16215 Miles Avenue, Cleveland, OH 44128
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: keyano burgess
Office: lokal real estate, llc.
MLS#:5194111
Source:OH_NORMLS
Price summary
- Price:$95,000
- Price per sq. ft.:$96.94
About this home
Welcome to 16215 Miles Avenue, a turnkey investment opportunity offering immediate cash flow and long-term stability in Cleveland’s east side rental market. This single-family home features 3 bedrooms and 1 bathroom, making it an ideal addition to any investor’s portfolio.
The property is currently occupied by a long-term tenant who has been in place since 2022, providing proven rental consistency and peace of mind for the next owner. The tenant is under lease through October 2026 and is currently paying $1,050 per month, ensuring reliable income from day one with no vacancy concerns.
For investors seeking a low-maintenance, stabilized asset, this property checks all the boxes. With an established tenant, consistent payment history, and a lease secured well into the future, this is a truly hands-off investment opportunity. Whether you're a seasoned investor looking to add to your portfolio or a newer buyer seeking predictable returns, 16215 Miles Avenue offers a strong foundation for long-term success.
Opportunities like this—featuring in-place cash flow and extended lease security—do not come around often. Reach out to your favorite Realtor today to learn more about this income-producing Cleveland property....
Contact an agent
Home facts
- Year built:1965
- Listing ID #:5194111
- Added:92 day(s) ago
- Updated:June 18, 2026 at 07:17 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement:Yes
- Basement Description:Full
- Living area:980 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1965
- Building area:980 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Ranch
- Construction Materials:Aluminium Siding
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$95,000
- Price per sq. ft.:$96.94
- Tax amount:$1,619 (2024)
Parking
- Parking description:Paved
New listings near 16215 Miles Avenue
- New
$174,900Active4 beds 2 baths3773 Thurgood Avenue, Cleveland, OH 44115
MLS# 5220480Listed by: LAWRENCE REALTY LLC - New
$129,900Active4 beds 2 baths1,500 sq. ft.13415 Argus Avenue, Cleveland, OH 44110
MLS# 5220477Listed by: KEY REALTY - New
$115,000Active3 beds 2 baths11731 Arden Avenue, Cleveland, OH 44111
MLS# 5220484Listed by: KEY REALTY - New
$109,900Active4 beds 2 baths661 E 127th Street, Cleveland, OH 44108
MLS# 5220456Listed by: NEW ERA REAL ESTATE GROUP, INC. - New
$89,900Active6 beds 2 baths2,190 sq. ft.10006 Somerset Avenue, Cleveland, OH 44108
MLS# 5220183Listed by: BERKSHIRE HATHAWAY HOMESERVICES PROFESSIONAL REALTY - New
$152,000Active1 beds 1 baths596 sq. ft.2222 Detroit Avenue #515, Cleveland, OH 44113
MLS# 5220341Listed by: RUSSELL REAL ESTATE SERVICES - New
$69,900Active4 beds 2 baths3,093 sq. ft.13709 Earlwood Road, Cleveland, OH 44110
MLS# 5220421Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New
$649,900Active3 beds 4 baths2,505 sq. ft.1872 W 57th Street, Cleveland, OH 44102
MLS# 5220003Listed by: COLDWELL BANKER SCHMIDT REALTY - New
$99,900Active3 beds 1 baths960 sq. ft.1977 W 77th Street, Cleveland, OH 44102
MLS# 5220220Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New
$99,900Active4 beds 2 baths1,643 sq. ft.1975 W 77th Street, Cleveland, OH 44102
MLS# 5220241Listed by: KELLER WILLIAMS GREATER METROPOLITAN