16215 Miles Avenue, Cleveland, OH 44128
Local realty services provided by:CENTURY 21 Bolte Real Estate
Listed by: keyano burgess
Office: lokal real estate, llc.
MLS#:5194111
Source:OH_NORMLS
Price summary
- Price:$110,000
- Price per sq. ft.:$112.24
About this home
Welcome to 16215 Miles Avenue, a turnkey investment opportunity offering immediate cash flow and long-term stability in Cleveland’s east side rental market. This single-family home features 3 bedrooms and 1 bathroom, making it an ideal addition to any investor’s portfolio.
The 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.
For 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're 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.
Opportunities like this—featuring in-place cash flow and extended lease security—do not come around often. Reach out to your favorite Realtor today to learn more about this income-producing Cleveland property....
Contact an agent
Home facts
- Year built:1965
- Listing ID #:5194111
- Added:1 day(s) ago
- Updated:March 18, 2026 at 08:42 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement:Yes
- Basement Description:Full
- Living area:980 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1965
- Building area:980 sq. ft.
- Lot area:0.14 Acres
- Architectural Style:Ranch
- Construction Materials:Aluminium Siding
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$110,000
- Price per sq. ft.:$112.24
- Tax amount:$1,619 (2024)
Parking
- Parking description:Paved
New listings near 16215 Miles Avenue
- New
$159,900Active3 beds 2 baths1,376 sq. ft.3739 W 36th Street, Cleveland, OH 44109
MLS# 5178975Listed by: RE/MAX CROSSROADS PROPERTIES - New
$145,000Active4 beds 2 baths2,184 sq. ft.3831 E 50th Street, Cleveland, OH 44105
MLS# 5193156Listed by: RUSSELL REAL ESTATE SERVICES - New
$42,000Active5 beds 2 baths1,500 sq. ft.11210 Revere Avenue, Cleveland, OH 44105
MLS# 5194078Listed by: ARROW REALTY - New
$415,000Active7 beds 6 baths12404 Larchmere Boulevard, Cleveland, OH 44120
MLS# 5194335Listed by: KELLER WILLIAMS LIVING - New
$135,000Active3 beds 1 baths1,012 sq. ft.4137 E 154th Street, Cleveland, OH 44128
MLS# 5190469Listed by: EXP REALTY, LLC. - New
$399,900Active5 beds 3 baths1627 E 118th Street, Cleveland, OH 44106
MLS# 5193297Listed by: ENGEL & VLKERS DISTINCT - New
$68,500Active2 beds 1 baths990 sq. ft.19211 Chickasaw Avenue, Cleveland, OH 44119
MLS# 5194204Listed by: EXP REALTY, LLC. - New
$99,900Active3 beds 1 baths1,728 sq. ft.3606 E 54th Street, Cleveland, OH 44105
MLS# 5194231Listed by: COLDWELL BANKER SCHMIDT REALTY - New
$159,900Active5 beds 2 baths2,254 sq. ft.7705 Star Avenue, Cleveland, OH 44103
MLS# 5194258Listed by: RE/MAX INFINITY