Grasmere Allotment Homes for Sale

Welcome to Grasmere Allotment, a hidden gem nestled in the heart of East Cleveland, Ohio. This charming subdivision boasts a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and anyone seeking a vibrant community atmosphere.

Grasmere Allotment is characterized by its tree-lined streets, well-maintained homes, and friendly neighbors who foster a welcoming environment. The architecture here reflects a delightful mix of classic and contemporary styles, providing a diverse selection of homes for sale that cater to various tastes and budgets. Whether you’re looking for a cozy bungalow or a spacious family residence, Grasmere Allotment has something to offer everyone.

Living in Grasmere means you’ll enjoy easy access to the best that East Cleveland has to offer. The area is well-connected with public transportation options and major highways, making commutes to downtown Cleveland and surrounding areas a breeze. You'll find an array of local parks, shopping centers, and dining establishments just a stone's throw away, providing both convenience and leisure right at your doorstep.

For those interested in homes for sale, Grasmere Allotment presents a fantastic opportunity to invest in a community that is both flourishing and full of character. With a variety of properties available, now is the perfect time to explore what this charming subdivision has to offer. Experience the warmth and vibrancy of Grasmere Allotment—where your dream home awaits!

Newest Grasmere Allotment Homes for Sale

$119,900

4 Beds ⋅ 1 Baths ⋅ 5210226 MLS

Presenting a cash-flowing investment opportunity—a 1,894 sq. ft. Colonial-era (1899) home with a long-term, month-to-month Section 8 tenant already in place. This 4-bedroom, 1.5-bath property generates 1,450/mo. in gross rent. CMHA(Section8) currently covers 1,190/mo. of that amount, with the tenant responsible for the remaining amount. While not fully subsidized, the majority of rent is guaranteed by the housing authority, reducing collection risk compared to traditional market-rate tenants. The asset features a durable slate roof, central A/C, replacement vinyl windows throughout most of the home, and a full unfinished basement for storage or future value-add. The property has undergone significant electrical, plumbing, bathroom, kitchen, HVAC, and interior/exterior repairs. The tenant wishes to remain, and is on a month-to-month lease, giving you flexibility. With a detached 2-car garage and solid bones.

1848 Stanwood Road, East Cleveland

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