737 chars)

    Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

18. 2021-07-06
    price $94,900 737-char remark

    Show marketing remark (737 chars)

    Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

19. 2021-06-25
    status Active 737-char remark

    Show marketing remark (737 chars)

    Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

20. 2021-06-15
    historical Contingent 737-char remark

    Show marketing remark (737 chars)

    Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

21. 2021-06-08
    listed $97,500 Active 737-char remark

    Show marketing remark (737 chars)

    Welcome to this charming 3 bedroom 1 bath home with a beautiful front porch! Kitchen with new cabinets and appliances included. Quaint living room with a fireplace & dining area and one bedroom on the first floor. Second floor has 2 bedrooms and a full bath. New carpeting throughout! Cozy deck off of the kitchen to enjoy your morning coffee. All of the home's interior walls, trim, & ceiling have been professionally painted. New Furnace, New Hot Water Tank, New Plumbing/Water Lines and Drains, New Electrical! New Bathroom Sink, Toilet and Vanity! Freshly painted one car detached garage with a new metal roof! New asphalt driveway! Stop wasting money on rent! This is the one you have been waiting for! Bring all Offers!

22. 1977-02-01
    soldstatus $15,000

ⓘ 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: $1,915 · $160/mo
• Projected year-2 tax: $1,915 · $160/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: $17,085
• − Mortgage interest: −$6,716
• − Property taxes: −$1,915
• − Insurance: −$600
• − Repairs & maintenance: −$1,367
• − Management: −$1,367
• − Depreciation: −$3,488
• Taxable income: $1,633
• Est. tax owed @ 24.0%: −$392
• After-tax cash flow: $3,046/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): 9,172
• Household income: $43,013
• Rent vs Own: 53.7% rent · 46.3% own
• Severe rent burden: 970.0

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: Predominantly Black (71%)
• Race & ethnicity: Black 71% White 22% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Lithuanian 2% Romanian 1% Serbian 1%
• Foreign-born: 2%
• Languages at home: 96% English-only · Spanish 2% French/Haitian/Cajun 1% Tagalog/Filipino 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: ▼ -23.42%
• Current HPI: 214.6784
• Rent YoY: —
• 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

+699.3% since first listed

9 events — show timeline

• 2026-05-22 Listed $119,900 CBRMLS
• 2021-09-24 Sold (MLS) $97,900 MLSNOW
• 2021-07-28 Pending — MLSNOW
• 2021-07-12 Contingent — MLSNOW
• 2021-07-06 Price Changed $94,900 MLSNOW
• 2021-06-25 Relisted — MLSNOW
• 2021-06-15 Contingent — MLSNOW
• 2021-06-08 Listed $97,500 MLSNOW
• 1977-02-01 Sold (Public Records) $15,000 Public Records

Property tax history

+1.9%/yr

Latest (2025): $1,915 · -2.8% YoY. Source: county tax records.