4467 Lee Road

—
Beds
—
Baths
8,004 Sq. Ft.
$85 / Sq. Ft.
8,004
Sq. Ft.
$85
per Sq. Ft.

Description

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...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.
  1. Listed by Kamal K Istaphanous • Brokerage DRE #2016001557 • Home Connections
    P: (513)-816-2281 kamalsellshomes@gmail.com

Property Details for 4467 Lee Road

View
City
Zoning
Multi Family
Zoning Details
Multi Family
LISTING UPDATED: 06/02/2026 09:59 AM

Property Details for 4467 Lee Road

StatusActive
MLS #1877963
Days on Market30
Pet Policy-
Taxes$14,084 / year
HOA Fees-
Condo/Co-op Fees$12,000 / month
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1963
CountyCuyahoga County

Location

Listing Courtesy of Home Connections
Add your commute

Building Information for 4467 Lee Road

Building/Complex4467 Lee RdFloor-Stories-Residences9Pet Policy-Pet Policy Details-Year Built1963Building Size-

Payment Calculator

$16,557 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,384

Property Taxes

$1,174

HOA Dues

$12,000

The Payment Calculator is for illustrative purposes only.

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Property Information for 4467 Lee Road

Summary
Location and General Information
  • MLS Area Major: Out of Area -099
  • Area Short Name: O99
  • Cross Street: Langley
  • Directions: From I‑480: Exit Northfield Rd/Lee Rd (Exit 23) → turn north onto Lee Rd → property will be on the right.
  • FIPS Code: 35
  • Latitude: 41.437236
  • Longitude: -81.564362
  • Township: Cleveland
  • Census Tract: 1223.0
Taxes and HOA
  • Has Association: No
  • Parcel Number: 143-13-007
  • Semi Annual Taxes: $7042
School Information
  • High School District: Cleveland Municipal
Parking
  • Parking Features: Asphalt, Lot, Driveway
Property
Lot Information
  • Lot Area: 5998.0
  • Lot Size Acres: 0.1377
  • Lot Size Square Feet: 5998.0
  • Lot Size Units: Acres
  • 2nd Floor Area: 2668
Property and Assessments
  • Living Area: 8004.0
  • 3rd Party Approval Required: No
  • Has Board Loaded: No
  • New Construction: No
  • Total Buildings: 1
  • Validated: No
  • Year Built: 1963
Building Features
  • Foundation Details: Block
  • Levels: Three+
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick, Other
Green Features
  • Environmental Quality Disposal: 804
  • Environmental Qualilty District: 804
Utilities
  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Slate
Interior Features
  • Appliance Include: Yes
  • Basement: Partial
  • Cooling: Window Unit
  • Heating: Forced Air
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: Yes
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Aluminum, Slider
Multi Family
Multi Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Gross Income: $80,400.00
  • Insurance Expense: $3,300.00
  • Maintenance Expense: $12,000.00
  • New Taxes Expense: $14,085.00
Rental
Rent Information
  • 2 Bedroom Units: 9
  • Efficiency Rent: $80,400.00
  • Efficiency Units: 9
  • Heat Paid: Tenant
  • Occupancy: At Closing
  • Water Paid: Owner
  • Has Lease Considered: No
  • Lease Information: Yes
  • Sub Lease: No

Property History for 4467 Lee Road

DateEvent & SourcePriceAppreciation
Jun 2, 2026

Price Change

MLS of Greater Cincinnati #1877963

$679,000—
May 4, 2026

Listed (Active)

MLS of Greater Cincinnati #1877963

$700,000—
Nov 17, 2016

Sold (Public Record)

Public Record #584105453

$200,000—
DateEvent & SourcePrice
06/02/2026

Price Change

MLS of Greater Cincinnati #1877963

$679,000
05/04/2026

Listed (Active)

MLS of Greater Cincinnati #1877963

$700,000
11/17/2016

Sold (Public Record)

Public Record #584105453

$200,000

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

Public Records for 4467 Lee Road

Taxable ValueLand$7,840Additions$70,560Total$78,400
Tax Record2021$7,842 ($654 / month)
Home Facts
Baths3Total Finished SqFt8,004 SqFtAbove Grade Finished SqFt8,004 SqFtStories3Lot Size6,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1974ZoningLRCountyCUYAHOGAAPN143-13-007

Schools near 4467 Lee Road

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Whitney M Young PreK-8 School
PublicPK to 8

John F Kennedy High School
Public9 to 12

Robert H Jamison School
PublicPK to 8

Adlai Stevenson School
PublicPK to 8

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.

Similar Homes

4467 Lee Road is a multi-family home for sale in Cleveland, OH 44128. This property was listed for sale on May 4, 2026 by Home Connections, it's currently listed at $679,000. It has been on the market for a total of 30 days and was last sold on November 17, 2016. This listing's school district is Cleveland Metropolitan School District. Nearby schools include Whitney M Young PreK-8 School, John F Kennedy High School and Robert H Jamison School. 4467 Lee Road is a 0-bed, 0-bath, 8,004 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home Connections

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