$135,000

1268 E 169th Street, Cleveland, OH 44110

  • 2 beds |
  • 2 baths |
  • 1,012 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon4,400sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

ATTENTION INVESTORS: BRICK CASH COW IN THE WATERLOO ARTS DISTRICT. This solid brick home at 1268 E 169th St sits in Cleveland’s rapidly revitalizing Waterloo Arts corridor, surrounded by rising values, growing owner-occupancy, and walkable access to galleries, restaurants, nightlife, and the iconic Waterloo theater. Last rented at nearly $1,400 with Section 8, the property has been severely underpriced relative to current demand especially as nearby Euclid-area rents help support strong CMHA payment standards. Inside, the property is essentially turnkey: quality remodel with full interior repaint, refreshed basement floors and walls, and a brick exterior that offers durability and low exterior maintenance. The large, refinished basement creates value-add potential, with layout and ceiling height that could allow for two additional bedrooms and a bath (buyer to verify), which could push total rent an additional $500–$700 per month and increase returns. Additional features include large windows with great natural light, a long private driveway, and a garage that was being rented out separately for additional cashflow, plus a city-owned vacant lot next door that adds privacy, side-yard feel, and better light. Lead-based paint testing has been completed and passed, with the report available, making this a compliance-ready, inspection-friendly asset for housing authority programs. In a fast-improving arts district that blends strong rent potential, cultural amenities, and appreciation momentum, this property offers a rare combination of turnkey Section 8 cash flow today with meaningful upside through rent reset, basement build-out, or a future flip to an owner-occupant. Part of a larger Section 8 portfolio—ask about additional stabilized voucher properties and transferable marketing photos/renders for your future listings. Easy to show.

Listing Status:
Active
Data Last Updated:
July 4, 2026 at 11:21PM
Listing Office:
Team Results Realty : 614-382-2124
Listing Agent:
Scott A Marvin : 614-382-2124
MLS ID:
5220174
  • Basement: Full
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: Fireplaces: 0
  • Style: Split Level
  • Other Structures: Deck
  • Parking: DetachedGarage
  • Roofing: Shingle
  • General: BrickVinyl Siding2Block
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 15 MOSES 0156 ALL113-24-088
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Scott A Marvin , Team Results Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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