#5131282, Peter Krusinski, Listing office: RE/MAX Above & Beyond
17005 Lipton Ave Cleveland, OH 44128
Property details
About 17005 Lipton Ave
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.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Range, Refrigerator
- Basement: Yes
- Total Bedroom Count: 5
- Attached Garage: No
- Private Pool: No
- Parking: Off Street
- Architectural Style: Conventional
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $159,000
- Price/SqFt: $88
- Annual Tax Amount: $238
- Tax Year: 2023
- Directions: I-480 W 2 hr 23 min (161 mi) Continue on Lee Rd. Drive to Lipton Ave 2 min (0.9 mi) Turn right onto Lee Rd 0.7 mi Turn right onto Lipton Ave
- Year Built: 1957
- Stories: 2
- Living Area: 1,792 SqFt
- Lot Size: 0.1469 Acres
- MLS Number: 5136101
- 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: 7/24/2025, 2:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 23, 2024 | Home Sold | $69,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $12,320 | $238 |
2022 | $12,320 | $282 |
2021 | $12,320 | $266 |
2020 | $11,310 | $221 |
2019 | $11,310 | $204 |
2018 | $11,310 | $203 |
2017 | $13,310 | $376 |
History based on county public records data.
Nearby schools
2
Smart Academy
Public Charter KG-4
1.6 mi
•4351 E 131st St
5
Lomond Elementary School
Public District KG-4
1.7 mi
•17917 Lomond Blvd
3
William Foster Elementary School
Public District PK-5
2.3 mi
•12801 Bangor Ave
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 $27,429. Residents of Cleveland, OH typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
About 17005 Lipton Ave
The listing price of 17005 Lipton Ave property is $159,000.
The property 17005 Lipton Ave is a house located in Cleveland, Ohio, 44128.
Active Listing: 17005 Lipton Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 17005 Lipton Ave are: Smart Academy (GreatSchools Rating 2/10), Lomond Elementary School (GreatSchools Rating 5/10), William Foster Elementary School (GreatSchools Rating 3/10), Citizens Academy Southeast (GreatSchools Rating 4/10), Whitney M. Young PreK-8 School (GreatSchools Rating 3/10), Robert H. Jamison Leadership Academy (GreatSchools Rating 3/10), T2 Honors Academy (GreatSchools Rating 3/10), John F. Kennedy High School (GreatSchools Rating 2/10), Warrensville Heights High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $238 (source: MLS/based on county public records data).
The last sale was on July 23, 2024 for $69,000 (source: MLS/tax record).
The property at 17005 Lipton Ave has 5 bedrooms and 2 bathrooms.
The property 17005 Lipton Ave is 1,792 SqFt (source: MLS/tax record).
The year of construction for 17005 Lipton Ave is 1957.
This home is located at 17005 Lipton Ave in Cleveland, OH and zip code 44128 in the Lee Heights neighborhood. This 1,792 square foot home, which was built in 1957, sits on a 0.15 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $159,000.
While more than 306 listings in Cleveland, OH in June 2025 were sold above asking price, there were more than 98 listings sold at asking price, and more than 335 were sold below. The inventory of homes for sale in Cleveland, OH between May and June 2025 increased by 3.7%. While the average time on the market in June 2025 was 32 days, the median list price was $173,756.