ATTENTION INVESTORS! Solid, tenant-occupied 3-bedroom, 1-bath ranch situated on a desirable corner lot with strong rental appeal and steady cash flow potential. This property offers immediate income with a tenant in place paying $1,295 per month (not section 8). The home features a practical single-level layout, making it attractive for long-term tenants, along with a full basement that provides additional storage or potential for added value. A two-car garage adds convenience and increases tenant demand, while the corner lot offers extra space and curb appeal. This is a low-maintenance, easy-to-manage asset ideal for both new and experienced investors looking to expand their portfolio. Located in an area with consistent rental demand, this property is positioned to perform from day one. Do not disturb tenant. Showings after accepted offer only. No wholesalers. No owner financing. Qualified buyers only.
Single-familyProperty Type
1954Year Built
5,680 sq ftLot Size
2 car garageParking
Listed by Adrian Frederick• Coldwell Banker Schmidt Realty
Listed by Christopher Frederick• Coldwell Banker Schmidt Realty
Lee-Seville, located between Shaker Square and the Chagrin Highlands, is a residential and commercial Cleveland neighborhood with a classic main-street corridor and leafy side streets. The neighborhood’s character concentrates along Lee Road near the Lee–Harvard intersection, where barbershops, carryouts, and longtime storefronts set a steady, everyday rhythm. Brick colonials and tidy duplexes line the blocks, with small apartment buildings mixed in near the arterials. The Lee Road Library anchors civic life with a modern, light-filled presence. Nearby green space at Zelma George Park adds courts and open lawn for a quick reset. Local staples like The Soul of Wine and the Lee Road Library give the area a grounded, community-first feel.
Provided by Walk Score and Local Logic
Offer insights
4609 Lee Rd · $95,000
$95.6K and above
75% chance or better to win
Why $95.6K+ is a strong offer
DAYS ON MARKET
117 days
The average home goes pending in 17 days.
SALE-TO-LIST
100.7%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Partially finished basement
6 total rooms
Bedrooms
3 main-level bedrooms
Bathrooms
1 full bathroom
1 half bathroom
Heating & cooling
Forced air heating
Ceiling fans
Exterior features
Yard on a 0.1304-acre lot
Home design
Single-story home
Vinyl siding
Asphalt roof
Parking
Detached garage (2 spaces)
Construction
Built (year per public records)
Vinyl siding construction
Asphalt roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Tear off and replace the roof on a single-family home and repair the steps. Remove construction debris. No structural changes are included.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cleveland, OH • 44128
Average low and high temperatures (°F)
29
17
36
22
55
35
63
44
67
51
80
63
84
68
79
63
77
59
65
48
50
38
38
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4609 Lee Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $40,000 and $117,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $40K to $117K.