Union Rice Homes under $250,000

Welcome to Union Rice, a charming subdivision nestled in the heart of Cleveland, Ohio, within the vibrant Cuyahoga County. This delightful community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and anyone looking to settle down in a welcoming neighborhood.

Union Rice is characterized by its picturesque tree-lined streets and a variety of homes that reflect the rich architectural heritage of Cleveland. One of the standout features of this subdivision is the availability of homes under $250,000. This makes Union Rice an attractive option for first-time homebuyers or those looking to invest in real estate without breaking the bank. Imagine finding your dream home with spacious layouts, modern amenities, and a cozy backyard—all at an affordable price!

The community is not just about the homes; it’s about the lifestyle. Residents enjoy easy access to local parks, schools, and shopping centers, ensuring that everything you need is just a stone's throw away. Union Rice is also conveniently located near major highways, making commuting to downtown Cleveland or other parts of the city a breeze.

With a strong sense of community and a variety of homes to choose from, Union Rice is truly a hidden gem in Cleveland. Whether you’re looking to buy your first home or seeking a peaceful retreat, this subdivision has something for everyone. Come explore the charm of Union Rice and discover why it’s the perfect place to call home!

Newest Union Rice Homes under $250,000

$29,999

3 Beds ⋅ 1 Baths ⋅ 5250130 MLS

Section 8 cashflow opportunity. Needs reno. Email agent for market rent roll & video tour along with complete investment analysis & renovation scope of work. Professional renovation & property management service available. Local & out of state investors welcome!

3532 E 117th Street, Cleveland

Listing Courtesy of: James P Wise, JamesWise@HoltonWise.com With The Holton-Wise Property Group LLC

$165,000

4 Beds ⋅ 2 Baths ⋅ 5249528 MLS

This beautifully updated Duplex is move-in ready and packed with recent improvements. The interior has been completely renovated, featuring a modern kitchen with updated finishes, a refreshed bathroom, and updates in each unit. Some new vinyl windows and new roof add to the home's curb appeal and low-maintenance exterior. Bright, clean, and thoughtfully updated, this home offers comfortable living with a fresh, contemporary feel. Whether you're a first-time homebuyer or looking to add to your investment portfolio, this turnkey property is one you won't want to miss. Property has a potential rent roll of $2,734!!

3469 E 118th Street, Cleveland

Listing Courtesy of: Midge Maguire, midgeproperties@kw.com With Keller Williams Greater Metropolitan

$154,900

6 Beds ⋅ 2 Baths ⋅ 5250911 MLS

Welcome to 11701 Gay Ave, a fully remodeled duplex in 44105 with serious cash flow potential built right in. With CMHA's rent standard at $1,559 per unit, this property offers the potential to generate over $3,000 a month in rent, making it a standout income opportunity from day one. This duplex features two big 3 bedroom units, completely renovated top to bottom, including a new furnace, new water tank, new electrical, and a new roof in each unit, along with a full interior remodel throughout. Every major system has been replaced, offering true turnkey ownership with minimal maintenance for years to come. A finishable attic adds even more upside, with the rare opportunity to convert this duplex into a triplex and boost income potential further. Priced to move at $159,900, this property comes in well under a recent comparable sale directly across the street, which closed at $165,000. Big 3 bedroom units, all new mechanicals, expansion potential, and standout rental numbers make this a rare find that won't last long. Schedule your showing today.

11701 Gay Avenue, Cleveland

Listing Courtesy of: Aiden Avtgis, sellwithaiden@gmail.com With RE/MAX Infinity

$175,500

6 Beds ⋅ 2 Baths ⋅ 5246465 MLS

Strong turnkey investment opportunity at 3611 E 116th Street in Cleveland. This duplex features two 3-bedroom, 1-bath units and is being delivered vacant and rent ready, allowing the next owner to immediately lease the property at current market rents. The property is underwritten at $2,740 per month in combined HUD Fair Market Rent, offering strong income potential with an estimated 12.22% cap rate. The property is Lead Safe Certified and has already received significant improvements, helping reduce near-term deferred maintenance and providing a more streamlined ownership experience. Additional value-add potential exists in the upper unit, where a full walk-up third-floor attic with a permanent staircase creates an opportunity to potentially convert the unit from a 3-bedroom to a 4-bedroom layout, allowing an investor to pursue a higher HUD rental tier without expanding the building footprint. Located in Cleveland's 44105 ZIP code, the property offers convenient access to I-77, I-490, the Opportunity Corridor, University Circle, Cleveland Clinic, shopping, public transportation, and other major employment and amenity centers. This property is also available as part of an attractive four-duplex, eight-unit Cleveland investment portfolio offered at $702,000. The portfolio includes 15332 Welton Dr, 3611 E 116th St, 9223 Adams Ave, and 10906 Nelson Ave, with more than $120,000 in capital improvements completed across the portfolio, including a combination of roofs, furnaces, hot water tanks, Lead Safe certifications, plumbing and sewer work, porches, gutters, windows, cabinets, appliances, and interior improvements. For investors looking to expand their Cleveland rental portfolio, 3611 E 116th offers a compelling combination of turnkey condition, strong projected rental income, Lead Safe certification, and additional value-add potential, while the full portfolio provides the opportunity to acquire eight units at scale.

3611 E 116th Street, Cleveland

Listing Courtesy of: Kim Lewis, kim.lewis@heqrealty.com With Home Equity Realty Group

$125,000

4 Beds ⋅ 2 Baths ⋅ 5227647 MLS

Turnkey Duplex Investment Opportunity! This well-maintained duplex offers an excellent opportunity for both investors and owner-occupants. One unit is currently tenant-occupied, providing immediate rental income, while the second unit is vacant and ready for a new tenant or an owner looking to offset their mortgage through house hacking. The property is in solid, turnkey condition with only minor cosmetic updates needed, making it an ideal addition to any investment portfolio. Whether you're a seasoned investor seeking cash flow or a buyer looking to live in one unit while generating income from the other, this duplex delivers flexibility, value, and strong potential. Property is being sold as is! Creative financing is not available.

3659 E 116th Street, Cleveland

Listing Courtesy of: Brian Evans, bevansproperties@gmail.com With Glasshouse Realty Group, LLC

$154,999

5 Beds ⋅ 3 Baths ⋅ 5204036 MLS

3692 E. 117th St., Cleveland, OH 44105 is a three-family home offering a total of 5 bedrooms and 3 full baths. The first-floor unit features 2 bedrooms and 1 bath, the second-floor unit also offers 2 bedrooms and 1 bath, and the third-floor unit includes 1 bedroom and 1 bath. The property is a multi-family residence with approximately 2489 square feet and was built in 1920. This property is ready for Section 8 or Eden tenants.

3692 E 117th Street, Cleveland

Listing Courtesy of: Eric M Hampton, erich@lokalrealestate.com With Lokal Real Estate, LLC.

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