4467 Lee Rd Cleveland, OH 44128
Lee-Miles NeighborhoodEstimated payment $4,740/month
Highlights
- City View
- No HOA
- Forced Air Heating System
About This Home
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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,084
Year Built
- Built in 1963
Home Design
- Brick Exterior Construction
- Block Foundation
- Slate Roof
Interior Spaces
- 8,004 Sq Ft Home
- 3-Story Property
- Sliding Windows
- City Views
- Partial Basement
Parking
- Driveway
- Parking Lot
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Separate Meters
Community Details
Overview
- No Home Owners Association
Building Details
- Insurance Expense $3,300
- Maintenance Expense $12,000
- Gross Income $80,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $14,085 | $135,940 | $4,200 | $131,740 |
| 2024 | $14,030 | $135,940 | $4,200 | $131,740 |
| 2023 | $20,951 | $122,190 | $12,220 | $109,970 |
| 2022 | $7,819 | $78,400 | $7,840 | $70,560 |
| 2021 | $7,842 | $78,400 | $7,840 | $70,560 |
| 2020 | $7,277 | $49,250 | $4,200 | $45,050 |
| 2019 | $4,820 | $140,700 | $12,000 | $128,700 |
| 2018 | $4,832 | $49,250 | $4,200 | $45,050 |
| 2017 | $4,949 | $48,730 | $3,960 | $44,770 |
| 2016 | $4,952 | $48,730 | $3,960 | $44,770 |
| 2015 | $7,948 | $48,730 | $3,960 | $44,770 |
| 2014 | $8,352 | $51,840 | $4,200 | $47,640 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2026 08/01/26 | Pending | -- | -- | -- |
| 06/19/2026 06/19/26 | Price Changed | $650,000 | -4.3% | $81 / Sq Ft |
| 06/02/2026 06/02/26 | Price Changed | $679,000 | -3.0% | $85 / Sq Ft |
| 05/04/2026 05/04/26 | For Sale | $700,000 | -- | $87 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Ohio Real Title | |
| Warranty Deed | $370,000 | Resource Title Agency | |
| Warranty Deed | $200,000 | None Available | |
| Quit Claim Deed | $7,500 | Executive Title Agency | |
| Warranty Deed | $135,000 | Executive Title Agency | |
| Interfamily Deed Transfer | -- | Stewart Title Agency Of Ohio | |
| Certificate Of Transfer | -- | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $272,226 | New Conventional | |
| Previous Owner | $296,000 | Commercial | |
| Previous Owner | $150,000 | Commercial | |
| Previous Owner | $32,500 | Commercial | |
| Previous Owner | $105,000 | Commercial |
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1877963
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