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Key Details
Sold Price $97,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5142211
Sold Date 08/29/25
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1925
Annual Tax Amount $1,646
Tax Year 2024
Lot Size 4,617 Sqft
Acres 0.106
Property Sub-Type Duplex
Property Description
This two-family income property on Cleveland's east side pulls in $1,400 per month from stable, related tenants who want to stay. A newer roof and brand-new furnace paired with updated electrical panels minimize maintenance and protect your investment. Two hot water tanks and the second older furnace strike a balance between upfront costs and future capex planning. Both units are fully occupied and on month-to-month leases, so rental income begins the day you close. Spacious floor plans accommodate a variety of tenants and keep upkeep straightforward. No learning curve—your tenants know the property and you know your cash flow. With solid upside in a strong rental market, this asset performs from day one. Opportunities at this price point don't last—act fast to secure reliable returns.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 116-25-037
Financing Other
Special Listing Condition Standard
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Bought with Jack Krusinski • RE/MAX Above & Beyond