1169 Melbourne Rd | Image 1
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$130,000

For Sale

22 days ago

1169 Melbourne Rd, East Cleveland, OH

House

MLS® 5227133

4 Bed

1 Bath

2072 sqft

1 Parking

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2072 sqft
Garage Yes
Taxes $1,288
Days Active 1
Lot Size 0.086 Acres
Approx. Age 1915
Avg. Price Per Sqft $62
MLS® Number 5227133

Property Address: 1169 Melbourne Rd, East Cleveland, OH, 44112-4134

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

Description

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, and 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.
MLS® Number5227133
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1915
BasementFull, Unfinished
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CCeiling Fans

Extras

Rooms

Dining Room:First Floor10 × 14 ft
Living Room:First Floor10 × 21 ft
Other:Third Floor20 × 21 ft
Kitchen:First Floor10 × 13 ft
Bedroom 1:Second Floor10 × 12 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 14, 2026List Date
$130,000List Price

Home Appraisal

This property is estimated to sell between: $70,000 and $160,000.
Similar properties in this area sold on average for: $70,250
Expected to sell in 119 days. Similar properties sold in 120 days. This home has been on eXp Realty for 1 day.

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
1169 Melbourne Rd, East Cleveland, OH

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