All Forum Posts by: Elliott Hord

This is definitely one of the better rental sections in the Cleveland area when you consider property stock and cost coupled with rental demand and  desirability of tenants.  The Lee-Miles area aka the Lee-Harvard area has a lot of mid 20th century built colonials and bungalows and the area remains heavily owner-occupied.  The fact that so many of the homes are owner occupied gives the neighborhood a nicer and safe ambience.  People care about their homes and their yards and tend to be vigilant in keeping rougher elements out.  Assuming the houses you are considering are fairly well kept, you should be able to do well over time.  Best of luck!

Hey Elliot, I do a lot of leasing work in and around Lee-Miles and can say that there are parts to avoid. In particular the top left corner of Lee-Miles that borders Mt. Pleasant is the worst of them. Some of the areas near Maple Heights and Warrensville Heights have been quite good for our clients as of recently and rents can be over $1300. It is street by street in this area though, you would be surprised how much of a difference one street can make. 

I manage a number of single families in that area and those properties tend to do well.  Make sure to work with someone who deals with City of Cleveland properties because there are some local ordinances that you would want to make sure you are up to date with.  If you need some realtor referrals let me know.  

Hi Elliott,

I'm from Cleveland, Ohio, born and raised, now living in Texas, but visit family there. The Lee -Miles areas is about a C- area. I too am looking to investing in my hometown, there are many good deals there, if you would like to JV or work together, I'd be happy to discuss further dynamics of the city.