1268 E 169th Street,Cleveland, OH 44110
Cleveland, OH 44110
Description
ATTENTION INVESTORS: $1,403/MO RENTED CASH COW! HUGE RETURNS IN THE UPSCALE WATERLOO ARTS DISTRICT! This solid brick home sits in Cleveland?s rapidly revitalizing Waterloo Arts corridor, surrounded by rising property values, growing owner-occupancy, and walkable access to galleries, restaurants, nightlife, and the iconic Waterloo Theatre. Already rented through CMHA Section 8 at $1,403/month?$16,836 in annual gross rental income! The property may generate even more income through EDEN, which provided a written rent offer of $1,650/month. MASSIVE DSCR POTENTIAL?DO THE MATH! COMPLETELY REMODELED, TURNKEY, AND LEAD-PAINT TESTED AND PASSED! Major capital expenses are already covered, including a brand-new entry roof (September 2026), brand-new furnace (August 2026, never used), new stainless-steel refrigerator and stove, new vinyl windows, new carpet, refinished basement, updated lighting, new ceiling fans, complete interior repaint, exterior painting, and a new Chamberlain Wi-Fi garage-door opener. Additional features include a comfortable front porch tenants love, covered rear porch, huge fenced backyard, long private driveway, garage+opener, new windows with excellent natural light, and durable, low-maintenance brick construction. A city-owned vacant lot next door provides extra privacy, better natural light, and the feel of a larger side yard. Lead testing has passed, the report is available, and final certification from the City of Cleveland is pending making this a compliance-ready, inspection-friendly asset for housing-authority programs. Close to higher-rent Euclid while remaining in lower-tax Cleveland--the best of both worlds! Part of a larger Section 8 portfolio. Ask about additional stabilized voucher properties.
Details
| MLS # | 5241610 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1928 |
| Days On Site | 35 |
| Listing Provided By | Team Results Realty | Scott A Marvin |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,012 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.10 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Tax Annual Amount | 1979 |
|---|
Area Information
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44110 |
| Community Name | Moses |
| Listing VS Median (in Moses) | |
Price: $132,400 low | high Med: $86,200 sqft: 1,012 low | high Med: 1,056 $ / sqft: $131 low | high Med: $84 On site: 35 low | high Med: 99 | |
Market Activity 44110
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Learn More About This Property
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44110 |
| Community Name | Moses |
| Listing VS Median (in Moses) | |
Price: $132,400 low | high Med: $86,200 sqft: 1,012 low | high Med: 1,056 $ / sqft: $131 low | high Med: $84 On site: 35 low | high Med: 99 | |