$125,000
 $832 est/mo Sourced by Back At You

1516 E 86th Street,Cleveland, OH 44106

Cleveland, OH 44106

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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.

Details

MLS #5207415
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusContingent
Year1900
Days On Site104
Listing Provided ByPremier Heights Realty LLC | Joseph Skerbec

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,637
BasementY
Story(s)2
Acreage0.10

Parking

Garage Yes / NoNo
Parking FeaturesAsphalt

Taxes

Tax Annual Amount850

Area Information

StateOH
CountyCuyahoga
CityCleveland
Zip Code44106
Community NameWade Park
Listing VS Median (in Wade Park)
Price:
$125,000
low | high
Med:
$125,000
50% of Average
sqft:
1,637
low | high
Med:
1,637
50% of Average
$ / sqft:
$76
low | high
Med:
$76
50% of Average
On site:
104
low | high
Med:
104
100% of Average
Sourced by Back At You

Market Activity 44106

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Learn More About This Property

StateOH
CountyCuyahoga
CityCleveland
Zip Code44106
Community NameWade Park
Listing VS Median (in Wade Park)
Price:
$125,000
low | high
Med:
$125,000
50% of Average
sqft:
1,637
low | high
Med:
1,637
50% of Average
$ / sqft:
$76
low | high
Med:
$76
50% of Average
On site:
104
low | high
Med:
104
100% of Average
Sourced by Back At You
Listing Updated: August 6, 2026 at 6:27:01 PM PDT