$110,000
About this home
Income Producing Downtown Loft - $1450/mo Tenant in Place Welcome to Waterstreet Condominiums in Cleveland’s historic Warehouse District. This stylish 1-bedroom, 1-bath loft offers approximately 544 square feet of modern urban living with soaring ceilings, exposed brick accents, and large windows that create a bright and inviting space. The open-concept living area features dark hardwood floors and a contemporary kitchen complete with granite countertops, stainless steel appliances, and bar seating—perfect for everyday living or entertaining. The thoughtfully designed layout maximizes space while maintaining the character and charm of a historic warehouse conversion. The updated bathroom includes a modern vanity and glass shower, while the spacious bedroom provides comfort and privacy within the loft-style design. Residents enjoy excellent building amenities including a fitness center, rooftop deck with stunning skyline and lake views, bike storage, and on-site laundry facilities. Located close to restaurants, nightlife, sporting venues, and the lakefront, this location offers the best of downtown Cleveland living. Investor opportunity: Unit is currently tenant-occupied generating $1,450 per month in rental income with lease in place through June 2026. HOA fee of $250/month includes internet, water, trash removal, and snow removal. Pets permitted per building guidelines. Ideal for investors seeking immediate income or buyers looking for a low-maintenance downtown residence in one of Cleveland’s most desirable neighborhoods.
Highlights
Property details
- MLS
- NOWDD
- MLS #
- 5194033
- Property type
- Condominium
- Subdivision
- Water Street Condos
- Status
- Active
- Days on market
- 26
- On market date
- March 18, 2026
- Stories
- 2
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.0012 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 221
- Student:teacher ratio
- 13.8:1
- District
- Near West Intergenerational School
- Enrollment
- 74
- Student:teacher ratio
- 37.0:1
- District
- Constellation Schools: Stockyard Community Middle
- Enrollment
- 293
- Student:teacher ratio
- 17.2:1
- District
- Cleveland Municipal
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated April 13, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.