1169 Melbourne Rd | Image 1
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$130,000

For Sale

2 months 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 29
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: $78,000 and $156,000.
Similar properties in this area sold on average for: $78,057
Expected to sell in 71 days. Similar properties sold in 100 days. This home has been on eXp Realty for 29 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
1169 Melbourne Rd, East Cleveland, OH

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