Pending

16215 Miles Avenue

Cleveland, OH 44128
Mark as Favorite
Bed 3

Bed

Bath 1

Bath

SqFt980

Sqft

Acres0.14

Acre(Lot)

Welcome to 16215 Miles Avenue, a turnkey investment opportunity offering immediate cash flow and long-term stability in Cleveland’s east side rental market. This single-family home features 3 bedrooms and 1 bathroom, making it an ideal addition to any investor’s portfolio. The property is currently occupied by a long-term tenant who has been in place since 2022, providing proven rental consistency and peace of mind for the next owner. The tenant is under lease through October 2026 and is currently paying $1,050 per month, ensuring reliable income from day one with no vacancy concerns. For investors seeking a low-maintenance, stabilized asset, this property checks all the boxes. With an established tenant, consistent payment history, and a lease secured well into the future, this is a truly hands-off investment opportunity. Whether you're a seasoned investor looking to add to your portfolio or a newer buyer seeking predictable returns, 16215 Miles Avenue offers a strong foundation for long-term success. Opportunities like this—featuring in-place cash flow and extended lease security—do not come around often. Reach out to your favorite Realtor today to learn more about this income-producing Cleveland property.

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Detail Ic Property Details

Property Type : Residential

Price : $95,000

AD Id : 76244437

MLS Id : 5194111

Beds : 3

Lot Size : 0.14 Acre

Living Area Size : 980

Year Built : 1965

County : Cuyahoga

Subdivision: Emerald Beach

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 5 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1965 Construction Materials: Aluminum Siding Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 0.144 Acres Lot Size Acres: 0.144 Lot Size Source: Assessor

    Property Information

    Subdivision: Sorrento Park Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 61

  • Listing Price Information

    Listing Price: $95000 Original Price: $110000

  • Tax Information

    Parcel Number: 141-05-008 Tax Year: 2024 Annual Tax: $1619 Tax Legal Desc: 82 SORR PK S/L 21 ALL 0020 ALL

  • Parking Information

    No Garage, Paved

  • Location Information

    Direction: From I-480, take the Lee Rd exit and head north. Continue on Lee Rd for approximately 2 miles, then turn right onto Miles Ave. Proceed east on Miles Ave for about 1 mile—the property will be on your right at 16215 Miles Ave. WaterSource: Public
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Nearby Home Value

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17806 Tarkington Avenue, Cleveland, OH, 44128 $125,000 3 2 --
3896 Strandhill Road, Cleveland, OH, 44128 $179,900 3 1 1,460 1,460 SqFt
3852 Lee Heights Boulev.., Cleveland, OH, 44128 $110,000 4 2 2,327 2,327 SqFt
4816 E 173rd Street, Cleveland, OH, 44128 $94,900 2 1 714 714 SqFt
4582 E 173rd Street, Cleveland, OH, 44128 $109,000 4 3 --
4383 Wyatt Road, Cleveland, OH, 44128 $149,900 3 1 1,456 1,456 SqFt
17404 Throckley Avenue, Cleveland, OH, 44128 $115,000 2 1 1,440 1,440 SqFt
17316 Throckley Avenue, Cleveland, OH, 44128 $104,900 2 1 960 960 SqFt
16811 Priebe Avenue, Cleveland, OH, 44128 $149,900 3 1 1,608 1,608 SqFt
17115 Harvard Avenue, Cleveland, OH, 44128 $109,000 2 1 1,076 1,076 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/16/2026 @ 16:57

MLS: 5194111 LISTED BY: Keyano Burgess, Lokal Real Estate, LLC. 216-252-6580 SOURCE: MLS Now

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