Welcome to this great income producing duplex only 14 minutes to Downtown Cleveland. This is the ideal multifamily investment with separate gas and electric meters allowing the tenants to pay for the utilities. Both units are 2 beds and 1 bath and very spacious with just over 1,000 sqft in each apartment. All units equipped with refrigerators and stoves. Major improvements include: exterior vinyl siding, updated vinyl windows, 2 updated electric panels, UP unit furnace (8 years old), H2O tank (4 years old), updated electrical wiring and 2 updated electric panels, plumbing in basement replaced with PVC, gloss block windows, and more! Close to the freeway for easy access. Great cash flow and easy to maintain. Both tenants have occupied the property for many years and rents are way below market. Market rent on each unit is $800/mo. This property will not disappoint. Available for review is: a Rent Roll and P&L.
Opportunity knocks in Ohio City! Three units in two structures on a very large lot in SoLo. COMPLETE REHAB NEEDED! This is not a property for the light at heart, but also presents so many options. 1) Rehab all three units for a great income producing property. 2) Tear down the fire damaged home rehab the other and add a garage and more yard space. 3) Start over and build new on this large 49 x 100 lot! 4) Your idea here. Great location just off the Redline Greenway and I-90. Walk to all of the shops in the rapidly growing Lorain Ave business district including Juneberry Table, Proof Barbeque and Goldies Donuts. Or head to the Market District with all of its restaurants and breweries. Easy access to downtown, University Circle, Tremont, Steelyard Commons and Gordon Square. Area of much new construction and rehabilitation.
Great opportunity to own a multi-family, duplex in the North Collinwood * Each unit includes two spacious bedrooms with ample closet space, one full bath, living room, dining room, and a nice sized kitchen with access to a back porch * Both units have UPDATED bathrooms, NEW vinyl flooring throughout, and fresh paint * 3rd floor is VERY spacious with two rooms - could be a 5th bedroom + office/family room * Other updates include: * some NEWER windows * UPDATED plumping and HVAC * Located in the Waterloo Art District neighborhood * Basement includes washer/dryer hookups * Many art-making spaces, music stores, galleries, restaurants, shops, parks and much more nearby * A short drive to downtown Cleveland makes this the perfect location * A must see! Seller is selling AS-IS, will make no repairs. Buyer to do due diligence.
Spacious Up/Down Duplex ready to generate potential income. Two bedroom, one bath units on each level with a shared 950 sq ft basement. Adjacent lot included. Rent separately or as one, 4-bedroom, 2-bath property. Large rooms and functional layouts. Enclosed upper porch adds space to the upper unit. Updated electric 2006. Separate utilities. Access to third floor. Easy access to downtown. Affordable living or great addition to a real estate portfolio.
Discover an exceptional investment opportunity with this nearly complete 4-unit multi-family property, offering modern amenities and strong cash flow potential. Each unit features updated kitchens and baths, luxury vinyl flooring, and freshly painted interiors. The property has newer electric panel boxes, new plumbing and newer hot water tanks. Enjoy the outdoor space with front and upper porches. This property is perfect for the investor or owner occupant looking to generate cash flow or live in one unit and rent out the others. With minimal work required to finish, this property can be a great home or excellent chance to jump start your real estate cash flow potential. Don’t miss this opportunity to own a property that combines style, comfort, and practicality!
Duplex property... Investors! Upgraded Two unit house is a cash flowing machine! Gross rent of $1,700/month or $20,400/year, for a 14% ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 14% ROI
Opportunity Awaits With This Fantastic Investment Property!! This Charming 4-Plex provides INSTANT CASH FLOW in a Prime Location!! Close to DT Cleveland, Expressways, Lake Erie, Asia Town, Local Eateries & More! All 4 units provide a nice floor plan w/ large kitchen, 2 bedrooms and 1 full bath. Long term tenant upstairs at $550 per month, Downstairs tenant at $750. Vacant units have fresh paint and flooring, & downstairs unit has a front porch and side porch! Street parking, fenced in yard. Roof 10 years, newer windows throughout, furnace serviced yearly, hotwater tank 5 yrs. This property is a great addition to any savvy investors portfolio! Don’t wait- schedule your private showing today!!
Duplex property... Investors! Upgraded Two unit house is a cash flowing machine! Gross rent of $2,900/month or $34,800/year, for a 18% ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 18% ROI
Duplex property... Investors! Upgraded Two unit house is a cash flowing machine! Gross rent of $1,700/month or $20,400/year, for a 13%ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & UniversityCircle. Amazing opportunity to just collect rents! 17% ROI
Triplex property... Investors! Upgraded Three unit house is a cash flowing machine! Gross rent of $2,450/month or $29,400/year, for a 16%ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & UniversityCircle. Amazing opportunity to just collect rents! 16% ROI
Duplex property... Investors! Upgraded Two unit house is a cash flowing machine! Gross rent of $1,700/month or $20,400/year, for a 16%ROI, Brand new Furnaces and Hot water tanks. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & UniversityCircle. Amazing opportunity to just collect rents! 17% ROI
Newly remodeled home on the westside of Cleveland. Perfect location, 1 minute away from I90 highway, tons of shopping and eateries. Everything is new from top to bottom. New roof, hot water tank, furnace, siding, floors, plumbing, electrical, and much more. Both units are updated. The back unit is tenant occupied on month to month paying $950 in rent. Don't miss out on this amazing opportunity. Schedule your showing today!
Welcome to this charming multi-family home, built in 1917, offers a blend of historic character and modern convenience.This spacious property provides ample living space and great potential rental income, making it an excellent investment opportunity. The home is nestled in a well-established neighborhood, close to schools, parks, and local amenities.
Calling All Investors!! Income producing Three unit Property. Fully leased home on all levels. Rental registration for all three units. vinyl sided exterior, some vinyl windows and glass block windows. Units were freshly painted before tenants moved, updated bathrooms, kitchens and flooring. Room for rent increases next year. Start collecting rent at closing!
Super clean Ohio City 2-family with many updates steps from Juneberry Table, Proof Barbeque, Planet Fitness and much, much more. Features include, 2 bedrooms, 1 bath and laundry in each unit, new LVT flooring throughout, new kitchens with white cabinetry and granite counters, new bathrooms, updated windows, heating and electrical. Perfect home for an owner occupant looking for a tenant to help pay the mortgage or an investor to add a well located property to their portfolio. Super walkable location near the West Side Market and the restaurants and breweries surrounding it along with the shops and restaurants in the quickly growing Lorain Avenue business district. Bike the Redline Greenway and connect to the towpath trail and Lakefront Bikeway to Edgewater park. Easy transit and freeway access with travel downtown, University Circle, Tremont and Gordon Square in just minutes.
Huge super clean 2 family with many updates on a great South Tremont street . Perfect home for the owner occupant looking for a tenant to help pay the mortgage or an investor looking to add a well located property to their portfolio. Features include updated kitchens with white cabinets and granite counters, updated baths with tubs/tile surround, refinished wood floors, updated furnaces, electrical and windows, large yard with garage and oversized driveway. Layout could easily accommodate 3 bedrooms if wardrobes were added. Located steps from the MetroHealth campus, The Green Kitchen, Pivot Center and CentroVilla25 which will be opening soon or take the pedestrian bridge over to Terrapin Bakery. Easy access to downtown, University Circle, Ohio City, Gordon Square and Steelyard Commons. Regional connections via I-71, I-90 and I-77. Excellent bus transportation on West 25th street.
This exceptional investment opportunity features two renovated duplexes on a single lot, providing a total of three, two-bedroom units and one 1-bedroom. Each unit comes fully furnished and equipped with modern appliances, allowing you to seamlessly continue operating it as a short and/or mid-term rental from day one. The property has consistently generated ~$100,000 in gross income annually, showcasing its profitability and high demand. Current cap rate is 10%. Situated in a prime location, this property is conveniently close to major freeways, Downtown Cleveland, Tremont, and The Cleveland Zoo. Whether guests are in town for business or leisure, they will appreciate the easy access to popular destinations and amenities. Don't miss out on this rare chance to own a highly lucrative short and mid-term rental property in a thriving Cleveland neighborhood. All furniture and appliances are included in the sale, ensuring a smooth transition for the new owner. Contact us today for more information or to schedule a viewing.
Large Solid Two Family Home with a total of 8 bedrooms. 3 bedrooms in each unit and 2 additional bedrooms on the third floor. Front porch needs work around upper post on front porches. All mechanicals are newer, vinyl siding and all new windows 2016, 2 new Water Tanks 2022, two new furnaces 2022.
Rare quad in Cleveland's westside! Down the street from landmark Johnny's Bar on Fulton and right across the street from The Garden Christian Academy. Within in 5 miles in either direction of downtown Cleveland and Edgewater Beach. Lead certified this property presents an exceptional investment opportunity with four distinct units, each designed to offer comfort, convenience, and style. First floor is a two bedroom with a bonus space that could be used as an office or additional living space could be rent for $900, along with a rented studio for $770. Upstairs find a large 3 bedroom unit with potential to be rented for $950 along with 1 bedroom unit with rent potential of $800. Property has been professionally managed and maintained by a property management company.
Welcome to 13806 Coit Road, a spacious 4-bedroom, 2-bath duplex in Cleveland, OH 44110. This property is ideal for owner-occupants or investors looking to expand their portfolio. With the expected Section 8 rent between $1,800-$2,000 per month once fully occupied, it offers significant income potential. Currently vacant, this duplex presents a fantastic opportunity for those willing to invest in necessary repairs to restore it to its full potential. The two-unit layout provides versatile living options and maximizes rental income, making it a smart investment choice. This property combines convenience with promising returns. Don’t miss the chance to transform 13806 Coit Road into a profitable rental or a spacious home. Schedule a viewing today and take the first step toward unlocking its amazing potential. Make this duplex your next successful investment and bring it back to life!
Great opportunity for Cash flow and instant equity! This fully occupied duplex currently generates $1525/mo! The upper unit pays$750/mo and have been there for 2 years. The lease is now month to month. The lower unit pays $775/mo and that unit was made rent ready with fresh paint and new flooring. Both tenants are cash so a sec 8 model would generate even higher income. The tenants pay for gas and electric and taxes are less then $500/ year so your cash flow is VERY strong. The tenant is very clean. The Hot water tanks are both newer. The seller has sold several in this area for over $100,000 which offers you an opportunity to create equity through some updates and increasing rents Its Located near the shopping and restaurants at Larchmere Blvd and Shaker Square and is less then 3 miles from Cleveland Clinic Main Campus. This property has on site security systems that could transfer to the new owner (see details below). . Easy opportunity for value add and equity.
Investors!!!! Check out this cash flowing multi-family home on Cleveland's Eastside. Start collecting rent and creating cashflow from day one. Both units are occupied and renting at $675 down and $650 upstairs, month to month. Tenants pay for gas and electric. Owner pays insurance, water/sewer, and taxes...which are low. There are some cosmetics and repairs needed, which is why it's priced below the other comparable properties.
Investors! Partially occupied double with full basement, and possible expansion of up unit into the walk-up attic.
Fully occupied duplex, with long term occupancy. Start making a cash return immediately with this investment. Great opportunity for seasoned investors, or those looking to start a portfolio!
The median home value in Cleveland, OH is $138,375. This is higher than the county median home value of $123,800. The national median home value is $219,700. The average price of homes sold in Cleveland, OH is $138,375. Approximately 33.25% of Cleveland homes are owned, compared to 46.27% rented, while 20.48% 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 has a population of 388,812. Cleveland is less family-centric than the surrounding county with 15.93% of the households containing married families with children. The county average for households married with children is 24.44%.
The median household income in Cleveland, Ohio is $27,854. The median household income for the surrounding county is $46,720 compared to the national median of $57,652. The median age of people living in Cleveland is 35.8 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 39.6 inches per year, with 66.3 inches of snow per year.