5550 Grasmere Avenue Maple Heights, OH $179,000

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5550 Grasmere Avenue | Maple Heights

$179,000 | 4 Beds | 1 Baths (1 Full) | 924 Sq. Ft.

ATTENTION INVESTORS \u0026 OWNER-OCCUPANTS: HIGH-END CASH COW IN MAPLE HEIGHTS. This fully remodeled single-family home at 5550 Grasmere is a proven performer, last rented at $2,350/mo through EDEN (similar to Section 8) at 100% subsidy with no tenant portion. With the published 2026 FMR for this zip code at $2,508 and the current tenant scheduled to move out in July 30, a new owner can step in and place a fresh tenant at today\u2019s higher rent right away. The home was remodeled with high-end finishes throughout: quartz kitchen with new cabinets, hardware, and stainless steel appliances, brand-new furnace and hot water tank, and a fully tiled bathroom with backlit vanity mirrors. Four large bedrooms (two down, two up) plus a huge, clean, dry basement deliver standout rent-per-square-foot in a strong-rent Maple Heights market, with room to add value by finishing the lower level with two additional bedrooms, buyer to verify). Turnkey, low-maintenance, and ready to cash flow from day one\u2014with optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer. MLSNow 5190367 Directions to property: Lee Rd\r\n\r\n0.2 mi\r\n\r\nTurn left onto Broadway Ave\r\n\r\n0.3 mi\r\n\r\nTurn left onto Grasmere Ave

MLS Listing ID: 
MLSNow 5190367
Listing Category: 
Purchase
Community Information
School District: 
Maple Heights CSD - 1818
Subdivision: 
Mapleboro Park Allotment 02
Building Details
Details about the building on a property.
Architectural Style: 
Traditional
Stories: 
2
Year Built: 
1925
Living Area: 
924
Basement: 
Full
Construction
Construction Materials: 
Brick,Vinyl Siding
Foundation Details: 
Block
Roof: 
Shingle
Porch: 
Deck,Patio,Porch,Screened
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
4
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas,Gravity
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.1
Lot Size (Area): 
0.1
Lot Features
Parking Type: 
Detached,Garage
Additional Details
Appliances: 
Range,Refrigerator
Public Record
Parcel Number: 
781-15-101
Annual Tax: 
$3,603.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/3/2026
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Scott A Marvin
Listing Office Name: 
Team Results Realty

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