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$136,500
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Property Description
Here's your opportunity to become a real estate investor overnight! Step right into a hands-off investment with guaranteed income from day one! This fully updated bungalow in Cleveland offers 3 bedrooms, 1 bathroom, and 987 sq ft of modernized living space. Currently leased at $1,300/month through 05/31/2026, it provides stable, long-term cash flow with a tenant already in place! Inside, enjoy fresh paint throughout, vinyl windows, and a bright layout with new luxury vinyl plank flooring! The kitchen shines with brand-new cabinetry, granite countertops, and modern finishes! The bathroom has been completely updated with a tiled tub surround, new vanity, new fixtures, and new toilets! Upstairs, you'll find newly carpeted bedrooms, while the finished basement with LVP flooring offers extra living or storage space! Major updates include a new hot water tank, furnace, updated electrical panel, and central air conditioning, giving you comfort and peace of mind for years to come! Located in Cleveland, Ohio, this property is surrounded by residential charm with the convenience of nearby schools, local businesses, and a variety of parks and green spaces perfect for outdoor activities! Plus, quick highway access makes commuting to downtown Cleveland a breeze! Professional management is in place and willing to stay on! Full-service management includes dedicated departments for leasing, marketing, and tenant communication. Plus, rehab and construction services are available for remote investors, making this a truly hands-off investment! Don't miss out on this cash-flowing opportunity - reach out to learn more!
Full Property Details
Full Property Details for 16902 Lotus Dr
General
- Sold For: $136,500
- Taxes: $1,624 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5159043
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 6
- Appliances: Dishwasher, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 2
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached, Garage
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Courtland Heights
- Driving Directions: Off of Lee Rd, between Holly Hill Dr and Judson Dr
School Information
- Elem School District: Cleveland Municipal - 1809
- Midd School District: Cleveland Municipal - 1809
- High School District: Cleveland Municipal - 1809
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Bungalow
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Finished
- Roof: Asphalt, Shingle
- Stories/Levels: 2
- Square Feet: 1,170
- Living Area: 1,170 Sq. Ft.
- Finished Above Grnd: 1,170 Sq. Ft.
- Year Built: 1947
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1519
- Lot Size: .1519
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,624
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: 73 CORTHTS 0095 ALL
- Disclosures/Rstr.: Owner Is Listing Agent, Principal is Real Estate Licensed
- Property ID: 141-18-034
Listed and Sold by RE/MAX Haven Realty, Michael Azzam
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Schools
Schools serving 16902 Lotus Dr
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Adlai Stevenson School 18300 Woda Avenue, Cleveland, OH 44122 | PK-8 | 0.9 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 1 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.5 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 1.7 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 2.6 mi |
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 3.1 mi |
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 3.5 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 3.7 mi |
Bolton 9803 Quebec Avenue, Cleveland, OH 44106 | PK-8 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16902 Lotus Dr
Date
Details
Price
Change
Source
11/26/2025
Sold
$136,500
-2.43%
MLS
10/16/2025
Listed
$139,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16902 Lotus Drive, Loveland, OH 44128 (MLS# 5159043) is a Single Family property that was sold at $136,500 on November 26, 2025. Want to learn more about 16902 Lotus Drive? 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.

