$130,000

1169 Melbourne Road, East Cleveland, OH 44112

  • 4 beds |
  • 1 bath |
  • 2,072 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon3,746sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $63/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investor Opportunity – Turnkey Rental with Long-Term Tenant in Place! Don't miss this income-producing investment property featuring a long-term Section 8 tenant who would like to remain, providing immediate rental income from day one. The property currently generates $12,504 in annual rental income, making it an attractive addition to any investment portfolio. This spacious Front Porch Colonial offers 4 bedrooms and 1 full bath with a classic layout that includes a welcoming living room with a fireplace, a formal dining room featuring built-in cabinetry, and an eat-in kitchen. Brand-new carpeting has been installed throughout, giving the interior a fresh, updated feel. Major mechanical and infrastructure updates include a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement, helping reduce future maintenance concerns. Whether you're looking to expand your rental portfolio or purchase a stable, income-producing property, this home offers immediate cash flow with a reliable long-term tenant already in place.

Listing Status:
Active
Data Last Updated:
August 20, 2026 at 7:19AM
Listing Office:
Keller Williams Greater Metropolitan : 216-839-5500
Listing Agent:
Janet Hayward : 216-647-8204
Contact:
janet.hayward@kw.com, 216-647-8204
MLS ID:
5227133
  • Basement: FullUnfinished
  • A/C: Ceiling Fan(s)
  • Heating: Forced Air
  • Fireplace: FireplaceFireplaces: 0
  • Style: Colonial
  • Parking: Driveway
  • Roofing: AsphaltShingle
  • General: Wood SidingThree Or More
  • Originating MLS: NOWDD_NORM
  • School District: East Cleveland CSD - 1812
  • County: Cuyahoga
  • Zoning: 381 CARLYON#1 &S/L229SP 0228 NP672-04-069
  • Fencing: Wood
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Janet Hayward , Keller Williams Greater Metropolitan

Monthly Payment

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

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Location

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