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#:5220174
Source:OH_NORMLS
Price summary
- Price:$135,000
- Price per sq. ft.:$133.4
About this home
ATTENTION INVESTORS: BRICK CASH COW IN THE WATERLOO ARTS DISTRICT. This solid brick home at 1268 E 169th St sits in Cleveland’s rapidly revitalizing Waterloo Arts corridor, surrounded by rising values, growing owner-occupancy, and walkable access to galleries, restaurants, nightlife, and the iconic Waterloo theater. Last rented at nearly $1,400 with Section 8, the property has been severely underpriced relative to current demand especially as nearby Euclid-area rents help support strong CMHA payment standards. Inside, the property is essentially turnkey: quality remodel with full interior repaint, refreshed basement floors and walls, and a brick exterior that offers durability and low exterior maintenance. The large, refinished basement creates value-add potential, with layout and ceiling height that could allow for two additional bedrooms and a bath (buyer to verify), which could push total rent an additional $500–$700 per month and increase returns. Additional features include large windows with great natural light, a long private driveway, and a garage that was being rented out separately for additional cashflow, plus a city-owned vacant lot next door that adds privacy, side-yard feel, and better light. Lead-based paint testing has been completed and passed, with the report available, making this a compliance-ready, inspection-friendly asset for housing authority programs. In a fast-improving arts district that blends strong rent potential, cultural amenities, and appreciation momentum, this property offers a rare combination of turnkey Section 8 cash flow today with meaningful upside through rent reset, basement build-out, or a future flip to an owner-occupant. Part of a larger Section 8 portfolio—ask about additional stabilized voucher properties and transferable marketing photos/renders for your future listings. Easy to show....
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Home facts
- Year built:1928
- Listing ID #:5220174
- Added:7 day(s) ago
- Updated:June 25, 2026 at 03:07 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Basement:Yes
- Basement Description:Full
- 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
- Construction Materials:Brick, Vinyl Siding
- Exterior Features:Deck
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$133.4
- Tax amount:$1,836 (2025)
Parking
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:2
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