4106 Lee Road, Cleveland, OH 44128

Property Description

Attention Investors!!! This One Does the Math for You. Cleveland ranked first among the 40 largest U.S. markets in home price growth in 2025, while still being the most affordable. Strong rental demand and rising rents make this the right market, and this property delivers the returns. Located in Cleveland's established Lee-Miles corridor under 15 minutes from both Cleveland Clinic and University Hospitals, two of the largest employers in Northeast Ohio, this property sits in the heart of consistent rental demand driven by thousands of healthcare workers seeking quality affordable housing close to work. Two updated studio units are currently leased at $700 each through May 2027. The third upper unit is vacant and rent-ready, with neighborhood demand supporting up to $1,200 per month, bringing potential gross monthly income to $2,600 at an incredibly affordable price point. All three units feature new windows, updated baths, and new flooring. All three furnaces are under 5 years old and the roof is new. Both main floor units have private basement access with washer and dryer hookups. The upper unit includes its own in-unit washer and dryer. Tenants pay electric and the owner covers only water and sewer. On site parking is available for convenience. Fully updated, income producing and priced to move. Schedule your showing today.