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$148,000
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Property Description
ATTENTION INVESTORS: TURNKEY HUGE CASH COW IN PRIME LOCATION - $2,043/MO, CMHA SECTION 8! Fully rehabbed, completely remodeled, this turnkey single-family rental is currently bringing in $2,043/mo ($1,943 from CMHA--Excellent 95% split!). Stable, happy, cooperative tenant in place under CMHA Section 8, with massive government-backed income! Massive rents, huge cash flow, excellent DSCR ratio! Located on an excellent, high-demand and quiet street, this asset delivers Maple Heights-level rents and demand, but with low Cleveland taxes, boosting yield. Homes here rent quickly and remain occupied long-term. MAJOR CAPEX COMPLETED! Interior was fully remodeled: brand-new kitchen cabinets, countertops and faucets, updated bathroom, refinished basement, new lighting throughout, new kitchen tile flooring, and BRAND NEW LOW-E WINDOWS (dual-pane energy-efficient vinyl windows) throughout. Modern, low-maintenance, and a long-term CapEx saver. LEAD BASED PAINT CERTIFIED! Lead-based paint testing completed and passed, and the property is Cleveland Lead-Safe certified in compliance with city requirements . Reports are available upon request. Fully rehabbed, rent-stabilized, quality remodel, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO - INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. Showings after accepted offer.
Full Property Details
Full Property Details for 17005 Lipton Ave
General
- Sold For: $148,000
- Taxes: $730 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5136101
- Added to Site: 141 day(s) ago
Interior
- Number of Rooms: 9
- Appliances: Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 3
Parking
- Parking Features: Off Street
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: William J Langs Lee Heights
- Driving Directions: I-480 W 2 hr 23 min (161 mi) Continue on Lee Rd. Drive to Lipton Ave 2 min (0.9 mi) Turn right onto Lee Rd 0.7 mi Turn right onto Lipton 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: Conventional
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Windows: Double Pane Windows
- Stories/Levels: 2
- Square Feet: 1,792
- Living Area: 1,792 Sq. Ft.
- Finished Above Grnd: 912 Sq. Ft.
- Finished Below Grnd: 880 Sq. Ft.
- Year Built: 1957
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1469
- Lot Size: .1469
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $730
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 83 LEEHTS 0194 ALL
- Property ID: 143-14-034
Listed by Team Results Realty, Scott A Marvin
Sold by Coldwell Banker Schmidt Realty, Chloe Vugrinovich
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Schools
Schools serving 17005 Lipton Ave
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 1.3 mi |
Adlai Stevenson School 18300 Woda Avenue, Cleveland, OH 44122 | PK-8 | 1.4 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 2.1 mi |
Charles Dickens School 13013 Corlett Ave, Cleveland, OH 44105 | PK-8 | 2.1 mi |
Nathan Hale School 3588 Martin Luther King Junior Drive, Cleveland, OH 44105 | PK-8 | 3 mi |
Miles Park School 4090 East 93rd Street, Cleveland, OH 44105 | PK-8 | 3.3 mi |
Harvey Rice Elementary School 2730 East 116th, Cleveland, OH 44120 | PK-8 | 4.1 mi |
Sunbeam 11731 Mount Overlook Avenue, Cleveland, OH 44120 | PK-8 | 4.3 mi |
Anton Grdina 2955 East 71st Street, Cleveland, OH 44104 | PK-8 | 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 17005 Lipton Ave
Date
Details
Price
Change
Source
2/05/2026
Sold
$148,000
-6.92%
MLS
10/16/2025
Listed
$159,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
17005 Lipton Avenue, Loveland, OH 44128 (MLS# 5136101) is a Single Family property that was sold at $148,000 on February 05, 2026. Want to learn more about 17005 Lipton 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.

