1659 Lee Road, Cleveland, OH 44118

• 6 beds |
• 2 baths |
• 2,870 sqft

Property Description

INVESTMENT OPPORTUNITY – Fully occupied Cleveland Heights single-family rental offered at $299,900 with a long-term lease and built-in rent growth already in place. Current rent is $2,730/month ($32,760 annually), increasing to $2,870/month in April 2027 and $3,015/month in April 2028. Current lease term extends through April 18, 2029. 1659 Lee Rd offers 6 bedrooms, 2 full baths and more than 2800 square feet of living space. The spacious floor plan features hardwood floors, a large living room, formal dining room, updated kitchen with ample cabinet and counter space, six bedrooms and two full baths. Tenants are responsible for utilities, lawn care and snow removal. Conveniently located near shopping, dining, parks and other Cleveland Heights amenities. An opportunity to acquire an established income-producing single-family rental with scheduled rent growth already in place.

Listing Status:

Active

Data Last Updated:

August 20, 2026 at 2:19PM

Listing Office:

Keller Williams Greater Metropolitan : 216-839-5500

Listing Agent:

Jeffrey J Wang : 216-990-3200

Contact:

jeffwangrealestate@gmail.com, 216-990-3200

MLS ID:

5233889

Interior

• Basement: Finished
• A/C: Ceiling Fan(s)
• Heating: Forced Air
• Fireplace: FireplaceFireplaces: 1

Exterior

• Style: Colonial
• Parking: DetachedGarage

Construction

• Roofing: Asphalt
• General: Vinyl SidingThree Or More

Location

• Originating MLS: NOWDD_NORM
• School District: Cleveland Hts-Univer - 1810
• County: Cuyahoga

Lot

• Zoning: 48 UPLANDS &S/L12 NP 0011 SP684-32-015

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM