Map
Listed price in listed location currency (USD).
$124,999

411

MLS® 5227133

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2072 sqft
Garage Yes
Taxes $1,288
Days Active 58
Lot Size 0.086 Acres
Approx. Age 1915
Avg. Price Per Sqft $60
MLS® Number 5227133

Property Address: 1169 Melbourne Rd, East Cleveland, OH, 44112-4134

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number5227133
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1915
BasementFull, Unfinished
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CCeiling Fans

Extras

Rooms

Dining Room:First Floor10 × 14 ft
Living Room:First Floor10 × 21 ft
Other:Third Floor20 × 21 ft
Kitchen:First Floor10 × 13 ft
Bedroom 1:Second Floor10 × 12 ft

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

78 days

Today, For Sale for $124,999

For Sale · 78 days

$124,999

MLS® 5227133

3 months ago

Not Sold Yet

July 2026, For Sale for $124,999

For Sale · 78 days

$124,999

MLS® 5227133

3 months ago

Not Sold Yet

  • Jul 14, 2026, For Sale for $119,000

Home Estimate Zoopraisal®

This property is estimated to sell between: $71,000 and $152,000.
Similar properties in this area sold on average for: $71,075
Expected to sell in 13 days. Similar properties sold in 71 days. This home has been on Zoocasa for 58 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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