Listed By
Agency Name: Keller Williams Living
Agency Phone: 440-318-1620
Shown By
Agent Name: Ethan Weaver
Agent Phone: (614) 404-8767
Agency Title: Cutler Real Estate
Contact Ethan Weaver About This Property
Property Description
Cash-flowing single-family rental opportunity in the Lee-Miles area of Cleveland, conveniently located near Shaker Heights, Beachwood, I-480, shopping, parks, and other area amenities. This 3-bedroom, 1-bath Cape Cod is currently rented for $1,135/month to a long-term month-to-month tenant. The property has been well maintained and features hardwood floors, a dimensional shingle roof, a 2023 water heater, and a modern furnace. Furnace age is unknown. The property offers plenty of upside in both rent and future valuation, and the tenant pays all utilities, creating a straightforward rental setup for the next owner. Offered at $105k, this property is priced to reflect its as-is sale and long-term investment potential. Property is tenant-occupied. Please do not disturb the tenant. Showings will be restricted until there is an accepted offer. Available individually or as part of a 3-property package. Photos prior to tenant move in.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 37
Heating: Forced Air, Gas
Home Style: Cape Cod
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,723 / year
Year Built: 1949
Feature Descriptions
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 141-17-011
Parking: No Garage, Paved
Parking Notes: No Garage, Paved
Patio/Porch: Porch
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Market Trends
Cleveland Residential Market Trend Graphs- Zip Code 44128
Source: Delta Media Group, Inc.
Demographics
Cuyahoga County Demographic Information forFips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800
Source: US Census Bureau
Estimate Your Payment
Estimated Payment
$ 712.07 per month $537.86 Principal & Interest $143.58 Property Tax $30.63 Homeowner's InsuranceChange Payment Information
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