Cleveland OH Multi Family for Sale
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 7
- Lot size:
- 0.16 Acres
- Year built:
- 1923
- Baths:
- 3.00
- MLS#:
- 5092761
ADDITIONAL INFORMATION
This fully rented triplex is currently operating as a 2-family duplex but can easily be converted back to a 3-unit property. It generates a total of $2,780 per month in rental income, with the upper unit bringing in $1,490 and the lower unit at $1,290. The property offers 7 bedrooms, 3 in the lower unit, 3 in the middle unit, and 1 in the top unit providing ample space for tenants. This is a turn-key investment opportunity! Recent improvements include a new garage door (2024), new hot water tank (2023), fresh paint in the second-floor unit (2024), side roof repair (2024), new plumbing in the basement (2023), and a new roof (2021). The property is equipped with two separate meters for gas and electric, and both units have recently passed CMHA inspections. This is a great opportunity for an investor to start earning immediately in a desirable neighborhood. Buyer to assume POS. Act fast this one won't last long!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.24 Acres
- Year built:
- 1930
- Baths:
- 2.00
- MLS#:
- 5087788
- Subdivision:
- Park Hill
ADDITIONAL INFORMATION
Unique Brick Duplex in Cleveland Heights located on a corner lot. Because of it's location on a corner lot, each unit of this duplex has it's own separate entrance facing a different corner of the street. Each unit also features three bedrooms, one bathroom, a finished attic space that can be used as a bonus room, and separate and private basements for each unit. Each unit features a spacious living room with a fireplace, a dining room, kitchen with space for a small dining set. The finished attic space is a great bonus room that can be used for anything you can imagine, including a fourth bedroom or a large office space. Each unit has it's own separate and private basement space, no need to share the laundry area! The property is located on a large corner lot with plenty of space for entertaining for each unit. This property is perfect for an investor, but would also work for an owner occupant who wants to have the additional unit pay a large part of the mortgage payment
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.15 Acres
- Year built:
- 1928
- Baths:
- 2.00
- MLS#:
- 5083473
- Subdivision:
- Walter H Telling Companys Oak
ADDITIONAL INFORMATION
Unique South Euclid double. Beautiful Tudor style construction featuring hardwood floors throughout, vaulted ceilings, unique trim and arches. Front porch and rear deck. Garage parking. Convenient location near shopping and transportation. Both units currently occupied with excellent cash flow. Professional property mangement is currently in place and is available to purchaser if needed.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.07 Acres
- Year built:
- 1919
- Baths:
- 2.00
- MLS#:
- 5042634
- Subdivision:
- Euclid 08
ADDITIONAL INFORMATION
Multi-family investment property. The property consists of 2 units. The DN unit is occupied renting for $825 per month on a 12-month lease that expires 1/31/25. The UP unit is occupied renting for $825 per month on a 12-month lease that expires 10/31/24. Each unit has 2 bedrooms and 1 full bath. Shared laundry in the basement. There is an upstairs covered balcony, and the down unit has a covered front porch. Paved driveway for parking. Great for any rental portfolio! Reach out to learn more!
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Cleveland Real Estate
The median home value in Cleveland, OH is $148,800. This is lower than the county median home value of $177,200. The national median home value is $338,100. The average price of homes sold in Cleveland, OH is $148,800. Approximately 72.33% of Cleveland homes are owned, compared to 20.97% rented, while 6.7% are vacant. Cleveland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cleveland real estate agent to arrange a tour today!
Cleveland, Ohio 44121 has a population of 21,882. Cleveland 44121 is less family-centric than the surrounding county with 20.57% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Cleveland, Ohio 44121 is $67,619. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Cleveland 44121 is 36.6 years.
Cleveland Weather
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 38.8 inches per year, with 73.2 inches of snow per year.