Listed By:
Premier Heights Realty LLC
Address
1516 E 86th Street, Cleveland, OH
Price
$ 125,000
Property Attributes
  • MLS#5207415
  • TypeSingle Family
  • Listing Status Contingent
  • CountyCuyahoga
  • CityCleveland
  • NeighborhoodWade Park
  • Zip44106
  • Style
  • Year Built1900
  • Taxes$ 850
  • Price$ 125,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1637
  • Lot Size0.0955 Acres
Data Source:
MLSNow
Property Description

A great opportunity for this 3 bedroom, 1.5 bath home featuring a practical, functional layout that appeals to both owner occupants and investors. The property has a potential $2113 per month rent according to the CMHA determination, for a possible $25,000 in gross annual rents. Its prime location near Downtown Cleveland, University Circle, major hospitals, and key amenities offer excellent rental potential and long term upside in an area experiencing steady growth and redevelopment. The updated kitchen includes granite countertops and stainless steel appliances, complemented by newer vinyl windows throughout. The main level offers a convenient half bathroom and a flexible room that could be converted into an additional bedroom. Upstairs, three generously sized bedrooms and a renovated bathroom provide comfortable living space for families or tenants. Situated within the ongoing revitalization of the Wade Park area, offering easy access to parks, cultural institutions, and transportation.

Price History
5/13/2026 Listed $125,000

General Features

Sewer PublicSewer
Heating ForcedAir
Cooling None
Possession DeliveryOfDeed
Roof Asphalt,Shingle
Appliances Dishwasher,Range,Refrigerator
Patio/Porch Features RearPorch,Porch
Architectural Style Colonial
Construction Materials WoodSiding
Year Built 1900
Stories Count 2
Township Cleveland
Levels Two
Property Subtype SingleFamilyResidence
Tax Year 2025
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Contingency Inspections
Subdivision Name Wade Park
Garage Y/N false
Total Rooms 7
Full Baths 1
Status Contingent
Directions directly off of Wade Park Ave
ModificationTimestamp 2026-05-28T12:39:09.617-00:00
City Cleveland
Disclosures PrincipalIsRealEstateLicensed
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 850
Home Warranty Y/N false
Living Area Units SquareFeet
Standard Status ActiveUnderContract
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional SingleFamilyResidence
PostalCity CLEVELAND
Legal Description 391 SP 180 S OF WADE PK

Interior Features

Interior Amenities GraniteCounters
Basement Concrete
Total Fireplaces 1
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features DoublePaneWindows
Fireplace Y/N true
Above Grade Finished Area 1637
Half Baths 1
Laundry Features WasherHookup,ElectricDryerHookup
Total Bedrooms 3
Main Level Bathrooms 1
Above Grade Finished Area Source PublicRecords
Total Baths 2

Exterior Features

Fencing BackYard
Parking Features Asphalt
Water Source Public
Lot Size Area 0.0955
Lot Size Acres 0.0955
Lot Size Source Assessor
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 44106

Price
AVG $370K
$130K
Taxes
AVG $5,434
$850
Year Built
AVG 1945
1900