16215 Miles AvenueCleveland, OH 44128

16215 Miles AvenueCleveland, OH 44128

1/46 Virtual Tour Fullscreen
$110,000 Active
Residential - Single Family MLS 5194111 New to the Market
3 beds 1 full baths 980 sqft
Ask a Question Make an Offer Schedule a Showing
Google Map
Get Directions

Listed By

Agency Name: Lokal Real Estate, LLC.
Agency Contact: 216-252-6580, marketing@lokalrealestate.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

IDX logo

TOUR THIS HOME

Choose a date and time to see 16215 Miles Avenue, Cleveland, OH 44128.
An agent will get in touch to confirm your request shortly.

Choose your video chat app
Request a Showing
  • Wednesday March 25
  • Thursday March 26
  • Friday March 27
  • Saturday March 28
  • Sunday March 29
  • Monday March 30
  • Tuesday March 31
  • Wednesday April 1
  • Thursday April 2
  • Friday April 3
  • Saturday April 4
  • Sunday April 5
  • Monday April 6
  • Tuesday April 7
  • Wednesday April 8
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method
Cross Country Logo

Property Description

Welcome to 16215 Miles Avenue, a turnkey investment opportunity offering immediate cash flow and long-term stability in Cleveland's east side rental market. This single-family home features 3 bedrooms and 1 bathroom, making it an ideal addition to any investor's portfolio. The property is currently occupied by a long-term tenant who has been in place since 2022, providing proven rental consistency and peace of mind for the next owner. The tenant is under lease through October 2026 and is currently paying $1,050 per month, ensuring reliable income from day one with no vacancy concerns. For investors seeking a low-maintenance, stabilized asset, this property checks all the boxes. With an established tenant, consistent payment history, and a lease secured well into the future, this is a truly hands-off investment opportunity. Whether you're a seasoned investor looking to add to your portfolio or a newer buyer seeking predictable returns, 16215 Miles Avenue offers a strong foundation for long-term success. Opportunities like this?featuring in-place cash flow and extended lease security?do not come around often. Reach out to your favorite Realtor today to learn more about this income-producing Cleveland property.

16215 Miles Avenue | MLS# 5194111

This single family home located at 16215 Miles Avenue, Cleveland, OH 44128 is currently listed for sale with an asking price of $110,000. This property was built in 1965 and has 3 bedrooms and 1 full baths with 980 sq. ft. Miles Avenue is located in the Sorrento Park subdivision within the Cleveland Municipal - 1809 school district. Search Sorrento Park real estate on 486royeravenuenw.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air, Gas
Home Style: Ranch
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 1.0
Taxes: $1,619 / year
Year Built: 1965

Feature Descriptions

Exterior: Aluminum Siding
Parcel#: 141-05-008
Parking: No Garage, Paved
Sewer: Public Sewer
Water: Public

Room Sizes

Basement: 23.3 X 12.3 Level - Basement
Bonus Room: 8.6 X 12.3 Level - Basement
Utility Room: 31.1 X 12.1 Level - Basement
Living Room: 10.1 X 13.3 Level - First
Dining Room: 7.4 X 11.5 Level - First
Kitchen: 9.4 X 11.1 Level - First
Primary Bedroom: 9.3 X 11.1 Level - First
Bedroom: 9.6 X 8.9 Level - First
Bedroom: 8.7 X 10 Level - First
Bathroom: 6.1 X 5.5 Level - First

Local Schools

School District: Cleveland Municipal - 1809

Market Trends

Cuyahoga County Residential Market Trend Graphs
  • Zip Code 44128

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for 16215 Miles Avenue, Cleveland, OH 44128
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 703.69 per month $536.69 Principal & Interest $134.92 Property Tax $32.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage
SUBMIT AN OFFERx