#5134332, Shoshana Socher, Listing office: Keller Williams Greater Metropolitan
1268 E 169th St Cleveland, OH 44110
Property details
About 1268 E 169th St
ATTENTION INVESTORS: TURNKEY SECTION 8 BRICK CASH COW IN WATERLOO ARTS DISTRICT — $1,395/MO WITH UPSIDE BUILT IN This one checks all the investor boxes: CMHA Section 8 tenant paying 100% $1,205/mo, plus an additional $190/mo in garage rent from the same tenant — total of $1,395/mo in collected rent. And it’s due for a rent increase, offering baked-in upside. Tenant is stable, cooperative, and happy to stay. Located in Cleveland’s exploding Waterloo Arts District, this neighborhood is seeing surging demand, appreciation momentum, and an influx of culture, restaurants, and nightlife. With Euclid rents influencing the CMHA range in this pocket, Section 8 payouts are stronger here than typical east side comps. This is a prime appreciation + cashflow play. Value-add potential: large dry basement — could easily support 2 additional bedrooms + bath, pushing rent another $500–$700/month for minimal build out. CapEx already completed: Quality remodel! full interior repaint, painted basement, good mechanicals, updating throughout. Solid rick exterior, large windows with great natural light, long private driveway, and single car garage with existing rental income. Next to a city-owned vacant lot — extra privacy, elbow room and light. LEAD BASED PAINT TESTING COMPLETED AND PASSED. Fully rehabbed, rent-stabilized, 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. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Range, Refrigerator
- Basement: Yes
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached, Garage
- Exterior: Deck
- Architectural Style: Split Level
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $139,000
- Price/SqFt: $137
- Annual Tax Amount: $1,270
- Tax Year: 2023
- Directions: Exit 180B from I-90 E Continue on S Waterloo Rd. Take Villaview Rd to E 169th St
- Year Built: 1928
- Stories: 2
- Living Area: 1,012 SqFt
- Lot Size: 0.101 Acres
- MLS Number: 5134806
- MLS Name: NOWDD
- Office Name: Team Results Realty
- Office Email: scottamarvin@gmail.com
- Listing Agent: Scott A Marvin
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/28/2025, 6:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$139,000
1268 E 169th St
$1,651
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 13, 2024 | Home Sold | $83,640 |
Sep 12, 2023 | Home Sold | $81,000 |
Jan 13, 2020 | Home Sold | $52,500 |
Jan 13, 2020 | Home Sold | $75,000 |
Jun 22, 2018 | Home Sold | $18,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $16,390 | $1,270 |
2022 | $16,390 | $1,263 |
2021 | $16,380 | $1,251 |
2020 | $14,350 | $1,267 |
2019 | $14,350 | $1,174 |
2018 | $14,350 | $1,170 |
2017 | $13,480 | $1,139 |
History based on county public records data.
Nearby schools
4
Bella Academy of Excellence
Public Charter KG-6
1.1 mi
•19114 Bella Dr
4
Arbor Elementary School
Public District 1-5
1.8 mi
•20400 Arbor Ave
6
Chardon Hills STEM School
Public District 1-5
2.2 mi
•1455 E 260th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,299. Most Cleveland, OH residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1268 E 169th St
The listing price of 1268 E 169th St property is $139,000.
The property 1268 E 169th St is a house located in Cleveland, Ohio, 44110.
Active Listing: 1268 E 169th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1268 E 169th St are: Bella Academy of Excellence (GreatSchools Rating 4/10), Arbor Elementary School (GreatSchools Rating 4/10), Chardon Hills STEM School (GreatSchools Rating 6/10), Hannah Gibbons STEM School (GreatSchools Rating 3/10), Memorial School (GreatSchools Rating 6/10), Lakeshore Intergenerational School (GreatSchools Rating 5/10), Ginn Academy (GreatSchools Rating 3/10), Collinwood High School (GreatSchools Rating 2/10), Euclid High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,270 (source: MLS/based on county public records data).
The last sale was on March 13, 2024 for $83,640 (source: MLS/tax record).
The property at 1268 E 169th St has 2 bedrooms and 2 bathrooms.
The property 1268 E 169th St is 1,012 SqFt (source: MLS/tax record).
The year of construction for 1268 E 169th St is 1928.
This home is located at 1268 E 169th St in Cleveland, OH and zip code 44110 in the North Shore Colinwood neighborhood. This 1,012 square foot home, which was built in 1928, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $139,000.
In May 2025, from all listings sold in Cleveland, OH there were more than 345 sold above asking price, over 304 sold below and more than 106 were sold right at the asked price. The number of listings in Cleveland, OH increased by 6.8% between April and May 2025. In May 2025 median list price was $172,929 and the average listing age was 40 days.