1268 E 169th Street, Cleveland, OH 44110
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: scott a marvin
Office: team results realty
MLS#:5134806
Source:OH_NORMLS
Price summary
- Price:$139,000
- Price per sq. ft.:$137.35
About this home
ATTENTION INVESTORS: TURNKEY SECTION 8 BRICK CASH COW IN WATERLOO ARTS DISTRICT — $1,395/MO WITH UPSIDE BUILT IN
This one checks all the investor boxes: CMHA Section 8 tenant paying 100% $1,205/mo, plus an additional $190/mo in garage rent from the same tenant — total of $1,395/mo in collected rent. And it’s due for a rent increase, offering baked-in upside. Tenant is stable, cooperative, and happy to stay.
Located in Cleveland’s exploding Waterloo Arts District, this neighborhood is seeing surging demand, appreciation momentum, and an influx of culture, restaurants, and nightlife. With Euclid rents influencing the CMHA range in this pocket, Section 8 payouts are stronger here than typical east side comps. This is a prime appreciation + cashflow play.
Value-add potential: large dry basement — could easily support 2 additional bedrooms + bath, pushing rent another $500–$700/month for minimal build out.
CapEx already completed: Quality remodel! full interior repaint, painted basement, good mechanicals, updating throughout. Solid rick exterior, large windows with great natural light, long private driveway, and single car garage with existing rental income. Next to a city-owned vacant lot — extra privacy, elbow room and light.
LEAD BASED PAINT TESTING COMPLETED AND PASSED.
Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective.
PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings.
Contact an agent
Home facts
- Year built:1928
- Listing ID #:5134806
- Added:176 day(s) ago
- Updated:December 19, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,012 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1928
- Building area:1,012 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$139,000
- Price per sq. ft.:$137.35
- Tax amount:$1,835 (2024)
New listings near 1268 E 169th Street
- New
$169,000Active6 beds 2 baths12402 Benwood Avenue, Cleveland, OH 44105
MLS# 5176935Listed by: EXP REALTY, LLC. - New
$78,000Active3 beds 1 baths1,161 sq. ft.3846 E 143rd Street, Cleveland, OH 44128
MLS# 5177632Listed by: KELLER WILLIAMS LIVING - New
$79,000Active3 beds 1 baths4089 E 175th Street, Cleveland, OH 44128
MLS# 5177970Listed by: MCDOWELL HOMES REAL ESTATE SERVICES - New
$45,400Active4 beds 2 baths1,700 sq. ft.7611 Marble Avenue, Cleveland, OH 44105
MLS# 5177963Listed by: ASPIRE COMMUNITY REALTY, LLC - New
$134,000Active6 beds 4 baths2,490 sq. ft.3454 E 76th Street, Cleveland, OH 44127
MLS# 5177600Listed by: KEY REALTY - New
$125,000Active3 beds 1 baths1,464 sq. ft.9703 Elwell Avenue, Cleveland, OH 44104
MLS# 5177848Listed by: JAMM REAL ESTATE CO. - New
$210,000Active4 beds 3 baths18606 Cherokee Avenue, Cleveland, OH 44119
MLS# 5177937Listed by: EXP REALTY, LLC. - New
$165,000Active6 beds 3 baths423 E 152nd Street, Cleveland, OH 44110
MLS# 5177949Listed by: REAL OF OHIO - New
$100,000Active4 beds 2 baths1,728 sq. ft.6845 Ottawa Road, Cleveland, OH 44105
MLS# 5177606Listed by: KELLER WILLIAMS ELEVATE - New
$108,900Active3 beds 1 baths1,056 sq. ft.12712 Lenacrave Avenue, Cleveland, OH 44105
MLS# 5177715Listed by: RUSSELL REAL ESTATE SERVICES