1268 E 169th Street, Cleveland, OH 44110
Local realty services provided by:ERA Real Solutions Realty
Listed by:scott a marvin
Office:team results realty
MLS#:5134806
Source:OH_NORMLS
Price summary
- Price:$139,000
- Price per sq. ft.:$137.35
About this home
ATTENTION INVESTORS: TURNKEY SECTION 8 BRICK CASH COW IN WATERLOO ARTS DISTRICT — $1,395/MO WITH UPSIDE BUILT IN
This one checks all the investor boxes: CMHA Section 8 tenant paying 100% $1,205/mo, plus an additional $190/mo in garage rent from the same tenant — total of $1,395/mo in collected rent. And it’s due for a rent increase, offering baked-in upside. Tenant is stable, cooperative, and happy to stay.
Located in Cleveland’s exploding Waterloo Arts District, this neighborhood is seeing surging demand, appreciation momentum, and an influx of culture, restaurants, and nightlife. With Euclid rents influencing the CMHA range in this pocket, Section 8 payouts are stronger here than typical east side comps. This is a prime appreciation + cashflow play.
Value-add potential: large dry basement — could easily support 2 additional bedrooms + bath, pushing rent another $500–$700/month for minimal build out.
CapEx already completed: Quality remodel! full interior repaint, painted basement, good mechanicals, updating throughout. Solid rick exterior, large windows with great natural light, long private driveway, and single car garage with existing rental income. Next to a city-owned vacant lot — extra privacy, elbow room and light.
LEAD BASED PAINT TESTING COMPLETED AND PASSED.
Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective.
PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings.
Contact an agent
Home facts
- Year built:1928
- Listing ID #:5134806
- Added:97 day(s) ago
- Updated:October 01, 2025 at 02:15 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,012 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1928
- Building area:1,012 sq. ft.
- Lot area:0.1 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$139,000
- Price per sq. ft.:$137.35
- Tax amount:$1,835 (2024)
New listings near 1268 E 169th Street
- New
$165,000Active3 beds 1 baths1,064 sq. ft.18401 Garden Boulevard, Cleveland, OH 44128
MLS# 5127604Listed by: GENTILE REAL ESTATE LLC - New
$179,900Active5 beds 2 baths2,112 sq. ft.4162 Victory Boulevard, Cleveland, OH 44135
MLS# 5159466Listed by: MCDOWELL HOMES REAL ESTATE SERVICES - New
$229,900Active2 beds 2 baths1,128 sq. ft.1951 W 26th Street #510, Cleveland, OH 44113
MLS# 5161064Listed by: RE/MAX ABOVE & BEYOND - New
$49,000Active3 beds 1 baths1,176 sq. ft.727 E 118th Street, Cleveland, OH 44108
MLS# 5161130Listed by: JOSEPH WALTER REALTY, LLC. - New
$170,000Active4 beds 2 baths2,924 sq. ft.3181 W 82nd Street, Cleveland, OH 44102
MLS# 5160972Listed by: KEY REALTY - New
$440,000Active2 beds 3 baths1,900 sq. ft.2160 W 40th Street, Cleveland, OH 44113
MLS# 5159778Listed by: REAL OF OHIO - New
$159,900Active8 beds 3 baths4,920 sq. ft.11419 Durant Avenue, Cleveland, OH 44108
MLS# 5160052Listed by: PLUM TREE REALTY, LLC - New
$165,000Active3 beds 1 baths4492 W 170th Street, Cleveland, OH 44135
MLS# 5160814Listed by: REALUXE OHIO - New
$155,000Active4 beds 2 baths3229 E 121st Street, Cleveland, OH 44120
MLS# 5160803Listed by: KELLER WILLIAMS GREATER METROPOLITAN - New
$175,000Active6 beds 2 baths2,306 sq. ft.3445 Martin Luther King Jr Drive, Cleveland, OH 44104
MLS# 5161043Listed by: PLUM TREE REALTY, LLC
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2023 - 2025 ERA Franchise Systems LLC. All rights reserved. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. ERA, ERA Real Estate powered, and their respective logos are registered service marks of ERA Franchise Systems LLC. Each office is independently owned and operated.