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$150,000 Just Listed
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Property Description
Attention Investors!!! This One Does the Math for You. Cleveland ranked first among the 40 largest U.S. markets in home price growth in 2025, while still being the most affordable. Strong rental demand and rising rents make this the right market, and this property delivers the returns. Located in Cleveland's established Lee-Miles corridor under 15 minutes from both Cleveland Clinic and University Hospitals, two of the largest employers in Northeast Ohio, this property sits in the heart of consistent rental demand driven by thousands of healthcare workers seeking quality affordable housing close to work. Two updated studio units are currently leased at $700 each through May 2027. The third upper unit is vacant and rent-ready, with neighborhood demand supporting up to $1,200 per month, bringing potential gross monthly income to $2,600 at an incredibly affordable price point. All three units feature new windows, updated baths, and new flooring. All three furnaces are under 5 years old and the roof is new. Both main floor units have private basement access with washer and dryer hookups. The upper unit includes its own in-unit washer and dryer. Tenants pay electric and the owner covers only water and sewer. On site parking is available for convenience. Fully updated, income producing and priced to move. Schedule your showing today.
Full Property Details
Full Property Details for 4106 Lee Rd
General
- Price: $150,000
- Taxes: $3,320 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5209153
- Updated: 5/12/2026
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Driveway, On Site
Location
- County: Cuyahoga
- Township: Cleveland
- Subdivision: Leeh Square
- Driving Directions: South of Chagrin and North of Miles
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
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Year Built: 1946
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.0624
- Lot Size: .0624
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $3,320
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: 72 LEEH SQ 0091 EP
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 141-09-099
Listed by McDowell Homes Real Estate Services, Theresa M Seese
Get Pre-Approved Today
Schools
Schools serving 4106 Lee Rd
School District:Cleveland Municipal School District
| Name | Grades | Distance |
|---|---|---|
Whitney M Young PreK-8 School 17900 Harvard Avenue, Cleveland, OH 44128 | PK-8 | 0.6 mi |
John F Kennedy High School 15111 Miles Avenue, Cleveland, OH 44128 | 9-12 | 0.6 mi |
Robert H Jamison School 4092 East 146th Street, Cleveland, OH 44128 | PK-8 | 0.8 mi |
John Marshall School of Information Technology 3952 West 140th Street, Cleveland, OH 44111 | 9-12 | 11.8 mi |
Cleveland School Of The Arts High School 2064 Stearns Road, Cleveland, OH 44106 | 9-12 | 4.3 mi |
John Hay School Of Science & Medicine 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.4 mi |
John Hay School Of Architecture & Design 2075 Stokes Boulevard, Cleveland, OH 44106 | 9-12 | 4.4 mi |
Adlai Stevenson School 18300 Woda Avenue, Cleveland, OH 44122 | PK-8 | 0.9 mi |
Andrew J Rickoff 3500 East 147th Street, Cleveland, OH 44120 | PK-8 | 1.3 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 4106 Lee Rd
Date
Details
Price
Change
Source
5/12/2026
Listed
$150,000
172.73%
MLS
5/29/2024
Sold
$55,000
—
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 4106 Lee Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,326
—
$32,095
—
2024
$3,313
—
$32,100
-1%
2023
$3,313
-2%
$32,420
—
2022
$3,395
5%
$32,420
—
2021
$3,243
6%
$32,410
10%
2020
$3,064
6%
$29,470
—
2019
$2,884
3%
$29,470
—
2018
$2,813
-21%
$29,470
-16%
2017
$3,555
—
$35,000
—
2016
$3,556
—
$35,000
—
2015
$3,565
-19%
$35,000
-20%
2014
$4,403
129%
$43,750
126%
2013
$1,922
—
$19,390
—
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 4106 Lee Rd
4106 Lee Road, Loveland, OH 44128 (MLS# 5209153) is a Triplex property with 5 bedrooms and 3 full bathrooms. 4106 Lee Road is currently listed for $150,000 and was received on May 12, 2026. Want to learn more about 4106 Lee Road? Do you have questions about finding other Triplex real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

