$132,400

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 1 car garage
  • Property Price Per Square Feet Icon $131/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

ATTENTION INVESTORS: $1,403/MO RENTED CASH COW! HUGE RETURNS IN THE UPSCALE WATERLOO ARTS DISTRICT! This solid brick home sits in Cleveland?s rapidly revitalizing Waterloo Arts corridor, surrounded by rising property values, growing owner-occupancy, and walkable access to galleries, restaurants, nightlife, and the iconic Waterloo Theatre. Already rented through CMHA Section 8 at $1,403/month?$16,836 in annual gross rental income! The property may generate even more income through EDEN, which provided a written rent offer of $1,650/month. MASSIVE DSCR POTENTIAL?DO THE MATH! COMPLETELY REMODELED, TURNKEY, AND LEAD-PAINT TESTED AND PASSED! Major capital expenses are already covered, including a brand-new entry roof (September 2026), brand-new furnace (August 2026, never used), new stainless-steel refrigerator and stove, new vinyl windows, new carpet, refinished basement, updated lighting, new ceiling fans, complete interior repaint, exterior painting, and a new Chamberlain Wi-Fi garage-door opener. Additional features include a comfortable front porch tenants love, covered rear porch, huge fenced backyard, long private driveway, garage+opener, new windows with excellent natural light, and durable, low-maintenance brick construction. A city-owned vacant lot next door provides extra privacy, better natural light, and the feel of a larger side yard. Lead testing has passed, the report is available, and final certification from the City of Cleveland is pending making this a compliance-ready, inspection-friendly asset for housing-authority programs. Close to higher-rent Euclid while remaining in lower-tax Cleveland--the best of both worlds! Part of a larger Section 8 portfolio. Ask about additional stabilized voucher properties.

Listing Status:
Active
Data Last Updated:
September 22, 2026 at 12:19AM
Listing Office:
Team Results Realty : 614-382-2124
Listing Agent:
Scott A Marvin : 614-382-2124
Contact:
614-382-2124, scottamarvin@gmail.com
MLS ID:
5241610
  • Appliances: RangeRefrigerator
  • Basement: Full
  • A/C: None
  • Heating: Forced AirGas
  • Fireplace: Fireplaces: 0
  • Style: Traditional
  • Other Structures: EnclosedPorchDeckScreenedPatio
  • Parking: DetachedGarage
  • Roofing: FiberglassShingle
  • Windows: Double Pane Windows
  • 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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