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Home for Sale at 16215 Miles Avenue in Cleveland, OH for $110,000

Listing data last changed 03/18/2026 - 6:01pm
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16215 Miles Avenue | Cleveland

$110,000 | 3 Beds | 1 Baths (1 Full) | 980 Sq. Ft.

Welcome to 16215 Miles Avenue, a turnkey investment opportunity offering immediate cash flow and long-term stability in Cleveland\u2019s east side rental market. This single-family home features 3 bedrooms and 1 bathroom, making it an ideal addition to any investor\u2019s portfolio.\r\n\r\nThe property is currently occupied by a long-term tenant who has been in place since 2022, providing proven rental consistency and peace of mind for the next owner. The tenant is under lease through October 2026 and is currently paying $1,050 per month, ensuring reliable income from day one with no vacancy concerns.\r\n\r\nFor investors seeking a low-maintenance, stabilized asset, this property checks all the boxes. With an established tenant, consistent payment history, and a lease secured well into the future, this is a truly hands-off investment opportunity. Whether you\u0027re a seasoned investor looking to add to your portfolio or a newer buyer seeking predictable returns, 16215 Miles Avenue offers a strong foundation for long-term success.\r\n\r\nOpportunities like this\u2014featuring in-place cash flow and extended lease security\u2014do not come around often. Reach out to your favorite Realtor today to learn more about this income-producing Cleveland property. MLSNow 5194111 Directions to property: From I-480, take the Lee Rd exit and head north. Continue on Lee Rd for approximately 2 miles, then turn right onto Miles Ave. Proceed east on Miles Ave for about 1 mile\u2014the property will be on your right at 16215 Miles Ave.

MLS Listing ID: 
MLSNow 5194111
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$110,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
16215 Miles Avenue, Cleveland, OH 44128
County: 
Cuyahoga
Latitude: 
41.4412450
Longitude: 
-81.5678730
Directions: 
From I-480, take the Lee Rd exit and head north. Continue on Lee Rd for approximately 2 miles, then turn right onto Miles Ave. Proceed east on Miles Ave for about 1 mile\u2014the property will be on your right at 16215 Miles Ave.
Public Remarks: 
Welcome to 16215 Miles Avenue, a turnkey investment opportunity offering immediate cash flow and long-term stability in Cleveland\u2019s east side rental market. This single-family home features 3 bedrooms and 1 bathroom, making it an ideal addition to any investor\u2019s portfolio.\r\n\r\nThe property is currently occupied by a long-term tenant who has been in place since 2022, providing proven rental consistency and peace of mind for the next owner. The tenant is under lease through October 2026 and is currently paying $1,050 per month, ensuring reliable income from day one with no vacancy concerns.\r\n\r\nFor investors seeking a low-maintenance, stabilized asset, this property checks all the boxes. With an established tenant, consistent payment history, and a lease secured well into the future, this is a truly hands-off investment opportunity. Whether you\u0027re a seasoned investor looking to add to your portfolio or a newer buyer seeking predictable returns, 16215 Miles Avenue offers a strong foundation for long-term success.\r\n\r\nOpportunities like this\u2014featuring in-place cash flow and extended lease security\u2014do not come around often. Reach out to your favorite Realtor today to learn more about this income-producing Cleveland property.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Sorrento Park
Building Details
Details about the building on a property.
Architectural Style: 
Ranch
Stories: 
1
Year Built: 
1965
Living Area: 
980
Basement: 
Full
Construction
Construction Materials: 
Aluminum Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
5
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.14
Lot Size (Area): 
0.14
Lot Features
Parking Type: 
No Garage,Paved
Public Record
Parcel Number: 
141-05-008
Annual Tax: 
$1,619.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Lokal Real Estate, LLC.

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