16713 Lotus Drive, Cleveland, OH 44128
Joseph Laronge Cos Courtland · Cuyahoga County
Key Facts
Description
Cash-flowing single-family rental opportunity in the Lee-Miles area of Cleveland, conveniently located near Shaker Heights, Beachwood, I-480, shopping, parks, and other area amenities. This 3-bedroom, 1-bath Cape Cod is currently rented for $1,135/month to a long-term month-to-month tenant. The property has been well maintained and features hardwood floors, a dimensional shingle roof, a 2023 water heater, and a modern furnace. Furnace age is unknown. The property offers plenty of upside in both rent and future valuation, and the tenant pays all utilities, creating a straightforward rental setup for the next owner. Offered at $105k, this property is priced to reflect its as-is sale and long-term investment potential. Property is tenant-occupied. Please do not disturb the tenant. Showings will be restricted until there is an accepted offer. Available individually or as part of a 3-property package. Photos prior to tenant move in.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cape Cod
Year Built
1949
Living Area
987 sq ft
Lot Size
0.15 acres
MLS® Listing#
5219466
Property Features
Cooling
Heating
Basement
Parking
Patio
Construction
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$1,723
Tax year 2025
Parcel Number
141-17-011
Directions
In between Lee Rd & E 169th
Affordability Calculator
$21,000
Estimated monthly payment
$559/mo
Principal $84,000 · Est. interest $117,187 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cleveland, OH
- 51
- Median Days on Market
- 1,829
- Median Sq Ft
- $98
- Median Price / Sq Ft
- 1,399
- Active Listings
- Its price per sq ft is 9% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cleveland, OH.
Location
Points of Interest in Cleveland, OH
Showing the Cleveland area map.
Nearby Schools
John F Kennedy High School
Secondary · 0.2 mi away
Ceogc
School · 0.3 mi away
Louis Stokes Head Start Center
School · 0.3 mi away
Invictus High School
Secondary · 0.4 mi away
Charles W Eliot School
School · 0.4 mi away
Citizens Academy Southeast
School · 0.4 mi away
Whitney M. Young PreK-8 School
Secondary · 0.5 mi away
John F Kennedy High School
Secondary · 0.6 mi away
Archbishop Lyke School
Elementary · 0.6 mi away
Adlai Stevenson Elementary School
Elementary · 0.8 mi away
Authentic Experiences
School · 0.8 mi away
Haven Child Enrichment Center
School · 0.8 mi away
Adlai E. Stevenson
Elementary · 0.9 mi away
Westwood Elementary School
Elementary · 0.9 mi away
Robert H Jamison School
Elementary · 0.9 mi away
Champions at Lomond Elementary
Elementary · 1.1 mi away
Lomond Elementary School
Elementary · 1.1 mi away
Shell's Learning Center LLC
School · 1.1 mi away
Ramah Junior Academy
Elementary · 1.1 mi away
Emile B Desauze Elementary School
Elementary · 1.2 mi away
Commute Calculator
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|---|---|---|---|---|
| 892 Wheelock Road, Cleveland, OH | $74,900 | 3 | 2 | 1,176 |
| 11619 Lenacrave Avenue, Cleveland, OH | $74,900 | 3 | 1 | 1,380 |
| 7919 Beman Avenue, Cleveland, OH | $74,900 | 2 | 1 | 910 |
| 13415 Shaker Boulevard 11H4, Cleveland, OH | $74,900 | 2 | 1 | 1,712 |
| 841 E 130 Street, Cleveland, OH | $75,000 | 3 | 1 | 1,167 |
| 10022 Adams Avenue, Cleveland, OH | $75,000 | 4 | 2 | 2,210 |
Moving Cost Estimate
EXIT Agents in Cleveland
Listing Courtesy: Keller Williams Living - 330-990-3744, michael@themagnogroup.com
Last Updated: 2026-07-08