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$132,400
2 Beds 2 Baths 5241610 MLS
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.

1268 E 169th Street, Cleveland

Listing Courtesy of: Scott A Marvin, teamresultsohio@gmail.com With Team Results Realty

$169,900
4 Beds 3 Baths 5180274 MLS
Welcome to this updated Colonial offering over 1,500 square feet of living space, 4 bedrooms, and 3 full baths—an excellent opportunity for an owner-occupant or investor alike. The main level features a spacious living room, dining room, kitchen, a first-floor bedroom, and full bath for added flexibility. Upstairs, you’ll find additional bedrooms with room to spread out, while the finished basement adds even more usable space with another full bath—ideal for guests, hobbies, or recreation. Outside, the 110-foot concrete driveway provides abundant off-street parking and leads to a large, fully fenced backyard with plenty of room for entertaining, play, or pets. Front and side porches add to the home’s charm, and recent updates include a new hot water tank in 2024 along with interior and exterior waterproofing for peace of mind. Conveniently located with public water, public sewer, and central air.

1228 E 167th Street, Cleveland

Listing Courtesy of: Elizabeth DeNigris, denisgrisbeth@gmail.com With Keller Williams Living

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