This 1924 colonial at 10418 Sandusky Avenue is a tenant-occupied single-family residence in Cleveland’s Union-Miles Park that offers immediate rental income and clear restoration potential. The property contains 3 bedrooms and 1 bathroom across approximately 1,258 square feet of living area on a level 0.101-acre (4,400 sq ft) lot with 40 feet of street frontage. Noted interior elements include hardwood floors and a partially finished basement; utilities are municipal water and sewer with gas heating via forced-air. Cooling is not present.
The house is a two-story, frame construction with a shingle roof and a detached garage sized for two vehicles. Vehicular access is from a standard residential driveway on Sandusky Avenue. The detached garage and compact lot create straightforward opportunities for exterior repairs, driveway or landscaping work, and accessory improvements depending on project goals and local permitting.
From an investment perspective, the home is currently tenant-occupied and produces rental income with an estimated monthly rent of $1,200 (rent estimate based on local comparables). Historical sale activity shows recent transfers in 2024–2025 at notably lower price points (most recent recorded sale: February 24, 2025 at $20,000). A sales-comparison valuation approach using nearby transactions produces an estimated value range of $70,000–$80,000 with a midpoint of $75,000; comparable sales within 0.5 miles support that range. Key financial signals in the file include a gross rental yield estimate and a rental-per-square-foot benchmark derived from local lease comps.
Neighborhood context and market dynamics should factor into any acquisition or renovation plan. Union-Miles Park is described as a developing neighborhood with median home values up ~10% since 2020, moderated demand from investors and first-time buyers, and an estimated walkability score of 43/100. Local schools are rated below average in the dataset, and market metrics indicate a buyer’s market with roughly 3.5 months of inventory and an average days-on-market near 45 days. Required due diligence items called out in the analysis include confirming the extent of restorations needed, verifying tenant lease terms, and reviewing title and ownership history.
For investors and renovators, this property presents a straightforward rehabilitation thesis: secure possession or partner with the current tenant, scope and price necessary restorations, and align rental or resale plans with the documented neighborhood comps. The detached two-car garage, manageable lot, and clear comparables in the immediate area are practical starting points for a value-add investment strategy.