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Cleveland, OH, 44128 • Lee Miles • Cuyahoga County
$107/sqft
-$5,000 since Mar 27, 2026
Down payment assistance available
3Beds
1Baths
980Sqft
0.14 acLot
1965Built
Ranch Style
Built 1965 · 61 years of history
Sorrento Park
Lee Miles
This home is getting attention
Listed 20 days ago · 452 views · 27 saves
Demand and pricing signals for this listing
452 views
People checking out this listing
27 saves
Buyers have saved this home
20 days on market
Recently listed
$107/sqft
Price per square foot
Single Family · Built 1965
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.
Based on current rates
Est. 6.75% rate · 30yr fixed · $84,000 loan
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Key facts and listing details
4 categories of property features
10 rooms detailed
Primary Bedroom
FirstBedroom
FirstBedroom
FirstBathroom
FirstBasement
BasementBonus Room
BasementMarket data and value estimates
3 schools rated nearby
Cleveland, OH, 44128
19 events
25 years of records
Local context around this listing
Cleveland, OH • Cuyahoga County
Nearby neighborhoods
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