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Listed price in listed location currency (USD).
$110,000

310

MLS® 5194111

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 980 sqft
Garage No
Taxes $1,619
Days Active 0
Lot Size 0.144 acres
Approx. Age 1965
Avg. Price Per Sqft $112
MLS® Number 5194111

Property Address: 16215 Miles Ave, Cleveland, OH, 44128-2937

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number5194111
Laundry Level
Central VacNo
FireplaceNo
Acreage0.144
Exterior
GarageNo
Approx. Age1965
BasementFull
DrivewayNo Garage, Paved
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$110,000List Price

Home Appraisal

This property is estimated to sell between: $103,000 and $114,000.
Similar properties in this area sold on average for: $103,214
Expected to sell in 48 days. Similar properties sold in 48 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
16215 Miles Ave, Cleveland, OH

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