nvestor Opportunity! Add this income-producing duplex to your portfolio with little to no work needed. Each unit features 2 bedrooms and 1 full bath. The upper unit is currently rented at $750/month, while the lower unit is rented at $1,000/month, generating a combined $1,750 in monthly rental income with potential for future increases based on fair market rents. Renovations have been completed throughout the property prior to the current tenants moving in, making this an attractive option for an investor seeking a stabilized, occupied asset without taking on a major renovation project. The property also has a lead certification, providing an additional benefit for the next owner. Located in Cleveland's Broadway-Slavic Village area, this property offers convenient access to Downtown Cleveland, major roadways, employment centers, shopping, dining, and neighborhood amenities. Cleveland Central Catholic High School is located directly across the street, and Downtown Cleveland is less than 15 minutes away. Whether you're looking to purchase your first multifamily investment or add another cash-flowing property to an existing portfolio, this duplex offers immediate rental income, completed renovations, established tenants, and future income potential. Start collecting rent from day one while positioning yourself for long-term growth!
| MLS # | 5236902 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 8 |
| Listing Provided By | Keller Williams Greater Metropolitan | Alexys Jones |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,779 |
| Garage | 1 |
| Basement | Y |
| Building(s) | 1 |
| Acreage | 0.10 |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, Garage |
| Tax Annual Amount | 1786 |
|---|
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44105 |
| Community Name | Morgan |
| Listing VS Median (in Morgan) | |
Price: $150,000 low | high Med: $99,950 sqft: 1,779 low | high Med: 1,389 $ / sqft: $84 low | high Med: $67 On site: 8 low | high Med: 43.5 | |
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44105 |
| Community Name | Morgan |
| Listing VS Median (in Morgan) | |
Price: $150,000 low | high Med: $99,950 sqft: 1,779 low | high Med: 1,389 $ / sqft: $84 low | high Med: $67 On site: 8 low | high Med: 43.5 | |