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$110,000 Just Listed
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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.
Full Property Details
Full Property Details for 16215 Miles Ave
General
- Price: $110,000
- Taxes: $1,619 (2024)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5194111
- Updated: 3/18/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Parking
- Parking Features: No Garage, Paved
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Sorrento Park
- Driving Directions: From I-480, take the Lee Rd exit and head north. Continue on Lee Rd for approximately 2 miles, then turn right onto Miles Ave. Proceed east on Miles Ave for about 1 mile—the property will be on your right at 16215 Miles 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, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 1
- Square Feet: 980
- Living Area: 980 Sq. Ft.
- Finished Above Grnd: 980 Sq. Ft.
- Year Built: 1965
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.144
- Lot Size: .144
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,619
- Tax Year: 2024
Disclosures and Reports
- Legal Description: 82 SORR PK S/L 21 ALL 0020 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 141-05-008
Listed by Lokal Real Estate, LLC., Keyano Burgess
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Schools
Schools serving 16215 Miles Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
John F Kennedy High School 15111 Miles Avenue, Cleveland, OH 44128 | 9-12 | 0.4 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 0.8 mi |
Whitney M Young PreK-8 School 17900 Harvard Avenue, Cleveland, OH 44128 | PK-8 | 0.9 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.6 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 4.7 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.8 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.8 mi |
Adlai Stevenson School 18300 Woda Avenue, Cleveland, OH 44122 | PK-8 | 1.3 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.6 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 16215 Miles Ave
Date
Details
Price
Change
Source
3/18/2026
Listed
$110,000
-35.01%
MLS
3/28/2022
Sold
$169,246
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16215 Miles Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,619
—
$24,220
77%
2023
$1,619
54%
$13,650
—
2022
$1,052
1%
$13,650
—
2021
$1,042
1%
$13,650
17%
2020
$1,030
8%
$11,660
—
2019
$954
—
$11,660
—
2018
$951
-22%
$11,660
-19%
2017
$1,222
1%
$14,460
—
2016
$1,213
—
$14,460
—
2015
$1,212
174%
$14,460
2%
2014
$443
1%
$14,180
—
2013
$438
—
$14,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16215 Miles Ave
16215 Miles Avenue, Loveland, OH 44128 (MLS# 5194111) is a Single Family property with 3 bedrooms and 1 full bathroom. 16215 Miles Avenue is currently listed for $110,000 and was received on March 18, 2026. Want to learn more about 16215 Miles Avenue? 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.

