1659 Lee RD, Cleveland, OH 44118
1659 Lee RD, Cleveland, OH 44118
1659 Lee RD, Cleveland, OH 44118
1659 Lee RD, Cleveland, OH 44118
1659 Lee RD, Cleveland, OH 44118
1659 Lee RD, Cleveland, OH 44118
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mike Ferrante

Mike Ferrante

+1(216) 373-7727
$ 299,900
Est. payment | /mo

6 Beds

2 Baths

2,570 SqFt

Save
$ 299,900
Est. payment | /mo
Save

6 Beds

2 Baths

2,570 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,570 sqft

Price per Sqft $116

Subdivision Charles A Post Uplands Sub

MLS Listing ID 5233889

Style Colonial

Bedrooms 6

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,740

Year Built 1915

Annual Tax Amount $5,772

Tax Year 2025

Lot Size 7,901 Sqft

Acres 0.1814

Property Sub-Type Single Family Residence

Property Description

INVESTMENT OPPORTUNITY – Fully occupied Cleveland Heights single-family rental offered at $299,900 with a long-term lease and built-in rent growth already in place. Current rent is $2,730/month ($32,760 annually), increasing to $2,870/month in April 2027 and $3,015/month in April 2028. Current lease term extends through April 18, 2029.

1659 Lee Rd offers 6 bedrooms, 2 full baths and more than 1,900 square feet of living space. The spacious floor plan features hardwood floors, a large living room, formal dining room, updated kitchen with ample cabinet and counter space, six bedrooms and two full baths.

Tenants are responsible for utilities, lawn care and snow removal. Conveniently located near shopping, dining, parks and other Cleveland Heights amenities. An opportunity to acquire an established income-producing single-family rental with scheduled rent growth already in place.

Location

State OH

County Cuyahoga

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Detached, Garage

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Three Or More

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 684-32-015

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Jeffrey J Wang • Keller Williams Greater Metropolitan • jeffwangrealestate@gmail.com, 216-990-3200

Schools and Properties Nearby

Mike Ferrante
Mike Ferrante

Broker Associate

+1(216) 373-7727 | mike@21mike.com

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mike Ferrante, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour the Home

1659 Lee RD