So I was kind of ticked that I had this quest on my list, I'm roleplaying a good character, and it seems there was no getting around completing the quest and murdering an innocent (I drew the line with Grelod, that [censored] deserved it.)
I researched getting around it, but even if you let guards kill the cultist, the misc task still appears, "Investigate the cultist"
I found no solutions online, and I think I figured out how to just cancel the quest in it's entirety.
To cancel the quest, it seems all you need to do is search the body, take the book, but DO NOT READ IT.
The misc tasks will end there, and the main quest wont start.
Throw it in a river somewhere, for the children of Skyrim to find and read.
At least you wont have innocent blood on your hands!
Just thought I'd post this, as I found no other plausible solutions online, other than who is the most evil follower to murder.