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  • $299,900

    1659 Lee Rd, Cleveland Heights, OH 44118

    6beds
    2,870sqft
    : 
    $2,236/mo
    Get pre-qualified
    Single Family Residence
    Built in 1915
    7,901 Square Feet Lot
    $-- Zestimate®
    $104/sqft
    $-- HOA

    What's special

    Spacious floor planFormal dining roomHardwood floors
    INVESTMENT OPPORTUNITY – 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. 1659 Lee Rd offers 6 bedrooms, 2 full baths and more than 2800 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. Tenants 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.
    3 days
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    312
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey J Wang 216-990-3200 jeffwangrealestate@gmail.com,

    Keller Williams Greater Metropolitan

    Source: MLS Now,MLS#: 5233889MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Ceiling Fan(s)
      Features
      • Basement: Finished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,870
      • Total interior livable area: 2,870 sqft
      • Finished area above ground: 2,040
      • Finished area below ground: 830
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage
      • Garage spaces: 2
      Features
      • Levels: Three Or More
      Lot
      • Size: 7,901 Square Feet
      Details
      • Parcel number: 68432015

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • Year built: 1915

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Charles A Post Uplands Sub
      HOA
      • Has HOA: No
      Location
      • Region: Cleveland Heights

      Financial & listing details

      • Price per square foot: $104/sqft
      • Tax assessed value: $184,900
      • Annual tax amount: $5,772
      • Date on market: 8/11/2026
      • Cumulative days on market: 4 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/11/2026Listed for sale$299,900-3.3%$104/sqft
        Source: MLS Now #5233889 Report a problem
        3/25/2025Listing removed$2,600$1/sqft
        Source: Zillow Rentals Report a problem
        3/25/2025Price change$2,600-3.7%$1/sqft
        Source: Zillow Rentals Report a problem
        2/25/2025Listed for rent$2,700+3.8%$1/sqft
        Source: Zillow Rentals Report a problem
        12/20/2024Listing removed$310,000$108/sqft
        Source: MLS Now #5087941 Report a problem
        12/3/2024Listed for sale$310,000-7.5%$108/sqft
        Source: MLS Now #5087941 Report a problem
        10/13/2024Listing removed$335,000$117/sqft
        Source: MLS Now #5070258 Report a problem
        9/14/2024Listed for sale$335,000+120.4%$117/sqft
        Source: MLS Now #5070258 Report a problem
        8/28/2024Listing removed$2,600$1/sqft
        Source: Zillow Rentals Report a problem
        8/21/2024Price change$2,600-3.7%$1/sqft
        Source: Zillow Rentals Report a problem
        8/20/2024Listed for rent$2,700$1/sqft
        Source: Zillow Rentals Report a problem
        7/9/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/18/2024Listed for rent$2,700$1/sqft
        Source: Zillow Rentals Report a problem
        3/20/2024Sold$152,000-5%$53/sqft
        Source: MLS Now #5016847 Report a problem
        2/21/2024Contingent$160,000$56/sqft
        Source: MLS Now #5016847 Report a problem
        2/19/2024Listed for sale$160,000+5.6%$56/sqft
        Source: MLS Now #5016847 Report a problem
        9/13/2023Listing removed$151,500$53/sqft
        Source: MLS Now #4457835 Report a problem
        8/25/2023Price change$151,500-3.2%$53/sqft
        Source: MLS Now #4457835 Report a problem
        8/16/2023Price change$156,500-2.5%$55/sqft
        Source: MLS Now #4457835 Report a problem
        7/20/2023Price change$160,500-0.9%$56/sqft
        Source: MLS Now #4457835 Report a problem
        6/7/2023Price change$162,000-3%$56/sqft
        Source: MLS Now #4457835 Report a problem
        5/31/2023Listed for sale$167,000$58/sqft
        Source: MLS Now #4457835 Report a problem
        5/17/2023Listing removed--
        Source: MLS Now #4457835 Report a problem
        5/11/2023Listed for sale$167,000+82.5%$58/sqft
        Source: MLS Now #4457835 Report a problem
        4/13/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        10/14/2021Sold$91,500$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,400 -2.1%$64,720
        2024$5,514 +19.8%$64,720 +53.3%
        2023$4,603 +0.5%$42,210
        2022$4,580 +2%$42,210
        2021$4,489 +12%$42,210 +23.9%
        2020$4,006 +5.8%$34,060
        2019$3,785 -2.7%$34,060
        2018$3,888 +8.8%$34,060 +17.2%
        2017$3,574 +0.4%$29,060
        2016$3,558 +5%$29,060
        2015$3,389 -54.6%$29,060 -6.9%
        2014$7,472 +119.8%$31,220
        2013$3,400 -31.9%$31,220
        2012$4,994 -1.3%$31,220 -6.1%
        2011$5,061 +1569.7%$33,250
        2010$303 -97%$33,250
        2009$10,150 +50.9%$33,250 -6%
        2008$6,728 +129.6%$35,390
        2007$2,931 +8%$35,390
        2006$2,712 +8.3%$35,390 +17.3%
        2005$2,505 -8.8%$30,180
        2004$2,747 +24.5%$30,180
        2003$2,207 +5.8%$30,180 +14.5%
        2002$2,086 -49.7%$26,360
        2001$4,144 +0.4%$26,360
        2000$4,128 $26,360
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 44118

        Getting around

        67 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Cleveland Hts-Univer - 1810

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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