Two-story residence featuring a covered front porch, white railings, and a dormer window

Covered porch with concrete flooring, decorative balustrade, panel front door with sidelights, and glass block accents

+41 more

Stone-clad fireplace with a wood mantle, wood-finish flooring, and a ceiling fan

Recessed built-in shelving, wood-finish flooring, a contemporary ceiling fixture, and multiple windows with white trim

Light gray walls with white trim, wood-finish flooring, a three-panel bay window, and a flush mount ceiling light

White cabinetry with dark hardware, dark countertops, tiled backsplash, and recessed lighting

Kitchen featuring white cabinetry, dark stone countertops, stainless steel microwave, tile backsplash, and a modern ceiling light fixture

Recessed ceiling fixture, wood-finish flooring, single window, and light gray wall paint

Wood-finish flooring, light gray wall paint, and white trim accents

Wood-finish flooring, multiple windows, and a ceiling-mounted light fixture

Wood-finish flooring, multiple windows, ceiling-mounted light fixture, and light-toned walls

Wood-finish flooring, light grey wall paneling, white trim, and a window with white casing

Wood-finish flooring, light grey wall paneling, white trim, single window, and ceiling-mounted light fixture

Wood-finish flooring, half-height brick wall, white trim, and a window with white casing

White vanity with integrated sink, matte black faucet, wall-mounted storage cabinet, and a white shower-over-tub combination

White vanity with black hardware, arched mirror, black wall-mounted faucet, and wood-finish flooring

Sloped ceiling lines, wood-finish flooring, and a flush-mount ceiling light

Light gray wall paint, wood-finish flooring, white trim, recessed door, and a flush-mount ceiling light

Room with wood-finish flooring, light gray walls, white trim, and a flush mount ceiling light

Spacious room featuring wood-finish flooring, white trim, a multi-panel door, and a built-in window

Bright room with wood-finish flooring, white trim, and a three-pane window

Wood-finish flooring, white trim, recessed alcove, window with white framing, and a ceiling-mounted light fixture

Exposed ceiling joists, utility piping, and a gas meter

Detached garage with horizontal siding, a paneled garage door, and a single entry door

Detached two-car garage with white siding, a side entry door, and a concrete driveway

Two-story residence with a covered front porch featuring white railings

Two-story exterior with a second-floor balcony and ground-level deck

46 photos

$299,900

1659 Lee Road

Cleveland, OH 44118

Listed by Jeffrey J Wang · Keller Williams Greater Metropolitan

Bedrooms

Bathrooms

Living area

2,870 sqft

Year built

1915

About this home

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 2800 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.

Highlights

Fireplace

Property details

MLS #: 5233889
Property type: SingleFamilyResidence
Subdivision: Charles A Post Uplands Sub
Status: Active
Days on market: 2
On market date: August 11, 2026
Stories: N/A
Garage spaces: 2
Lot size: 0.1814 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary

Boulevard Elementary School

0.18 mi away · Grades 0-5

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 267
Student:teacher ratio: 14.8:1
District: Cleveland Heights-University Heights City

Middle

W.H. Kirk Middle School

1.1 mi away · Grades 6-8

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 339
Student:teacher ratio: 14.1:1
District: East Cleveland City School District

High

Cleveland Heights High School

0.89 mi away · Grades 9-12

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 1,600
Student:teacher ratio: 15.0:1
District: Cleveland Heights-University Heights City

Mortgage calculator

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

Home price

Down payment

Interest rate

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Adjust tax / insurance estimates

Property tax

% / yr

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/mo

Est. monthly payment

$1,956/mo

$59,980 down

$239,920 loan

Principal & interest$1,556

Property tax (est.)$250

Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 7 days ago.

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.