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Home for Sale at 1659 Lee Road in Cleveland, OH for $299,900

Listing data last changed 08/11/2026 - 11:15pm
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1659 Lee Road | Cleveland

$299,900 | 6 Beds | 2 Baths (2 Full) | 2,570 Sq. Ft.

INVESTMENT OPPORTUNITY \u2013 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.\r\n\r\n1659 Lee Rd offers 6 bedrooms, 2 full baths and more than 1,900 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.\r\n\r\nTenants 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. MLSNow 5233889 Directions to property: From Mayfield Rd (US-322), head south on Lee Rd and continue to 1659 Lee Rd. The property will be on the left.

MLS Listing ID: 
MLSNow 5233889
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$299,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
1659 Lee Road, Cleveland, OH 44118
County: 
Cuyahoga
Latitude: 
41.5145840
Longitude: 
-81.5680710
Directions: 
From Mayfield Rd (US-322), head south on Lee Rd and continue to 1659 Lee Rd. The property will be on the left.
Public Remarks: 
INVESTMENT OPPORTUNITY \u2013 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.\r\n\r\n1659 Lee Rd offers 6 bedrooms, 2 full baths and more than 1,900 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.\r\n\r\nTenants 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.
Community Information
School District: 
Cleveland Hts-Univer - 1810
Subdivision: 
Charles A Post Uplands Sub
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Year Built: 
1915
Living Area: 
2,570
Basement: 
Finished
Construction
Construction Materials: 
Vinyl Siding
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
6
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
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
Cooling System: 
Ceiling Fan(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.18
Lot Size (Area): 
0.18
Lot Features
Parking Type: 
Detached,Garage
Public Record
Parcel Number: 
684-32-015
Annual Tax: 
$5,772.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Greater Metropolitan

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