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Street View
$299,900
Monthly Est:$1,493
6 Beds
2 Baths2 full baths
2,870sqft
1659 Lee Rd, Cleveland, OH 44118
$299,900
$1,493/moEst:
Get Pre-Approved
Single Family Residence
Built in 1915
$-- HOA
0.18 acre lot
$104/sq.ft
Description
INVESTMENT OPPORTUNITY – Fully occupied Cleveland Heights single-family rental offered at $299,900 with a long-term lease and built-in rent growth already in place. Current rent is $2,730/month ($32,760 annually), increasing to $2,870/month in April 2027 and $3,015/month in April 2028. Current lease term extends through April 18, 2029.
1659 Lee Rd offers 6 bedrooms, 2 full baths and more than 2800 square feet of living space. The spacious floor plan features hardwood floors, a large living room, formal dining room, updated kitchen with ample cabinet and counter space, six bedrooms and two full baths.
Tenants are responsible for utilities, lawn care and snow removal. Conveniently located near shopping, dining, parks and other Cleveland Heights amenities. An opportunity to acquire an established income-producing single-family rental with scheduled rent growth already in place.
- Houzeo last checked: 1 hour ago
- Listing updated: September 16, 2026 at 9:13 pm
- Listing Provided by: Jeffrey J Wang (216) 990-3200 DRE #2018005006 | Keller Williams Greater Metropolitan (216) 839-5500
- Source: MLS Now-OH | MLS#: 5233889
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
2,870 sqft
Lot Size
0.18 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5233889
MLS Status
Active
Days on Market
58
Cumulative Days on Market
24
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Interior
Sewer
Public Sewer
Cooling
Ceiling Fans
Heating
Forced Air
Construction
Year Built
Year Built: 1915
Home type
Single Family Residence
Construction Materials
Vinyl Siding
Roof
Asphalt
Architectural Style
Colonial
Utilities & Energy
Parking Features
Detached, Garage
Basement
Finished
Water Source
Public
Other Features
Subdivision Name
Charles A Post Uplands Sub
Price History
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: | Listed for Sale | $299,900 $104/sqft |
09/04/2026 Source: | Pending | $299,900 -3.26% $104/sqft |
01/15/2025 Source: | Price Decreased | $310,000 -7.46% $108/sqft |
09/14/2024 Source: | Listing Removed | $335,000 $117/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Oct 09, 2026, 02:30PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2026 Multiple Listing Service, Inc. All Rights Reserved
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