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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