17005 Lipton Avenue
Cleveland, OH, 44128 $ 159,000
Bedrooms5 Baths2.0 Sq 912 Monthly Estimate*
$ 992
for $159,000 with 5 bedrooms and 2 full baths. This 912 square foot home was built in 1957 on a lot size of 0.1469.
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.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Negotiable
Roof Shingle
Appliances Range Refrigerator
Architectural Style Conventional
Construction Materials Brick
Year Built 1957
Stories Count 2
Township Cleveland
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Cuyahoga
Property Type Residential
HOA false
Attached Garage false
Subdivision Name William J Langs Lee Heights
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
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
City Cleveland
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 730
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description 83 LEEHTS 0194 ALL
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InteriorBasement Full
Total Fireplaces 0
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Above Grade Finished Area 912
Half Baths 0
Total Bedrooms 5
Below Grade Finished Area 880
Main Level Bedrooms 3
Main Level Bathrooms 1
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Assessor
Total Baths 2
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ExteriorParking Features Off Street
Water Source Public
Lot Size Area 0.1469
Foundation Details Block
Lot Size Acres 0.1469
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded FeaturesList ByScott A MarvinListing Agent
Team Results RealtyBroker
teamresultsohio@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $992
- Monthly Property Taxes
- $61
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cleveland, OH
Average List Price $160,473
Percent of Sale Price 1%
About Cleveland, OH 372,504 Population
-22% Since 2002
$ 27,719 Median Income
37.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457981 Elementary School
4457986 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/29/2025 | $159,000 | | Listed Price |