6 beds2,570 sqft$117/sqft
1659 Lee Road, Cleveland, OH 44118
Est: $2,005/moGet pre-approved

Description

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 1,900 square feet of living space. The spacious floor plan features hardwood floors, a large living room,
...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 1,900 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.
LISTING UPDATED: 08/11/2026 07:15 PM

  1. Listed by Jeffrey J Wang • Keller Williams Greater Metropolitan
    P: (216)-990-3200 C: (216)-990-3200 jeffwangrealestate@gmail.com

Property Details for 1659 Lee Road

Status
MLS #
5233889
Days on Market
Listed Today
Taxes
$5,772 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1915
Lot Size
0.18 AC / 7,901 SF
Architectural Style
Colonial
Subdivision Name
Charles A Post Uplands Sub
Has Waterfront
No

Location

Listing Courtesy of Keller Williams Greater Metropolitan
Add your commute

Building Information for 1659 Lee Road

Stories-Year Built1915Building Size-Lot Size0.18 AC / 7,901 SF

Payment Calculator

$2,005 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,524

Property Taxes

$481

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1659 Lee Road

Summary
Location and General Information
  • Directions: From Mayfield Rd (US-322), head south on Lee Rd and continue to 1659 Lee Rd. The property will be on the left.
  • Latitude: 41.514584
  • Longitude: -81.568071
  • Township: Cleveland Heights
Taxes and HOA
  • Association: No
  • Parcel Number: 684-32-015
  • Tax Annual Amount: $5,772.00
  • Tax Legal Description: 48 UPLANDS &S/L12 NP 0011 SP
  • Tax Year: 2025
School Information
  • Elementary School District: Cleveland Hts-Univer - 1810
  • High School District: Cleveland Hts-Univer - 1810
  • Middle or Junior School District: Cleveland Hts-Univer - 1810
Parking
  • Attached Garage: No
  • Carport: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached, Garage
Property
Lot Information
  • Lot Size Acres: 0.1814
  • Lot Size Area: 0.1814
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 1740.0
  • Above Grade Finished Area Source: Realist
  • Below Grade Finished Area: 830.0
  • Below Grade Finished Area Source: Assessor
  • Land Lease: No
  • Living Area: 2570.0
  • Living Area Units: Square Feet
  • Year Built: 1915
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Vinyl Siding
  • Levels: Three Or More
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Finished
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms Integer: 2
  • Total Bedrooms: 6
  • Cooling: Ceiling Fans
  • Total Fireplaces: 1
  • Fireplace: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Total Rooms: 6
Exterior Features
  • Private Pool: No
  • Roof: Asphalt

Property History for 1659 Lee Road

DateEvent & SourcePriceAppreciation
Aug 11, 2026

Listed (Active)

MLS Now #5233889

$299,900
Jan 14, 2025

Permanently Off Market

MLS Now #5087941

$310,000
Dec 3, 2024

Listed (Active)

MLS Now #5087941

$310,000
DateEvent & SourcePrice
08/11/2026

Listed (Active)

MLS Now #5233889

$299,900
01/14/2025

Permanently Off Market

MLS Now #5087941

$310,000
12/03/2024

Listed (Active)

MLS Now #5087941

$310,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1659 Lee Road

Taxable ValueLand$10,820Additions$53,900Total$64,720
Tax Record2025$5,772 ($481 / month)
Home Facts
Beds5Baths1Total Finished SqFt1,740 SqFtAbove Grade Finished SqFt1,740 SqFtStories2Lot Size7,900 SqFtStyleSingle Family ResidenceYear Built1915Year Renovated1958ZoningACountyCUYAHOGAAPN684-32-015

Schools near 1659 Lee Road

This home is within Cleveland Heights-University Heights City.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Boulevard Elementary School
PublicK to 5

Monticello Middle School
Public6 to 8

Cleveland Heights High School
Public9 to 12

Tiger Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1659 Lee Road is a single family home for sale in Cleveland, OH 44118. This property was listed for sale on August 11, 2026 by Keller Williams Greater Metropolitan, it's currently listed at $299,900. It has been on the market for a total of 0 days and was last sold on March 20, 2024. This listing's school district is Cleveland Heights-University Heights City. Nearby schools include Boulevard Elementary School, Monticello Middle School and Cleveland Heights High School. 1659 Lee Road is a 6-bed, 2-bath, 2,570 sqft single family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Greater Metropolitan

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