LKV Realty
Logo
$179,000
$900Reward *
5550 Grasmere Avenue, Maple Heights, OH 44137Listing ID 5190367

5550 Grasmere Avenue, Maple Heights, OH 44137

Active
Mapleboro Park Allotment 02
Time on site: 163 daysLast updated: Jul 27, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
1
Square Feet
Square Feet
924
Acres
Acres
0.1
Days on Site
Days on Site
163
Cooling
Cooling
None
Heating
Heating
Forced Air, Gas, Gravity
Year Built
Year Built
1925
Stories
Stories
2
Garages
Garages
2
Parking
Parking
Detached, Garage

ATTENTION INVESTORS & 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’s 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—with optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer.

Property Information

Property Details

Location

Address
5550 Grasmere Avenue
County
Cuyahoga
City
Maple Heights
Zip Code
44137
Subdivision
Mapleboro Park Allotment 02
School District
Maple Heights CSD - 1818

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
924
Year Built
1925
Stories
2
Construction
Brick, Vinyl Siding
Foundation
Block
Roof
Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$3,603
Tax Year
2025
Team Results Realty, (614) 382-2124

Market Report for 44137

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
MLS Now logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

2018003245