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17005 Lipton Avenue

Cleveland, OH 44128

5 beds
2 baths
1,792 sqft
$88 per sqft
1957 build
– on site

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.

Listing courtesy of MLS_NOW / Team Results Realty

Last checked: Checking… • Last updated Jul 1, 2025 •

MLS# 5136101 —

The Building

Year Built:

1957
Year Built Source:

PublicRecords
Construction Materials:

Brick
Architectural Style:

Conventional
Roof:

Shingle
Foundation:

Block
Levels:

Two
Stories:

2
Stories Total:

2
Basement:

Full
Basement:

true
Window Features:

DoublePaneWindows
Above Grade Finished Area:

912.0
Above Grade Finished Area Source:

Assessor
Below Grade Finished Area:

880.0
Below Grade Finished Area Source:

Owner

Interior

Rooms Total:

9
Fireplace:

false

Room Dimensions

Living Area:

1792.0
Living Area Units:

SquareFeet

Financial & Terms

Possession:

Negotiable

Location

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
Longitude:

-81.560653
Latitude:

41.435866

The Property

Property Type:

Residential
Property Subtype:

SingleFamilyResidence
Property Subtype Additional:

SingleFamilyResidence
Parcel Number:

143-14-034
Lot Size Acres:

0.1469
Lot Size Area:

0.1469
Lot Size Units:

Acres
Lot Size Source:

Assessor
Waterfront:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

83 LEEHTS 0194 ALL
Tax Annual Amount:

$730

Beds

Bedrooms Total:

5
Main Level Bedrooms:

3

Baths

Total Baths:

2
Full Baths:

2
Main Level Baths:

1

The Listing

Home Warranty:

false
Special Listing Conditions:

Standard
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/17005-Lipton-Avenue-Cleveland-OH-44128/unbranded

Heating & Cooling

Heating:

ForcedAir,Gas
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Range,Refrigerator

Schools

Elementary School District:

Cleveland Municipal - 1809
Middle School District:

Cleveland Municipal - 1809
High School District:

Cleveland Municipal - 1809

The Community

Subdivision Name:

William J Langs Lee Heights
Association:

false
Pool Private:

false

Parking

Parking Features:

OffStreet
Garage:

false
Attached Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$159,000

Expense	Monthly cost
Mortgage	$851
Taxes	$60
Insurance	$43
Utilities	$155 See report
Total	$1,109/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
7/1/25 Jul 1, 2025	Listed / Active	MLS_NOW	$159,000

39% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $5k above asking price on average, but some went as high as $23k over asking price.

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This house located in Lee - Miles, Cleveland, OH 44128 is currently for sale for $159,000. 17005 Lipton Avenue is a 1,792 square foot house with 5 beds and 2 baths that has been on Estately for 0 days. 17005 Lipton Avenue is in the Lee - Miles neighborhood of Cleveland and has a WalkScore® of 25, making it car-dependent. This house is in the attendance area of Nathan Hale School, Joseph M. Gallagher School, Walton School, Denison K-8 School, Daniel E. Morgan School, Scranton School, Max S. Hayes High School, Mary M. Bethune K-8 School, East Technical High School, and Thomas Jefferson International Newcomers Academy.

Listing Courtesy of: MLS_NOW and Team Results Realty.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.