$125,000

1516 E 86th Street, Cleveland, OH 44106

  • 3 beds |
  • 2 baths
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,160sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

A great opportunity for this 3 bedroom, 1.5 bath home featuring a practical, functional layout that appeals to both owner occupants and investors. The property has a potential $2113 per month rent according to the CMHA determination, for a possible $25,000 in gross annual rents. Its prime location near Downtown Cleveland, University Circle, major hospitals, and key amenities offer excellent rental potential and long term upside in an area experiencing steady growth and redevelopment. The updated kitchen includes granite countertops and stainless steel appliances, complemented by newer vinyl windows throughout. The main level offers a convenient half bathroom and a flexible room that could be converted into an additional bedroom. Upstairs, three generously sized bedrooms and a renovated bathroom provide comfortable living space for families or tenants. Situated within the ongoing revitalization of the Wade Park area, offering easy access to parks, cultural institutions, and transportation.

Listing Status:
Active
Data Last Updated:
May 20, 2026 at 3:20AM
Listing Office:
Premier Heights Realty LLC : 216-860-0005
Listing Agent:
Joseph Skerbec : 216-870-2112
MLS ID:
5207415
  • General: Granite Counters
  • Appliances: DishwasherRangeRefrigerator
  • Laundry: Washer HookupElectric Dryer Hookup
  • Basement: Concrete
  • A/C: None
  • Heating: Forced Air
  • Fireplace: FireplaceFireplaces: 1
  • Style: Colonial
  • Other Structures: PorchRear Porch
  • Parking: Asphalt
  • Roofing: AsphaltShingle
  • Windows: Double Pane Windows
  • General: Wood Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 391 SP 180 S OF WADE PK106-22-018
  • Fencing: Back Yard
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Joseph Skerbec , Premier Heights Realty LLC

Monthly Payment

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

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Location

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