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$299,900
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Property Description
INVESTMENT OPPORTUNITY - Fully occupied Cleveland Heights single-family rental offered at $299,900 with a long-term lease and built-in rent growth already in place. Current rent is $2,730/month ($32,760 annually), increasing to $2,870/month in April 2027 and $3,015/month in April 2028. Current lease term extends through April 18, 2029. 1659 Lee Rd offers 6 bedrooms, 2 full baths and more than 2800 square feet of living space. The spacious floor plan features hardwood floors, a large living room, formal dining room, updated kitchen with ample cabinet and counter space, six bedrooms and two full baths. Tenants are responsible for utilities, lawn care and snow removal. Conveniently located near shopping, dining, parks and other Cleveland Heights amenities. An opportunity to acquire an established income-producing single-family rental with scheduled rent growth already in place.
Full Property Details
Full Property Details for 1659 Lee Rd
General
- Price: $299,900
- Taxes: $5,772 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5233889
- Updated: 8/13/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland Heights
- Subdivision: Charles A Post Uplands Sub
- Driving Directions: From Mayfield Rd (US-322), head south on Lee Rd and continue to 1659 Lee Rd. The property will be on the left.
School Information
- Elem School District: Cleveland Hts-Univer - 1810
- Midd School District: Cleveland Hts-Univer - 1810
- High School District: Cleveland Hts-Univer - 1810
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt
- Square Feet: 2,870
- Living Area: 2,870 Sq. Ft.
- Finished Above Grnd: 2,040 Sq. Ft.
- Finished Below Grnd: 830 Sq. Ft.
- Year Built: 1915
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1814
- Lot Size: .1814
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $5,772
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 48 UPLANDS &S/L12 NP 0011 SP
- Property ID: 684-32-015
Listed by Keller Williams Greater Metropolitan, Jeffrey J Wang
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Schools
Schools serving 1659 Lee Rd
School District:Cleveland Heights-University Heights City School District
| Name | Grades | Distance |
|---|---|---|
Boulevard Elementary School, Cleveland Heights, OH 1749 Lee Road, Cleveland Heights, OH 44118 | K-5 | 0.2 mi |
Monticello Middle School 3665 Monticello Boulevard, Cleveland Heights, OH 44121 | 6-8 | 1.5 mi |
Cleveland Heights High School 13263 Cedar Road, Cleveland Heights, OH 44118 | 9-12 | 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 1659 Lee Rd
Date
Details
Price
Change
Source
8/11/2026
Listed
$299,900
97.3%
MLS
3/14/2024
Sold
$152,000
—
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 1659 Lee Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,772
5%
$64,715
—
2024
$5,514
-2%
$64,720
53%
2023
$5,616
-8%
$42,210
—
2022
$6,131
28%
$42,210
—
2021
$4,776
19%
$42,210
24%
2020
$4,006
-5%
$34,060
—
2019
$4,225
9%
$34,060
—
2018
$3,888
9%
$34,060
17%
2017
$3,574
—
$29,060
—
2016
$3,568
9%
$29,060
—
2015
$3,288
-5%
$29,060
-7%
2014
$3,444
4%
$31,220
—
2013
$3,299
—
$31,220
—
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 1659 Lee Rd
1659 Lee Road, Loveland, OH 44118 (MLS# 5233889) is a Single Family property with 6 bedrooms and 2 full bathrooms. 1659 Lee Road is currently listed for $299,900 and was received on August 11, 2026. Want to learn more about 1659 Lee Road? 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.

