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1169 Melbourne Road, East Cleveland, OH 44112 | MLS ID 5227133 - Hardcastle Realty
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$130,000

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Investor Opportunity Turnkey Rental with Long-Term Tenant in Place! Don't miss this income-producing investment property featuring a long-term Section 8 tenant who would like to remain, providing immediate rental income from day one. The property currently generates $12,504 in annual rental income, making it an attractive addition to any investment portfolio. This spacious Front Porch Colonial offers 4 bedrooms and 1 full bath with a classic layout that includes a welcoming living room with a fireplace, a formal dining room featuring built-in cabinetry, and an eat-in kitchen. Brand-new carpeting has been installed throughout, giving the interior a fresh, updated feel. Major mechanical and infrastructure updates include a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement, helping reduce future maintenance concerns. Whether you're looking to expand your rental portfolio or purchase a stable, income-producing property, this home offers immediate cash flow with a reliable long-term tenant already in place.

Information
Address:
 <map>
1169 Melbourne Road
East Cleveland, OH 44112
Bedrooms:  4
Bathrooms:  1 full
Square Feet:  2072
Type:  Colonial
Subdivision:  Carlyon
Area/School Dist:  East Cleveland
MLS ID:  5227133
Status:  Active



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Features
Garage: 1
Taxes: $1,288 / year
Basement: Yes
Roof Type: Asphalt,Shingle
Exterior: Wood Siding
Lot Size: 0.09 Acres
Heating: Forced Air
Cooling: Ceiling Fan(s)
Year Built: 1915
Water: Public
Sewer: Public Sewer
Stories: 3.0
Basement: Full,Unfinished
Fencing: Wood
Parking: Driveway
Parcel#: 672-04-069


Room Information
Living Room: 21 x 10 Level: First
Kitchen: 13 x 10 Level: First
Dining Room: 14 x 10 Level: First
Primary Bathroom: 21 x 20 Level: Third
Bedroom: 12 x 10 Level: Second
Bedroom: 10 x 10 Level: Second
Bedroom: 10 x 10 Level: Second


School Information
School District: East Cleveland City


Mortgage Information


Home Price:
Down Payment: , or
%
Loan Term: months, or
years.
Interest Rate: %
Estimated Monthly Payment (prin & int):

Agency/Agent Information
Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone:

Listed By
   Keller Williams Greater Metropolitan
  Agency Phone: 216-839-5500

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/07/2026. The listing information on this page last changed on 08/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/07/2026 1:11:30 AM EST) or MLS NOW (last updated Fri 08/07/2026 12:17:42 AM EST). Real estate listings held by brokerage firms other than Hardcastle Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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