SingleFamilyResidence at 4609 Lee Road, Cleveland
SingleFamilyResidence at 4609 Lee Road, Cleveland, photo 2 of 3
SingleFamilyResidence at 4609 Lee Road, Cleveland, photo 3 of 3
3 photos

$95,000

4609 Lee Road
Cleveland, OH 44128
Listed by Adrian Frederick · Coldwell Banker Schmidt Realty
Bedrooms
3
Bathrooms
1.5
Living area
N/A
Year built
1954

About this home

ATTENTION INVESTORS! Solid, tenant-occupied 3-bedroom, 1-bath ranch situated on a desirable corner lot with strong rental appeal and steady cash flow potential. This property offers immediate income with a tenant in place paying $1,295 per month (not section 8). The home features a practical single-level layout, making it attractive for long-term tenants, along with a full basement that provides additional storage or potential for added value. A two-car garage adds convenience and increases tenant demand, while the corner lot offers extra space and curb appeal. This is a low-maintenance, easy-to-manage asset ideal for both new and experienced investors looking to expand their portfolio. Located in an area with consistent rental demand, this property is positioned to perform from day one. Do not disturb tenant. Showings after accepted offer only. No wholesalers. No owner financing. Qualified buyers only.

Property details

MLS #
5198859
Property type
SingleFamilyResidence
Subdivision
Lee Homes
Status
Active
Days on market
8
On market date
April 6, 2026
Stories
1
Total bathrooms
1.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.1304 acres
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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.

ElementaryCharter
Citizens Academy Southeast
0.92 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
652
Student:teacher ratio
16.3:1
District
Citizens Academy Southeast
Middle
Warrensville Heights Middle School
1.67 mi away · Grades 4-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
336
Student:teacher ratio
10.5:1
District
Warrensville Heights City
HighCharter
T2 Honors Academy
0.7 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
97
Student:teacher ratio
7.5:1
District
T2 Honors Academy

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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

64
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 8 days -- 40 fewer days than Cleveland's current average of 48 days.
For reference, the median list price across 1,625 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$722/mo
$19,000 down
$76,000 loan
Principal & interest$493
Property tax (est.)$79
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated May 11, 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.