
17005 Lipton Ave Cleveland, OH 44128
Lee-Miles NeighborhoodEstimated payment $928/month
Highlights
- Traditional Architecture
- Double Pane Windows
- Forced Air Heating System
- No HOA
About This Home
ATTENTION INVESTORS: TURNKEY HUGE CASH COW IN PRIME LOCATION — $2,043/MO, CMHA SECTION 8!
Fully rehabbed, completely remodeled, this turnkey single-family rental is currently bringing in $2,043/mo ($1,943 from CMHA--Excellent 95% split!). Stable, happy, cooperative tenant in place under CMHA Section 8, with massive government-backed income! Massive rents, huge cash flow, excellent DSCR ratio!
Located on an excellent, high-demand and quiet street, this asset delivers Maple Heights-level rents and demand, but with low Cleveland taxes, boosting yield. Homes here rent quickly and remain occupied long-term.
MAJOR CAPEX COMPLETED! Interior was fully remodeled: brand-new kitchen cabinets, countertops and faucets, updated bathroom, refinished basement, new lighting throughout, new kitchen tile flooring, and BRAND NEW LOW-E WINDOWS (dual-pane energy-efficient vinyl windows) throughout. Modern, low-maintenance, and a long-term CapEx saver.
LEAD BASED PAINT CERTIFIED! Lead-based paint testing completed and passed, and the property is Cleveland Lead-Safe certified in compliance with city requirements . Reports are available upon request.
Fully rehabbed, rent-stabilized, quality remodel, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.
Do not disturb tenants. Showings after accepted offer.
Listing Agent
Team Results Realty Brokerage Email: 614-382-2124, scottamarvin@gmail.com License #2018003245 Listed on: 07/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $730
Year Built
- Built in 1957
Lot Details
- 6,399 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2-Story Property
- Double Pane Windows
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- William J Langs Lee Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 143-14-034
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $730 | $20,930 | $5,600 | $15,330 |
2023 | $239 | $12,320 | $3,990 | $8,330 |
2022 | $269 | $12,320 | $3,990 | $8,330 |
2021 | $267 | $12,320 | $3,990 | $8,330 |
2020 | $221 | $11,310 | $3,680 | $7,630 |
2019 | $204 | $32,300 | $10,500 | $21,800 |
2018 | $204 | $11,310 | $3,680 | $7,630 |
2017 | $376 | $13,310 | $3,540 | $9,770 |
2016 | $373 | $13,310 | $3,540 | $9,770 |
2015 | $494 | $13,310 | $3,540 | $9,770 |
2014 | $494 | $14,770 | $3,920 | $10,850 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | For Sale | $159,000 | +130.4% | $89 / Sq Ft |
07/19/2024 07/19/24 | Sold | $69,000 | -1.3% | $76 / Sq Ft |
06/23/2024 06/23/24 | Pending | -- | -- | -- |
06/17/2024 06/17/24 | For Sale | $69,900 | -- | $77 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $69,000 | Triple Crown Title | |
Quit Claim Deed | -- | None Listed On Document | |
Interfamily Deed Transfer | -- | -- | |
Deed | -- | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $38,300 | Credit Line Revolving |
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Source: MLS Now
MLS Number: 5136101

APN: 143-14-034
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