367 E 211th St · Euclid, OH 44123

$135,000

2 bd · 1.0 ba · 1,023 sqft · SingleFamily public records · 54 Days on market

Built 1946 4,961 sqft lot $132/sqft · at area comps Est $135k · at est.

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Why this score? — see what drove the D 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 +14.4/30.0
• ARV discount +7.4/15.0
• 1% rule +4.7/10.0
• DSCR +4.4/10.0
• Livability +3.9/5.0
• Rent growth +3.8/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A GREAT VALUE in this 2 bedroom colonial with large living room that has a faux fireplace and separate dining room. Has a full basement and is on a quiet street. Electric panel updated and furnace replace in 2016. The home is in a great area close to Lake Erie, two public beach parks, fabulous restaurants, shopping and the freeway is only less than one mile away. Buyer has the option of joining a private membership only lakefront beach club as wekk. The hospital and clinic are just a few blocks away. Seller will look at any reasonable offer. Buyer to assume violations.

Key facts

• 4,961 sq ft lot
• Parking
• Built 1946

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Two-story single-family home; Block foundation
• Construction: Wood siding; Asphalt/fiberglass roof; Built (year per public records)
• Exterior features: Rear covered porch; Flat, level lot

Interior

• Kitchen: First-floor kitchen with ceramic tile flooring (~12 x 10)
• Bedrooms: Two bedrooms on the second floor (each ~12 x 11)
• Flooring: Hardwood flooring in living areas and bedrooms; Ceramic tile in kitchen; Concrete flooring in lower-level room
• Bathrooms: One full bathroom (second floor, ~8 x 7)
• Heating & cooling: Forced-air heating
• Interior features: Full, partially finished basement; Living room fireplace

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $27 ($323/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (3.3% below list).
• Recommended offer: $131k (3.3% below list) — sets the bar for 1% rule.

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: 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.
• Zoned schools: Arbor Elementary School (math 17% / reading 28%, grade F, #1,239 of 1,584 statewide, top 78%, 370 students, 0% FRL); Euclid Middle School (math 10% / reading 22%, grade F, #624 of 654 statewide, top 96%, 934 students, 0% FRL); Euclid High School (math 7% / reading 33%, grade F, #675 of 781 statewide, top 87%, 1,618 students, 0% FRL) — zoned schools average 0% FRL vs 70% district-wide (70 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents rising fast (+5.3%/yr); 96 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 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 54 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 11y ago; this cycle's ask has dropped $11k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $66k; list at $135k implies a 105% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1946 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $130,547 (3.3% below list)

Questions for the listing agent

1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. 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.
6. 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.
7. 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: 0.97% ✗
• Cap rate: 6.53%
• Cash-on-cash: 0.85%
• DSCR: 1.04
• GRM: 8.6

CMA / ARV

• ARV (median comp): $134,713
• List price: $135,000
• Delta: 0.21%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
21250 Wilmore Ave	0.40mi	3/1.0 (+1)	978 (-4%)	0mo	$59,400	$61	69
21771 Ball Ave	0.31mi	3/1.0 (+1)	1,093 (+7%)	0mo	$140,000	$128	69
20671 Wilmore Ave	0.42mi	3/1.0 (+1)	1,053 (+3%)	4mo	$120,000	$114	68
22000 Kennison Ave	0.30mi	3/1.5 (+1)	1,100 (+8%)	1mo	$180,000	$164	66
21170 Wilmore Ave	0.40mi	3/2.0 (+1)	978 (-4%)	0mo	$107,100	$110	65
20770 Morris Ave	0.48mi	3/1.0 (+1)	1,081 (+6%)	1mo	$155,000	$143	63
273 E 208th St	0.14mi	3/1.0 (+1)	1,174 (+15%)	1mo	$150,000	$128	63
161 E 216th St	0.50mi	3/2.5 (+1)	1,053 (+3%)	2mo	$215,000	$204	59
20450 Wilmore Ave	0.48mi	3/1.0 (+1)	1,092 (+7%)	5mo	$130,000	$119	57
20561 Westport Ave	0.39mi	3/2.0 (+1)	1,092 (+7%)	6mo	$142,000	$130	56
20500 Morris Ave	0.51mi	3/1.0 (+1)	1,104 (+8%)	3mo	$134,000	$121	55
21440 Fuller Ave	0.25mi	3/2.0 (+1)	1,170 (+14%)	5mo	$140,000	$120	52

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 · 5.28% rent growth · sell at horizon

5-year hold

• IRR: -12.2%
• Equity multiple: 0.55×
• Total profit: $-17,035
• Equity at exit: $20,129

10-year hold

• IRR: 0.3%
• Equity multiple: 1.02×
• Total profit: $801
• Equity at exit: $11,672

Cash invested: $37,800 (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 44123

• Home prices YoY: -25.0%
• Rents YoY: 5.3%
• Active inventory: 96
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,305 high
• Mortgage (P&I): −$708
• Tax from tax record: −$240 /mo · $2,882/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $27

Break-even live

Break-even rent $1,271

Max offer price $135,000

Occupancy floor 93%

Sensitivity live

Price	-10% $103	-5% $65	+0% $27	+5% $-11	+10% $-50
Rent	-10% $-76	-5% $-25	+0% $27	+5% $78	+10% $130
Rate	-1.0pp $95	-0.5pp $61	base $27	+0.5pp $-8	+1.0pp $-44

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
21251 S Lake Shore Blvd Euclid, OH	3.0	2.0	1246	$1,595	$1.28	45d	1	0.04mi
21000 Priday Ave Euclid, OH	3.0	1.0	1200	$1,300	$1.08	45d	1	0.20mi
21751 Priday Ave Euclid, OH	3.0	1.0	1174	$1,545	$1.32	23d	1	0.20mi
21860 Roberts Ave Euclid, OH	3.0	1.0	1253	$1,450	$1.16	9d	1	0.22mi
488 E 222nd St Unit Up Euclid, OH	2.0	1.0	900	$1,100	$1.22	23d	1	0.25mi
26200 S Lake Shr Euclid, OH	3.0	1.5	1305	$1,225	$0.94	9d	1	0.27mi
521 E 222nd St Euclid, OH	2.0	1.0	800	$1,500	$1.88	25d	1	0.28mi
415 E 222nd St Unit 461-23 Euclid, OH	2.0	1.0	700	$875	$1.25	45d	1	0.35mi
20231 Crystal Ave Euclid, OH	2.0	1.0	833	$799	$0.96	18d	1	0.36mi
20990 Morris Ave Euclid, OH	3.0	1.0	778	$1,355	$1.74	45d	1	0.44mi
20500 Morris Ave Euclid, OH	3.0	1.0	1104	$1,399	$1.27	45d	1	0.51mi
21271 Nicholas Ave Euclid, OH	3.0	2.0	1300	$1,689	$1.30	45d	1	0.51mi
22370 Tracy Ave Euclid, OH	3.0	1.0	1202	$1,575	$1.31	18d	1	0.59mi
404 E 200th St Cleveland, OH	2.0	1.0	884	$1,095	$1.24	45d	1	0.61mi
21301 Arbor Ave Euclid, OH	3.0	1.0	1050	$1,450	$1.38	21d	1	0.62mi
455 E 200th St Cleveland, OH	2.0	1.0	950	$1,150	$1.21	25d	1	0.66mi
645 Babbitt Rd Euclid, OH	3.0	1.0	1200	$1,400	$1.17	14d	1	0.67mi
540 E 208th St Cleveland, OH	2.0	1.0	1189	$1,025	$0.86	45d	1	0.71mi
824 E 236th St Euclid, OH	3.0	2.0	1100	$1,720	$1.56	3d	1	0.74mi
22501 Arms Ave Euclid, OH	3.0	1.0	1044	$1,350	$1.29	25d	1	0.75mi
374 E 232nd St Euclid, OH	3.0	1.0	1222	$1,995	$1.63	45d	1	0.78mi
21252 Goller Ave Euclid, OH	3.0	1.0	1161	$1,275	$1.10	22d	1	0.79mi
21250 Goller Ave Cleveland, OH	3.0	1.0	1161	$1,275	$1.10	14d	1	0.80mi
797 Babbitt Rd #22 Euclid, OH	3.0	1.5	1360	$1,600	$1.18	45d	1	0.86mi
23901 Puritan Rd Euclid, OH	3.0	1.0	1326	$1,595	$1.20	16d	1	0.86mi
20664 Miller Ave Unit Down Unit Euclid, OH	3.0	2.0	1100	$1,200	$1.09	45d	1	0.90mi
655 E 240th St Euclid, OH	3.0	1.0	1341	$1,550	$1.16	45d	1	0.90mi
961 E 224th St Euclid, OH	3.0	1.0	1034	$1,300	$1.26	18d	1	0.90mi
19430 Monterey Ave Cleveland, OH	3.0	1.5	898	$1,236	$1.38	23d	1	0.94mi
927 E 216th St Unit 1 Euclid, OH	2.0	1.0	850	$1,147	$1.35	6d	1	0.95mi
24200 Puritan Rd Euclid, OH	3.0	1.0	1100	$1,199	$1.09	14d	1	0.98mi
18800 Pasnow Ave Cleveland, OH	3.0	1.0	1348	$1,350	$1.00	18d	1	0.99mi
871 E 212th St Cleveland, OH	3.0	1.5	1092	$1,399	$1.28	45d	1	1.01mi
884 E 248th St Euclid, OH	3.0	2.0	1440	$1,699	$1.18	3d	1	1.08mi
101 E 238th St Euclid, OH	2.0	1.0	959	$1,400	$1.46	16d	1	1.36mi
23951 Lakeshore Blvd Euclid, OH	1.0–3.0	1.0–1.5	850	$972	$1.14	3d	7	1.37mi
368 E 248th St Euclid, OH	3.0	1.0	1440	$1,395	$0.97	45d	1	1.37mi
270 E 244th St Euclid, OH	1.0–2.0	1.0	702	$950	$1.35	23d	3	1.37mi
300 E 246th St Euclid, OH	3.0	1.0	1116	$1,864	$1.67	45d	1	1.39mi
24453 Lakeshore Blvd Euclid, OH	1.0–2.0	1.0–2.0	781	$1,040	$1.33	3d	10	1.47mi

Listing history 31 events

1. 2026-06-21
   days on market $135,000 Active 54 DOM
2. 2026-06-18
   days on market $135,000 Active 51 DOM
3. 2026-06-17
   days on market $135,000 Active 50 DOM
4. 2026-06-16
   days on market $135,000 Active 49 DOM
5. 2026-06-15
   days on market $135,000 Active 48 DOM
6. 2026-06-13
   pricedays on market $135,000 Active 46 DOM
7. 2026-06-09
   days on market $139,900 Active 42 DOM
8. 2026-06-08
   days on market $139,900 Active 41 DOM
9. 2026-06-07
   days on market $139,900 Active 40 DOM
10. 2026-06-05
    days on market $139,900 Active 37 DOM
11. 2026-06-03
    days on market $139,900 Active 36 DOM
12. 2026-06-02
    days on market $139,900 Active 35 DOM
13. 2026-06-01
    days on market $139,900 Active 34 DOM
14. 2026-05-31
    days on market $139,900 Active 33 DOM
15. 2026-04-28
    listed $146,000 Active 839-char remark
16. 2025-04-04
    historical $1,150
17. 2025-03-25
    listed $1,150
18. 2024-12-21
    historical $1,075
19. 2024-12-13
    price $1,075
20. 2024-12-06
    price $1,150
21. 2024-11-06
    listed $1,250
22. 2019-04-16
    soldstatus $66,000
23. 2017-01-24
    soldstatus $26,500 Sold 576-char remark

    Show marketing remark (576 chars)

    A GREAT VALUE in this 2 bedroom colonial with large living room that has a faux fireplace and separate dining room. Has a full basement and is on a quiet street. Electric panel updated and furnace replace in 2016. The home is in a great area close to Lake Erie, two public beach parks, fabulous restaurants, shopping and the freeway is only less than one mile away. Buyer has the option of joining a private membership only lakefront beach club as wekk. The hospital and clinic are just a few blocks away. Seller will look at any reasonable offer. Buyer to assume violations.

24. 2016-11-04
    status Pending 576-char remark

    Show marketing remark (576 chars)

    A GREAT VALUE in this 2 bedroom colonial with large living room that has a faux fireplace and separate dining room. Has a full basement and is on a quiet street. Electric panel updated and furnace replace in 2016. The home is in a great area close to Lake Erie, two public beach parks, fabulous restaurants, shopping and the freeway is only less than one mile away. Buyer has the option of joining a private membership only lakefront beach club as wekk. The hospital and clinic are just a few blocks away. Seller will look at any reasonable offer. Buyer to assume violations.

25. 2016-11-02
    historical Contingent 576-char remark

    Show marketing remark (576 chars)

    A GREAT VALUE in this 2 bedroom colonial with large living room that has a faux fireplace and separate dining room. Has a full basement and is on a quiet street. Electric panel updated and furnace replace in 2016. The home is in a great area close to Lake Erie, two public beach parks, fabulous restaurants, shopping and the freeway is only less than one mile away. Buyer has the option of joining a private membership only lakefront beach club as wekk. The hospital and clinic are just a few blocks away. Seller will look at any reasonable offer. Buyer to assume violations.

26. 2016-10-21
    price $29,900 576-char remark

    Show marketing remark (576 chars)

    A GREAT VALUE in this 2 bedroom colonial with large living room that has a faux fireplace and separate dining room. Has a full basement and is on a quiet street. Electric panel updated and furnace replace in 2016. The home is in a great area close to Lake Erie, two public beach parks, fabulous restaurants, shopping and the freeway is only less than one mile away. Buyer has the option of joining a private membership only lakefront beach club as wekk. The hospital and clinic are just a few blocks away. Seller will look at any reasonable offer. Buyer to assume violations.

27. 2016-10-07
    listed $35,000 Active 576-char remark

    Show marketing remark (576 chars)

    A GREAT VALUE in this 2 bedroom colonial with large living room that has a faux fireplace and separate dining room. Has a full basement and is on a quiet street. Electric panel updated and furnace replace in 2016. The home is in a great area close to Lake Erie, two public beach parks, fabulous restaurants, shopping and the freeway is only less than one mile away. Buyer has the option of joining a private membership only lakefront beach club as wekk. The hospital and clinic are just a few blocks away. Seller will look at any reasonable offer. Buyer to assume violations.

28. 2015-04-30
    historical
29. 2015-03-04
    listed $39,000 Active
30. 1987-01-13
    soldstatus $40,000
31. 1978-04-01
    soldstatus $42,300

ⓘ 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: $2,882 · $240/mo
• Projected year-2 tax: $2,882 · $240/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: $15,666
• − Mortgage interest: −$7,562
• − Property taxes: −$2,882
• − Insurance: −$675
• − Repairs & maintenance: −$1,253
• − Management: −$1,253
• − Depreciation: −$3,927
• Taxable loss: −$1,888
• Est. tax savings @ 24.0%: +$453
• After-tax cash flow: $776/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): 18,050
• Household income: $55,676
• Rent vs Own: 54.6% rent · 45.4% own
• Severe rent burden: 1085.0

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 (65%)
• Race & ethnicity: Black 65% White 28% Two or more races 6% Hispanic / Latino 1%
• Common ancestry: Romanian 5%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Chinese 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: ▼ -62.82%
• Current HPI: 188.4932
• Rent YoY: ▲ 5.28%
• 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

+219.1% since first listed

19 events — show timeline

• 2026-06-10 Price Changed $135,000 MLSNOW
• 2026-05-21 Price Changed $139,900 MLSNOW
• 2026-04-28 Listed $146,000 MLSNOW
• 2025-04-04 Rental Removed $1,150 SHOWMOJO
• 2025-03-25 Listed for Rent $1,150 SHOWMOJO
• 2024-12-21 Rental Removed $1,075 SHOWMOJO
• 2024-12-13 Price Changed $1,075 SHOWMOJO
• 2024-12-06 Price Changed $1,150 SHOWMOJO
• 2024-11-06 Listed for Rent $1,250 SHOWMOJO
• 2019-04-16 Sold (Public Records) $66,000 Public Records
• 2017-01-24 Sold (MLS) $26,500 MLSNOW
• 2016-11-04 Pending — MLSNOW
• 2016-11-02 Contingent — MLSNOW
• 2016-10-21 Price Changed $29,900 MLSNOW
• 2016-10-07 Listed $35,000 MLSNOW
• 2015-04-30 Listing Removed — MLSNOW
• 2015-03-04 Listed $39,000 MLSNOW
• 1987-01-13 Sold (Public Records) $40,000 Public Records
• 1978-04-01 Sold (Public Records) $42,300 Public Records

Property tax history

+2.2%/yr

Latest (2025): $2,882 · -12.0% YoY. Source: county tax records.