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$129,000
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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.
Full Property Details
Full Property Details for 1516 E 86th St
General
- Sold For: $129,000
- Taxes: $850 (2025)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5207415
- Added to Site: 162 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Granite Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Exterior
- Porch/Patio/Deck: Rear Porch, Porch
Parking
- Parking Features: Asphalt
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Wade Park
- Driving Directions: directly off of Wade Park Ave
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Concrete
- Roof: Asphalt, Shingle
- Windows: Double Pane Windows
- Stories/Levels: 2
- Square Feet: 1,637
- Living Area: 1,637 Sq. Ft.
- Finished Above Grnd: 1,637 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.0955
- Lot Size: .0955
- Lot Size Source: Assessor
- Fencing (Description): Back Yard
Financial Considerations
- Tax Amount: $850
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 391 SP 180 S OF WADE PK
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 106-22-018
Listed by Premier Heights Realty LLC, Joseph Skerbec
Sold by Premier Heights Realty LLC, Amelie Koski
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Schools
Schools serving 1516 E 86th St
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Daniel E Morgan School 8912 Morris Court, Cleveland, OH 44106 | PK-8 | 0.2 mi |
Wade Park 7600 Wade Park Avenue, Cleveland, OH 44103 | PK-8 | 0.3 mi |
Mary B Martin School 8200 Brookline Avenue, Cleveland, OH 44103 | PK-8 | 0.5 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 9.7 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.2 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.2 mi |
John Hay Early College High School 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 1.2 mi |
Willson School 1122 Ansel Rd, Cleveland, OH 44108 | PK-8 | 0.6 mi |
Michael R. White 975 East Boulevard, Cleveland, OH 44108 | PK-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1516 E 86th St
Date
Details
Price
Change
Source
10/15/2026
Sold
$129,000
3.2%
MLS
5/13/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1516 E 86th Street, Loveland, OH 44106 (MLS# 5207415) is a Single Family property that was sold at $129,000 on October 15, 2026. Want to learn more about 1516 E 86th Street? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

