1761 Oakmount Rd · South Euclid, OH 44121

$299,000

4 bd · 3.0 ba · 2,381 sqft · SingleFamily public records · 32 Days on market

Built 1946 7,000 sqft lot Est $355k · 16% under

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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).

• ARV discount +14.6/15.0
• Cash flow +8.0/30.0
• Livability +4.4/5.0
• Rent growth +4.2/5.0
• 1% rule +3.2/10.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this stunning home. From the time you walk in to the foyer, you will see the seller has paid close attention to detail in every room. Location, Location!!This well kept colonial sits on one of South Euclid's best streets. The eat-in kitchen has been updated with subway title, cabinets fronts and flooring, it flows beautifully into formal dining & living room with hardwood floors, fireplace and beautiful natural lighting filtering in. Time to unwind in the 3 season Florida room, newly carpeted with great views of the rear fenced yard and patio. Needing a 1st floor master or In-Law suite? this has it. The 5th Bedroom on the 1st floor can also be an office or family room with adjoining full bath and entrance. The second floor is full of surprises. Four spacious bedrooms including two Full Baths! A spacious second master with hardwood floors and built-ins. Two bedrooms feature a Jack-n-Jill bath with a whirlpool tub and the 4th bedroom has access to its own private porch. Many g

Key facts

• Pantry
• Flexible floor plan
• Large kitchen

Tags

• COZY FIREPLACE
• HARDWOOD FLOORS
• FLEXIBLE FLOOR PLAN
• LARGE KITCHEN
• PANTRY
• AMPLE CABINET SPACE

Property features AI

Exterior

• Parking: Attached garage (1 space)
• Utilities: Public water; Public sewer
• Home design: Two stories; Faces west
• Construction: Aluminum siding with stone accents; Asphalt/fiberglass roof; Home built (year per public records)
• Exterior features: Full fenced backyard

Interior

• Kitchen: Refrigerator; Range; Microwave; Dishwasher
• Bedrooms: One main-level bedroom
• Bathrooms: Three full bathrooms; One main-level bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Full finished basement; Two fireplaces
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $-306 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $245k (18.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (18.3% below list).
• Recommended offer: $244k (18.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 88/100 on livability (#22 in OH, #207 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+.
• South Euclid-Lyndhurst City (suburban): math 23% / reading 45% proficiency, ranked #556 of 656 in OH (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Rowland Elementary School (math 27% / reading 32%, grade F, #1,158 of 1,584 statewide, top 75%, 434 students, 50% FRL); Memorial Junior High School (math 19% / reading 45%, grade F, #559 of 654 statewide, top 87%, 497 students, 51% FRL); Brush High School (math 32% / reading 47%, grade F, #528 of 781 statewide, top 71%, 1,041 students, 44% FRL) — zoned schools at 48% FRL track the district average.
• Market conditions: Rents rising fast (+6.8%/yr); 150 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,441 units permitted in Cuyahoga County in 2024 (700 in 5+ unit buildings).
• This rent runs 38% of the median local income ($77k/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 $2k of loan paydown is wiped out by about $9k 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 32 days — a 3% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y 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 $225k; 33% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

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

Recommended offer $244,296 (18.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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?
7. 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.
8. 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.
9. 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: 0.82% ✗
• Cap rate: 5.06%
• Cash-on-cash: -4.39%
• DSCR: 0.80
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $354,769
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4482 Shirley Dr	0.27mi	4/2.5	2,299 (-3%)	2mo	$275,500	$120	78
1796 S Green Rd	0.33mi	5/2.5 (+1)	2,350 (-1%)	4mo	$244,900	$104	72
1648 Sheridan Rd	0.23mi	3/2.5 (-1)	2,412 (+1%)	16mo	$377,500	$157	67
2060 Langerdale Rd	0.74mi	4/2.5	2,351 (-1%)	2mo	$420,000	$179	60
1940 Temblethurst Rd	0.62mi	5/2.0 (+1)	2,317 (-3%)	6mo	$324,000	$140	52
4532 Greenwold Rd	0.70mi	3/2.5 (-1)	2,284 (-4%)	3mo	$350,000	$153	51
4418 Temblett Ter	0.74mi	4/3.0	2,262 (-5%)	11mo	$355,000	$157	48
1700 S Belvoir Blvd	0.51mi	4/2.0	2,152 (-10%)	14mo	$260,000	$121	45
4533 Mackall Rd	0.59mi	4/2.5	2,136 (-10%)	11mo	$355,500	$166	44
1948 S Belvoir Blvd	0.71mi	3/2.5 (-1)	2,444 (+3%)	16mo	$359,900	$147	42
4586 Greenwold Rd	0.69mi	4/2.5	2,080 (-13%)	7mo	$310,000	$149	39
1639 Rushton Rd	0.43mi	3/1.5 (-1)	2,063 (-13%)	14mo	$225,000	$109	35

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 · 6.85% rent growth · sell at horizon

5-year hold

• IRR: -19.1%
• Equity multiple: 0.31×
• Total profit: $-57,992
• Equity at exit: $44,582

10-year hold

• IRR: -4.9%
• Equity multiple: 0.63×
• Total profit: $-31,383
• Equity at exit: $25,852

Cash invested: $83,720 (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 44121

• Rents YoY: 6.8%
• Active inventory: 150
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,443 high
• Mortgage (P&I): −$1,568
• Tax from tax record: −$544 /mo · $6,525/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $-306

Break-even live

Break-even rent $2,831

Max offer price $244,881

Occupancy floor —

Sensitivity live

Price	-10% $-137	-5% $-222	+0% $-306	+5% $-391	+10% $-476
Rent	-10% $-499	-5% $-403	+0% $-306	+5% $-210	+10% $-113
Rate	-1.0pp $-156	-0.5pp $-230	base $-306	+0.5pp $-384	+1.0pp $-463

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: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2056 Laurelhill Dr Cleveland, OH	4.0	2.5	2482	$2,500	$1.01	4d	1	0.72mi
4165 Harwood Rd Cleveland, OH	4.0	2.0	1608	$1,950	$1.21	45d	1	0.83mi
23920 Glenhill Dr Beachwood, OH	4.0	2.0	2751	$2,400	$0.87	3d	1	0.85mi
24111 Edgehill Dr Beachwood, OH	4.0	2.5	1735	$2,750	$1.59	9d	1	0.87mi
2141 Halcyon Rd Beachwood, OH	4.0	2.5	2390	$4,000	$1.67	4d	1	0.88mi
4093 Bexley Blvd Cleveland, OH	3.0	1.5	1890	$1,650	$0.87	9d	1	0.97mi
24113 E Silsby Rd Beachwood, OH	4.0	2.5	1650	$2,700	$1.64	3d	1	0.99mi
4470 Silsby Rd Cleveland, OH	3.0	1.5	1654	$2,400	$1.45	3d	1	1.04mi
1420 Villa Dr Cleveland, OH	3.0	2.0	1600	$1,550	$0.97	45d	1	1.06mi
4461 Groveland Rd Cleveland, OH	5.0	2.0	1820	$2,495	$1.37	3d	1	1.07mi
4198 Bushnell Rd Cleveland, OH	3.0	1.5	2253	$2,100	$0.93	12d	1	1.21mi
4069 Bushnell Rd Cleveland, OH	3.0	1.5	2397	$2,000	$0.83	13d	1	1.35mi
3895 Colony Rd Cleveland, OH	3.0	2.0	1800	$1,700	$0.94	18d	1	1.46mi
2452 Bromley Rd University Heights, OH	4.0	2.5	2219	$2,800	$1.26	25d	1	1.47mi
4037 Washington Blvd University Heights, OH	3.0	2.5	2403	$2,750	$1.14	3d	1	1.50mi

Listing history 28 events

1. 2026-06-21
   days on market $299,000 Active 32 DOM
2. 2026-06-18
   days on market $299,000 Active 29 DOM
3. 2026-06-17
   days on market $299,000 Active 28 DOM
4. 2026-06-16
   days on market $299,000 Active 27 DOM
5. 2026-06-15
   days on market $299,000 Active 26 DOM
6. 2026-06-13
   days on market $299,000 Active 24 DOM
7. 2026-06-13
   days on market $299,000 Active 23 DOM
8. 2026-06-09
   days on market $299,000 Active 20 DOM
9. 2026-06-08
   statusdays on market $299,000 Active 19 DOM
10. 2026-06-07
    days on market $299,000 Contingent 18 DOM
11. 2026-06-05
    days on market $299,000 Contingent 15 DOM
12. 2026-06-03
    days on market $299,000 Contingent 14 DOM
13. 2026-06-02
    statusdays on market $299,000 Contingent 13 DOM
14. 2026-06-01
    days on market $299,000 Active 12 DOM
15. 2026-05-31
    days on market $299,000 Active 11 DOM
16. 2026-05-20
    listed $299,000 Active
17. 2021-06-04
    soldstatus $225,000
18. 2021-05-03
    soldstatus $225,000
19. 2021-04-30
    soldstatus $225,000 Closed 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this stunning home. From the time you walk in to the foyer, you will see the seller has paid close attention to detail in every room. Location, Location!!This well kept colonial sits on one of South Euclid's best streets. The eat-in kitchen has been updated with subway title, cabinets fronts and flooring, it flows beautifully into formal dining & living room with hardwood floors, fireplace and beautiful natural lighting filtering in. Time to unwind in the 3 season Florida room, newly carpeted with great views of the rear fenced yard and patio. Needing a 1st floor master or In-Law suite? this has it. The 5th Bedroom on the 1st floor can also be an office or family room with adjoining full bath and entrance. The second floor is full of surprises. Four spacious bedrooms including two Full Baths! A spacious second master with hardwood floors and built-ins. Two bedrooms feature a Jack-n-Jill bath with a whirlpool tub and the 4th bedroom has access to its own private porch. Many g

20. 2021-04-15
    status Pending 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this stunning home. From the time you walk in to the foyer, you will see the seller has paid close attention to detail in every room. Location, Location!!This well kept colonial sits on one of South Euclid's best streets. The eat-in kitchen has been updated with subway title, cabinets fronts and flooring, it flows beautifully into formal dining & living room with hardwood floors, fireplace and beautiful natural lighting filtering in. Time to unwind in the 3 season Florida room, newly carpeted with great views of the rear fenced yard and patio. Needing a 1st floor master or In-Law suite? this has it. The 5th Bedroom on the 1st floor can also be an office or family room with adjoining full bath and entrance. The second floor is full of surprises. Four spacious bedrooms including two Full Baths! A spacious second master with hardwood floors and built-ins. Two bedrooms feature a Jack-n-Jill bath with a whirlpool tub and the 4th bedroom has access to its own private porch. Many g

21. 2021-04-11
    listed $182,000 Active 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this stunning home. From the time you walk in to the foyer, you will see the seller has paid close attention to detail in every room. Location, Location!!This well kept colonial sits on one of South Euclid's best streets. The eat-in kitchen has been updated with subway title, cabinets fronts and flooring, it flows beautifully into formal dining & living room with hardwood floors, fireplace and beautiful natural lighting filtering in. Time to unwind in the 3 season Florida room, newly carpeted with great views of the rear fenced yard and patio. Needing a 1st floor master or In-Law suite? this has it. The 5th Bedroom on the 1st floor can also be an office or family room with adjoining full bath and entrance. The second floor is full of surprises. Four spacious bedrooms including two Full Baths! A spacious second master with hardwood floors and built-ins. Two bedrooms feature a Jack-n-Jill bath with a whirlpool tub and the 4th bedroom has access to its own private porch. Many g

22. 2021-04-02
    historical $182,000 1006-char remark

    Show marketing remark (1006 chars)

    Welcome to this stunning home. From the time you walk in to the foyer, you will see the seller has paid close attention to detail in every room. Location, Location!!This well kept colonial sits on one of South Euclid's best streets. The eat-in kitchen has been updated with subway title, cabinets fronts and flooring, it flows beautifully into formal dining & living room with hardwood floors, fireplace and beautiful natural lighting filtering in. Time to unwind in the 3 season Florida room, newly carpeted with great views of the rear fenced yard and patio. Needing a 1st floor master or In-Law suite? this has it. The 5th Bedroom on the 1st floor can also be an office or family room with adjoining full bath and entrance. The second floor is full of surprises. Four spacious bedrooms including two Full Baths! A spacious second master with hardwood floors and built-ins. Two bedrooms feature a Jack-n-Jill bath with a whirlpool tub and the 4th bedroom has access to its own private porch. Many g

23. 2013-01-23
    soldstatus $111,000 607-char remark

    Show marketing remark (607 chars)

    Fabulous space and room sizes in this well kept colonial on one of South Euclid's best streets. Huge eat-in kitchen flows into formal dining & living room. 5th Bedroom on 1st can be an office or family room with adjoining full bath. Four spacious bedrooms up with choice of master & two Full Baths! Many great architectural & charming built-ins and window seats throughout the home and plenty of storage and closet space! Newer high efficiency furnace & A/C in 2006 plus waterproofing and many other great improvements! Tons of features & space for the price! Welcome Home!

24. 2013-01-23
    soldstatus $111,000

    Show marketing remark (607 chars)

    Fabulous space and room sizes in this well kept colonial on one of South Euclid's best streets. Huge eat-in kitchen flows into formal dining & living room. 5th Bedroom on 1st can be an office or family room with adjoining full bath. Four spacious bedrooms up with choice of master & two Full Baths! Many great architectural & charming built-ins and window seats throughout the home and plenty of storage and closet space! Newer high efficiency furnace & A/C in 2006 plus waterproofing and many other great improvements! Tons of features & space for the price! Welcome Home!

25. 2012-10-29
    listed $119,500 607-char remark

    Show marketing remark (607 chars)

    Fabulous space and room sizes in this well kept colonial on one of South Euclid's best streets. Huge eat-in kitchen flows into formal dining & living room. 5th Bedroom on 1st can be an office or family room with adjoining full bath. Four spacious bedrooms up with choice of master & two Full Baths! Many great architectural & charming built-ins and window seats throughout the home and plenty of storage and closet space! Newer high efficiency furnace & A/C in 2006 plus waterproofing and many other great improvements! Tons of features & space for the price! Welcome Home!

26. 2012-10-19
    historical
27. 2011-10-19
    listed $129,900
28. 1978-05-01
    soldstatus $63,000

ⓘ 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: $6,525 · $544/mo
• Projected year-2 tax: $6,525 · $544/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 2/10 Low 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,316
• − Mortgage interest: −$16,749
• − Property taxes: −$6,525
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,345
• − Management: −$2,345
• − Depreciation: −$8,698
• Taxable loss: −$8,841
• Est. tax savings @ 24.0%: +$2,122
• After-tax cash flow: $-1,554/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: South Euclid-Lyndhurst City
• NCES district ID: 3904479
• Math proficiency: 23% ▼ -22.00%
• Reading proficiency: 45% ▼ -11.00%
• Median HH income: $61,244
• Composite: 30.51/100
• National rank: #6212
• State rank: #556 of 656 in OH

Livability — South Euclid

• Score: 88/100
• State rank: #22
• US rank: #207

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Euclid, OH
• County: Cuyahoga County · 1,090,369 people
• City population: 32,312
• Metro: Cleveland-Elyria, OH
• Population (ZIP): 32,312
• Household income: $76,767
• Rent vs Own: 25.5% rent · 74.5% own
• Severe rent burden: 672.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 55% White 36% Two or more races 4% Hispanic / Latino 3% Asian 2%
• Common ancestry: Romanian 3% Italian 2% Scotch-Irish 2%
• Foreign-born: 5% · Canada, China, India
• Languages at home: 92% English-only · Spanish 2% Chinese 1% Other Indo-European 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: ▼ -180.15%
• Current HPI: 173.7405
• Rent YoY: ▲ 6.85%
• 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

+374.6% since first listed

13 events — show timeline

• 2026-05-20 Listed $299,000 MLSNOW
• 2021-06-04 Sold (Public Records) $225,000 Public Records
• 2021-05-03 Sold (Public Records) $225,000 Public Records
• 2021-04-30 Sold (MLS) $225,000 MLSNOW
• 2021-04-15 Pending — MLSNOW
• 2021-04-11 Listed $182,000 MLSNOW
• 2021-04-02 Coming Soon $182,000 MLSNOW
• 2013-01-23 Sold (Public Records) $111,000 Public Records
• 2013-01-23 Sold (MLS) $111,000 MLSNOW
• 2012-10-29 Listed $119,500 MLSNOW
• 2012-10-19 Listing Removed — MLSNOW
• 2011-10-19 Listed $129,900 MLSNOW
• 1978-05-01 Sold (Public Records) $63,000 Public Records

Property tax history

+5.4%/yr

Latest (2025): $6,525 · +10.4% YoY. Source: county tax records.