For sale

Price cut: $29K (6/19)

$650,000

4467 Lee Rd, Cleveland, OH 44128

18beds

--baths

8,004sqft

$4,887/mo

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Apartment

Built in 1963

-- sqft lot

$-- Zestimate^®

$81/sqft

$-- HOA

What's special

New roof installationBasement waterproofingBalcony renovationsUpdated unitsSignificant recent updates

Solid 9‑unit investment property offering 100% occupancy with tenant‑paid gas and electric, ensuring consistently low and predictable operating expenses. The building reflects responsible ownership with major capital improvements completed in recent years, including: * New roof installation * Fresh asphalt and parking lot upgrades * Balcony renovations * Basement waterproofing Updated units With a stable tenant base, strong rental history, and significant recent updates, this property stands out as a turnkey, low‑maintenance addition to any investment portfolio. Ideal for investors seeking reliable cash flow and minimized future capital needs.

83 days

459

33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18

Heating

Forced Air

Cooling

Window Unit(s), Separate Air Conditioning

Features

Windows: Aluminum Frames, Slider
Basement: Partial
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 8,004
Total interior livable area: 8,004 sqft

Property

Parking

Parking features: Asphalt, Parking Lot, Driveway
Has uncovered spaces: Yes

Features

Stories: 3
Has view: Yes
View description: City

Lot

Size: 5,998 Square Feet

Details

Parcel number: 14313007
Zoning description: Multi Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Brick, Other
Foundation: Block
Roof: Slate

Condition

New construction: No
Year built: 1963

Utilities & green energy

Gas: Natural
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Cleveland

Financial & listing details

Price per square foot: $81/sqft
Tax assessed value: $12,000
Annual tax amount: $14,084
Date on market: 5/4/2026
Listing terms: No Special Financing
Total actual rent: 80400
Tenant pays: Heat

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/19/2026	Price change	$650,000-4.3%$81/sqft
Source: Cincy MLS #1877963 Report a problem
6/2/2026	Price change	$679,000-3%$85/sqft
Source: Cincy MLS #1877963 Report a problem
5/5/2026	Listed for sale	$700,000$87/sqft
Source: Cincy MLS #1877963 Report a problem
5/6/2018	Listing removed	$675
Source: Vento Maysa Investments LLC Report a problem
5/3/2018	Listed for rent	$675
Source: Vento Maysa Investments LLC Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$434 +0.2%	$4,200
2024	$433 -40.7%	$4,200 -10.4%
2023	$731 +56.3%	$4,690
2022	$468 -0.3%	$4,690
2021	$469 +7.4%	$4,690 +11.7%
2020	$437 +6.2%	$4,200
2019	$411 +2.5%	$4,200
2018	$401 -53.8%	$4,200 +6.1%
2017	$867 -55.5%	$3,960
2016	$1,947 +3.3%	$3,960
2015	$1,884 +23.7%	$3,960 -5.7%
2014	$1,524 +364.1%	$4,200 +25%
2001	$328 +4.5%	$3,360
2000	$314	$3,360

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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