About This Home

This 4-bedroom, 1-bathroom single family at 1169 Melbourne Road in East Cleveland, OH is listed for $114,900 ($55 per sqft). Built in 1915, the home offers 2,072 sqft of living space on a 0.09 acres lot.

Key Features

  • Built in 1915
  • 0.09 acre lot
  • 3 stories
  • Fireplace

Property Details

3 stories
1 full
1-car garage
1915

Amenities

Fireplace
Listing Description

Investor Opportunity with Long-Term Tenant in Place! This 4-bedroom, 1-bath Front Porch Colonial offers an excellent opportunity to add an already-occupied property to your rental portfolio. A long-term Section 8 tenant currently occupies the home and would like to remain, allowing the next owner to take over an established tenancy without the immediate need to locate a new renter.

The home offers a spacious layout featuring a living room with fireplace, formal dining room with charming built-in cabinetry, eat-in kitchen, and four generously sized bedrooms. Brand-new carpeting has also been installed throughout. Several important updates have already been completed, including a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement.

Whether you're looking to add another door to your existing portfolio or make your first investment purchase, this property offers the combination of an established tenant, four-bedroom layout, and key improvements already in place. Tenant would like to remain after the sale. Schedule your showing and see the investment potential for yourself!

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

1169 Melbourne Road

East Cleveland, OH 44112

Carlyon

Property Details

Construction

WoodSiding

Parking

Driveway

Heating

Forced Air

Cooling

Ceiling Fan(s)

Questions & Answers

This 4-bedroom, 1-bathroom single family at 1169 Melbourne Road is listed at $114,900 ($55/sqft). The estimated monthly payment is $615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.09 acre lot, 3 stories, Fireplace.

This property is listed by Janet Hayward.

JH

Janet Hayward

License 2019007450

Agent at Greater Cleveland

Listed by Greater Cleveland · Broker phone: (216) 839-5500 · View on Broker Site · Broker website

MLS# 5227133· Source: MLS Now· 115 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1169 Melbourne Road, East Cleveland, OH 44112

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