Active

1169 Melbourne Road

East Cleveland, OH 44112
Mark as Favorite
Bed 4

Bed

Bath 1

Bath

SqFt2,072

Sqft

Acres0.09

Acre(Lot)

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, a nd 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $130,000

AD Id : 88059710

MLS Id : 5227133

Beds : 4

Lot Size : 0.09 Acre

Living Area Size : 2,072

Year Built : 1915

Garage : 1

County : Cuyahoga

Subdivision: Americana

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 7 Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s)

  • Building Information

    Year Built: 1915 Construction Materials: Wood Siding Private Pool: No

  • Lot Information

    Lot Dimensions: 35x107 Main Square Feet: 0.086 Acres Lot Size Acres: 0.086 Lot Size Source: Public Records

    Property Information

    Subdivision: Carlyon Source Property Type: Residential Property SubType: Single Family Residence Levels: Three Or More Property Age: 111

  • Listing Price Information

    Listing Price: $130000 Cash, Conventional

  • Tax Information

    Parcel Number: 672-04-069 Tax Year: 2025 Annual Tax: $1288 Tax Legal Desc: 381 CARLYON#1 &S/L229SP 0228 NP

  • Parking Information

    Driveway

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: Located off Superior Avenue WaterSource: Public
Sell a home like this and save $7,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2370 N Taylor Road, East Cleveland, OH, 44112 $150,000 3 2 --
16173 Glynn Road, East Cleveland, OH, 44112 $105,000 4 2 2,094 2,094 SqFt
1854 Burnette Avenue, East Cleveland, OH, 44112 $98,000 4 2 1,856 1,856 SqFt
1848 Stanwood Road, East Cleveland, OH, 44112 $119,900 4 1 1,894 1,894 SqFt
14407 Northfield Avenue, East Cleveland, OH, 44112 $65,000 4 1 --
14319 Elm Avenue, East Cleveland, OH, 44112 $9,900 4 1 --
14318 Alder Avenue, East Cleveland, OH, 44112 $77,000 3 1 1,155 1,155 SqFt
1315 E 143rd Street, East Cleveland, OH, 44112 $49,000 3 1 1,348 1,348 SqFt
1726 Holyoke Avenue, East Cleveland, OH, 44112 $145,900 5 3 1,895 1,895 SqFt
1484 E 135th Street, East Cleveland, OH, 44112 $88,500 3 2 1,176 1,176 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 08/15/2026 @ 09:06

MLS: 5227133 LISTED BY: Janet Hayward, Keller Williams Greater Metropolitan 216-839-5500 SOURCE: MLS Now

Homes around $130,000

Selling? Save $7,301 when you sell a home like this

Tour with a ByOwner Agent