Property
Beds
6
Full Baths
2
1/2 Baths
None
Year Built
1900
Sq.Footage
2,203
Turnkey on top, steady income below. This up and down duplex in the heart of Cleveland offers exactly what smart investors look for: immediate upside and built in stability. Each unit features three bedrooms, one full bath, and about 1,028 square feet of comfortable living space. The layouts are practical and easy to rent, with generous room sizes and natural light that make both units feel inviting and livable. The upstairs unit has been completely remodeled with fresh paint, updated flooring, and a renovated bathroom that gives the space a clean, modern feel. It is move in ready and positioned to command strong market rent in the $1,300 to $1,400 per month range. For an investor focused on returns, that kind of rental potential matters. Downstairs, you have something just as valuable: consistency. The lower unit is tenant occupied by a long term resident who would love to stay. They are currently paying below market rent, which creates a clear opportunity for future upside while providing dependable income from day one. No scrambling to fill both units. No guesswork. Both units are equipped with newer furnaces, helping reduce near term maintenance concerns and giving added confidence in the mechanical systems. That means fewer surprise expenses and more predictable cash flow. From a numbers standpoint, this property has the potential to meet or even beat the 1 percent rule, making it a strong addition to a rental portfolio. Whether you are expanding an existing portfolio or securing your first multifamily investment, this duplex checks the boxes: updated condition, rental upside, long term tenant stability, and solid mechanical updates. Opportunities like this do not sit around for long. If you have been waiting for a property that blends smart improvements with reliable income and room to grow, this is the one worth a closer look.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
2
-
Above Grade Finished Area
2203.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
Driveway, No Garage, None, Deck, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0918
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$180,000
-
Tax Amount
$2,441
-
Sq. Footage
2, 203
-
Price/SqFt
$81
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
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 Rich Ganim , Real of Ohio
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