1659 Lee Road, Cleveland, OH 44118

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Central
1659 Lee Road,Cleveland, OH 44118
$299,900
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  • 6 Beds
  • 2 Baths
  • 2,870 sq. ft.
  • Single family
  • Active
Listed by: jeffrey j wang
Office: keller williams greater metropolitan
MLS#:5233889
Source:OH_NORMLS

Price summary

  • Price:$299,900
  • Price per sq. ft.:$104.49

About this home

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.

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Home facts

  • Year built:1915
  • Subdivision & Development:Charles A Post Uplands Sub
  • Listing ID #:5233889
  • Added:48 day(s) ago
  • Updated:September 29, 2026 at 02:24 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Basement:Yes
  • Basement Description:Finished
  • Living area:2,870 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1915
  • Building area:2,870 sq. ft.
  • Lot area:0.18 Acres
  • Architectural Style:Colonial
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,900
  • Price per sq. ft.:$104.49
  • Tax amount:$5,772 (2025)

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:2
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