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4 Beds
1 Bath
2,072 sqft

$119,000

1169 Melbourne Road, East Cleveland OH, 44112

Price per sqft$57.43
Built in1915
Property size2,072 sqft
Property typeResidential

Overview

Active

Listed Jul 14, 2026

Updated 11 days ago

Investor Opportunity with Long-Term Tenant in Place! This 4-bedroom, 1-bath Front Porch Colonial offers an excellent opportunity to add an already-occupied property to your rental portfolio. A long-term Section 8 tenant currently occupies the home and would like to remain, allowing the next owner to take over an established tenancy without the immediate need to locate a new renter. The home offers a spacious layout featuring a living room with fireplace, formal dining room with charming built-in cabinetry, eat-in kitchen, and four generously sized bedrooms. Brand-new carpeting has also been installed throughout. Several important updates have already been completed, including a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement. Whether you're looking to add another door to your existing portfolio or make your first investment purchase, this property offers the combination of an established tenant, four-bedroom layout, and key improvements already in place. Tenant would like to remain after the sale. Schedule your showing and see the investment potential for yourself!

$792/mo

Est. mortgage payment based on a $119,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5227133

Interior Features

Bedrooms
4
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$1,288
Tax Frequency
Annually
Garage
Yes

Courtesy of Keller Williams Greater Metropolitan

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Iconic Partners Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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