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  • $88,000

    16215 Miles Ave, Cleveland, OH 44128

    3beds
    980sqft
    Single Family Residence
    Built in 1965
    6,272 Square Feet Lot
    $88,100 Zestimate®
    $90/sqft
    $1,478 Estimated rent

    Home value

    $88,100

    $84,000 - $93,000

    $1,478/mo

    Zestimate® history
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    $513/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keyano Burgess 216-252-6580 marketing@lokalrealestate.com,

    Lokal Real Estate, LLC.

    Bought with:

    Shannon N Smith, 2022000937

    Fathom Realty

    Source: MLS Now,MLS#: 5194111MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Level: First
    • Dimensions: 9.3 x 11.1
    Bedroom
    • Level: First
    • Dimensions: 8.7 x 10
    Bedroom
    • Level: First
    • Dimensions: 9.6 x 8.9
    Bathroom
    • Level: First
    • Dimensions: 6.1 x 5.5
    Basement
    • Level: Basement
    • Dimensions: 23.3 x 12.3
    Bonus room
    • Level: Basement
    • Dimensions: 8.6 x 12.3
    Dining room
    • Level: First
    • Dimensions: 7.4 x 11.5
    Kitchen
    • Level: First
    • Dimensions: 9.4 x 11.1
    Living room
    • Level: First
    • Dimensions: 10.1 x 13.3
    Utility room
    • Level: Basement
    • Dimensions: 31.1 x 12.1
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 980
    • Total interior livable area: 980 sqft
    • Finished area above ground: 980

    Property

    Parking
    • Parking features: No Garage, Paved
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,272 Square Feet
    Details
    • Parcel number: 14105008

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Sorrento Park
    HOA
    • Has HOA: No
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $90/sqft
    • Tax assessed value: $69,200
    • Annual tax amount: $1,619
    • Date on market: 6/30/2026
    • Cumulative days on market: 69 days

    Price history

    DateEventPrice
    6/30/2026Sold$88,000-7.4%$90/sqft
    Source: MLS Now #5194111 Report a problem
    5/26/2026Pending sale$95,000$97/sqft
    Source: MLS Now #5194111 Report a problem
    4/24/2026Price change$95,000-9.5%$97/sqft
    Source: MLS Now #5194111 Report a problem
    3/27/2026Price change$105,000-4.5%$107/sqft
    Source: MLS Now #5194111 Report a problem
    3/18/2026Listed for sale$110,000+182.1%$112/sqft
    Source: MLS Now #5194111 Report a problem
    8/19/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    7/29/2022Listed for rent$1,000$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    6/25/2021Sold$39,000-13.3%$40/sqft
    Source: Public Record Report a problem
    4/28/2021Price change$45,000-10%$46/sqft
    Source: MLS Now #4274438 Report a problem
    3/24/2021Price change$50,000+11.1%$51/sqft
    Source: Owner Report a problem
    3/17/2021Listed for sale$45,000+15.4%$46/sqft
    Source: Owner Report a problem
    5/19/2020Listing removed$39,000$40/sqft
    Source: Owner Report a problem
    2/12/2020Price change$39,000+11.4%$40/sqft
    Source: Owner Report a problem
    11/12/2019Listed for sale$35,000+75.9%$36/sqft
    Source: Owner Report a problem
    3/7/2018Listing removed$19,900$20/sqft
    Source: Russell Real Estate Services #3963230 Report a problem
    3/7/2018Listed for sale$19,900+32.7%$20/sqft
    Source: Russell Real Estate Services #3963230 Report a problem
    3/1/2018Sold$15,000-24.6%$15/sqft
    Source: MLS Now #3963230 Report a problem
    2/6/2018Pending sale$19,900$20/sqft
    Source: Russell Real Estate Services #3963230 Report a problem
    12/26/2017Listed for sale$19,900+126.1%$20/sqft
    Source: Russell Real Estate Services #3963230 Report a problem
    7/7/2017Sold$8,800-79.4%$9/sqft
    Source: Public Record Report a problem
    3/28/2017Listing removed$42,706$44/sqft
    Source: Auction.com Report a problem
    3/25/2017Listed for sale--
    Source: Auction.com Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,620 +0%$24,220
    2024$1,619 +53%$24,220 +77.4%
    2023$1,058 +0.6%$13,650
    2022$1,052 +0.9%$13,650
    2021$1,042 +1.2%$13,650 +17.1%
    2020$1,030 -45.9%$11,660
    2019$1,905 +100.3%$11,660
    2018$951 -22.2%$11,660 -19.4%
    2017$1,223 +0.8%$14,460
    2016$1,212 $14,460
    2015$1,212 +171.9%$14,460 +2%
    2014$446 +1.8%$14,180
    2013$438 +3.1%$14,180
    2012$425 -32.7%$14,180 -28.7%
    2011$632 +0.3%$19,880
    2010$630 +915.1%$19,880
    2009$62 -91.4%$19,880 -12.1%
    2008$718 +6.1%$22,610
    2007$676 +0.2%$22,610
    2006$675 -39.2%$22,610 +7.5%
    2005$1,110 +1.3%$21,040
    2004$1,096 +1.2%$21,040
    2003$1,084 +3.8%$21,040 +2.9%
    2002$1,044 -47.7%$20,440
    2001$1,997 +4.5%$20,440
    2000$1,911 $20,440
    Find assessor info on the county website

    Neighborhood: Lee Miles

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Cleveland Municipal - 1809

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $88,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $88,100