1566 E 195th Street Euclid, OH 44117
Listing Courtesy of: MLS LogoYES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick / Adrian Frederick III - Contact:  thefrederickteam@gmail.com, 216-210-7653

  1566 E 195th Street Euclid, OH 44117

Active (1 Days)
$125,000 (USD)
3
BED
2
BATH
1,706
SQFT

Description

ATTENTION INVESTORS! Turnkey rental opportunity with strong cash flow and a quality tenant in place paying $1,450/month (non-Section 8) with time remaining on the lease and a desire to stay—perfect for immediate income and a seamless addition to your portfolio. Charming & well-maintained home blends comfort, updates, & functionality. Main level features a formal living room ideal for gatherings & an eat-in kitchen, renovated in 2018 w/updated cabinetry. Two bedrooms are located on the first floor, while the second level offers a spacious master retreat. Additional living space is found in the partially finished basement, ideal for recreation or entertaining, along with a convenient new half bath (2024). The main bathroom was tastefully renovated in 2018. The home also offers central air (2013) for year-round comfort. Numerous updates provide peace of mind, including a new concrete driveway (Oct 2024), new front gutters (Oct 2024), waterproofed basement (2004), new basement steps (2021), and updated laundry area flooring (2021). Enjoy the outdoors with a spacious backyard w/ample parking space & fenced. Located near shopping, public transportation, and major highways, this property offers strong tenant appeal and long-term rental stability. Ideal for first-time investors or expanding your portfolio—this is a true turnkey, income-producing asset. No showings until accepted offer. Do not disturb tenant. No wholesalers. Qualified buyers only.

MLS #:
5194942
Taxes
$2,150(2025)
Lot Size
5,319 SQFT
Type
Single-Family Home
Year Built
1942
Style
Bungalow, Cape Cod
School District
Euclid Csd - 1813
County
Cuyahoga County
Community
Euclid Ave Allotment

Listed By

Christopher Frederick, Coldwell Banker Schmidt Realty, Contact: thefrederickteam@gmail.com, 216-210-7653
Adrian Frederick III, Coldwell Banker Schmidt Realty
Source
YES MLS
Last checked Mar 22 2026 at 7:09 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Laundry: In Basement
Subdivision
  • Euclid Ave Allotment
Property Features
  • Fireplace: 0
Heating and Cooling
  • Forced Air
  • Gas
  • Central Air
  • Wall/Window Unit(s)
Basement Information
  • Partially Finished
  • Full
Exterior Features
  • Roof: Asphalt
  • Roof: Fiberglass
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Driveway
  • Paved
  • Concrete
Stories
  • 2
Living Area
  • 1,706 sqft
Additional Information: Schmidt Realty | thefrederickteam@gmail.com, 216-210-7653
Location
   
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Disclaimer: Copyright 2026 YES MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/22/26 00:09