Property
Beds
5
Full Baths
2
1/2 Baths
None
Year Built
1915
Sq.Footage
3,058
Welcome to the Cleveland investment market! This fully occupied, turnkey duplex presents an outstanding opportunity for both seasoned and first-time investors looking to generate immediate cash flow. Currently producing $2,050 per month in rental income, this property offers strong returns with an estimated cap rate of approximately 10%+ (based on market operating assumptions), making it a valuable addition to any investment portfolio. Each unit has been well maintained and features spacious layouts, including an oversized 2-bedroom, 1-bath lower unit and an oversized 3-bedroom, 1-bath upper unit. The property showcases beautiful original woodwork in pristine condition, a rare find that adds character and long-term tenant appeal. Major capital improvements provide peace of mind for the next owner, including a full roof and sheathing replacement completed in 2025 and a rear porch roof replacement in 2024, helping minimize near-term maintenance expenses. This is truly a set-it-and-collect-rent opportunity in one of the Midwest’s strongest cash-flow markets. Don’t miss your chance to secure a performing asset — schedule your private showing today and see how YOU can start or expand your real estate investing journey!
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
2
-
Above Grade Finished Area
2050.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
Driveway, Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.113
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$199,900
-
Tax Amount
$2,927
-
Sq. Footage
3, 058
-
Price/SqFt
$65
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of Megan Gordon , Keller Williams Citywide
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AGENT
Austin Lape
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