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$119,000
Est. payment /mo
4 Beds
2 Baths
2,641 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,641 sqft
Price per Sqft $45
Subdivision Johnson Realty Companys
MLS Listing ID 5177038
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,765
Year Built 1920
Annual Tax Amount $1,105
Tax Year 2024
Lot Size 5,248 Sqft
Acres 0.1205
Property Sub-Type Duplex
Property Description
Fully renovated duplex offering strong in-place income with immediate upside. This property has been completely updated with new furnaces, new roof, new windows, updated flooring, fresh paint, modern kitchens, and renovated bathrooms. The home is Lead Certified, providing added flexibility for EDAN or Section 8 tenancy. The lower two-bedroom unit is occupied by a long-term EDAN tenant at $800/month with approximately three years remaining, while the upper two-bedroom unit is vacant and rent-ready. Market rent supports at least $950/month, with higher potential through Section 8 placement. Conveniently located near University Circle, offering easy access to shops, restaurants, colleges, museums, and major employers, including close proximity to the Cleveland Clinic—making this an attractive option for traveling nurses, healthcare professionals, and college students. A true turnkey duplex with stable income today and clear opportunity to increase cash flow with minimal effort.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Window Features Double Pane Windows
Laundry In Basement
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Lot Description Back Yard
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 128-12-046
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Listed by Erin Thomas • Keller Williams Living • Erinthomas@kwcommercial.com, 440-670-2300