1169 Melbourne Road, East Cleveland, OH 44112
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: janet hayward
Office: keller williams greater metropolitan
MLS#:5227133
Source:OH_NORMLS
Price summary
- Price:$130,000
- Price per sq. ft.:$62.74
About this home
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....
Contact an agent
Home facts
- Year built:1915
- Subdivision & Development:Carlyon
- Listing ID #:5227133
- Added:23 day(s) ago
- Updated:August 07, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:7
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:2,072 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1915
- Building area:2,072 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Colonial
- Construction Materials:Wood Siding
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$130,000
- Price per sq. ft.:$62.74
- Tax amount:$1,288 (2025)
Parking
- Parking description:Driveway
- Garage:Yes
- Garage spaces:1
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