This triplex property located in the emerging 44105 area of Cleveland offers an incredible opportunity for investors with a vision for transformation. The property currently appears on the condemned list but boasts significant potential for a savvy investor who can see the long-term value in revitalizing this multifamily asset. The building features two spacious 3-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, offering a diverse layout ideal for rental income once restored. The property has the potential to generate strong cash flow upon rehabilitation, with a prime location in a neighborhood that is seeing positive growth and increasing demand for affordable rental properties. While the property requires substantial renovation, including addressing structural, electrical, plumbing, and other code-related issues, the foundation is there for someone with the expertise and resources to bring this triplex back to life. Once completed, this property could provide a significant return on investment, whether you choose to hold and rent the units or sell them after renovation. Located near major highways, public transportation, and local amenities, this triplex is positioned in a revitalizing neighborhood that continues to attract development and investment. If you’re an investor with a strong vision and a passion for turning distressed properties into cash-flowing assets, this triplex represents a once-in-a-lifetime opportunity to create long-term wealth in a growing Cleveland market.
This well-maintained, cash-flowing property features long-term tenants paying $800 each month. The upstairs lease runs until November 1st, while the downstairs lease is in effect until September. The property has undergone several recent updates to enhance its appeal and efficiency. Seven new windows have been installed, providing improved energy efficiency and a refreshed look. Additionally, the front door downstairs has been replaced. The home's heating systems have also been upgraded, with both furnaces (with transferable lifetime warranty) and heaters replaced within the last 2 years. This ensures the tenants can enjoy a comfortable living environment year-round. In the basement, the main beam has been replaced, along with the floor joists, addressing any structural concerns and ensuring the integrity of the property. An unused chimney has been removed, while the other chimney has been rebuilt from the roof up, further improving the home's overall condition. Please refer to the 3-D walk-through available on the MLS listing to get a better sense of the property's layout and features. The owner pays for trash and water, making it an attractive investment opportunity. The property will be available for showings, once we have an acceptable offer This cash-flowing gem is sure to generate a steady stream of rental income for the savvy investor! No showings until accepted offer.
Well cared for Two Family with 5 bedrooms! Desirable area for tenants off Buckeye. Up unit is vacant and includes finished third floor bedroom. Down unit is rented for $700 with a long term tenant paying cash on time with month to month lease. Up unit is rent ready!
Great opportunity for owner occupant or investor in West Boulevard neighborhood! This stunning duplex has the downstairs vacant and ready to move in with the upstairs currently occupied with a month-to-month tenant at $950/mo. Both units have spacious bright living rooms with decorative fireplaces, dining room with built-in cabinets and charming kitchens with appliances. Plenty of parking available with a 2 car detached garage and wide driveway. Don't miss out on this one!
Duplex property... Investors! Two unit house is a cash flowing machine! Gross rent of $2,700/month or $32,400/year, for a 34% ROI. Repairs are needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 34% ROI
Welcome home to 2473 W 11th St in Cleveland's Tremont neighborhood. Nestled across the street from Lincoln Park this duplex is ready for new owners. This is perfect opportunity for an investor or owner occupant house hacker to get into one of Cleveland's most desired locations. The property is in mint condition and is conveniently located close to everything, including downtown, Ohio City, I-90, shopping, restaurants, and more! The first floor features an open concept Kitchen, Living, and Dining/flex space along with 2 generously sized bedrooms and 1 full bath. Upstairs features an awesome vaulted loft overlooking the unit. It also features 2 bedrooms, 1 full bath along with a great front porch. Out back you'll find an awesome fenced in courtyard! Call your favorite Realtor today for more information! Agents read the remarks.
This property is located in the heart of Cleveland. It features multiple units, ideal for rental income or multifamily living. The property offers convenient access to local amenities, schools, public transportation, and major highways, making it an attractive option for tenants or investors. Further details about the property layout, condition, and upgrades would enhance its profile.
Triplex property... Investors! Three unit house is a cash flowing machine! Gross rent of $3,800/month or $45,600/year, for a 33% ROI, Brand new Furnaces and Hot water tanks. Repairs are needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 33% ROI
Duplex property... Investors! Two unit house is a cash flowing machine! Gross rent of $2,700/month or $32,400/year, for a 29% ROI. Repairs are needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals &University Circle. Amazing opportunity to just collect rents! 29% ROI
Duplex property... Investors! Two unit house is a cash flowing machine! Gross rent of $2,700/month or $32,400/year, for a 29% ROI. Repairs are needed. Located less than 10-15 minutes to downtown, CWRU, Cleveland Clinic, hospitals & University Circle. Amazing opportunity to just collect rents! 29% ROI
Staggering investment opportunity! Unlock the potential of this charming duplex, perfect for savvy investors or renovation enthusiasts. This property features two spacious 2-bedroom units with one bath per unit, offering flexibility for rental income or multi-generational living. With some renovation and updates, you can significantly increase the property’s value and rental income. Ideal for both long-term rental or as a flip. House has a new roof (2024) and some new floors. BONUS: There are two lots vacant next to this home that have the potential to be purchased from the Cleveland Land Bank! This is an unbeatable opportunity for investors looking to flip or add to their rental portfolio. Don’t miss your chance to transform this duplex into a cash-generating asset! Schedule a showing today to explore the possibilities.
HIGHLY MOTIVATED SELLER! Two single homes on the same property. Front home is 1,601 sq. ft. The front home has many updates throughout with vinyl siding in 2022, new roof 2016, vinyl replacement windows less than a yr old, new bathroom with granite flooring along with new laminate flooring throughout. The rear house is 998 sq. ft. and has new vinyl siding in 2022, new vinyl replacement windows along with a new roof in 2018. The rear home does need some TLC. Both homes have a newer furnace & hot water tank. Tenant in front house has lived there many years and currently rear home is vacant. Please do not approach the tenant. There is off street parking for each home. Please give 24-hr notice for showings.
Welcome to 621 E 128th St, Cleveland, OH — a savvy investor’s dream! This duplex property is the perfect addition to your portfolio, offering the potential for solid cash flow and long-term appreciation. ?? Unit 1 features spacious living with 2 bedrooms, 1 full bath, and an updated kitchen ready for tenants to move in. ?? Unit 2 offers another 2 bedrooms, 1 full bath, and a separate entrance for privacy and convenience. Don’t miss out on this investment opportunity to grow your wealth in Cleveland's hot rental market. With the right strategy, this duplex can be a cash cow for years to come! ????
Bring this property back to life. A fire on the the third floor has left a gaping hole in the roof. Fix this puppy up and put it back into production.
Welcome to 10310 Ignatius Ave. Two duplexes on one lot in the West Blvd neighbord on the West Side of Cleveland!! The front double features 3 spacious bedrooms in each unit along with build-ins and large family & dining room. Amazing woodwork and moldings throughout. Kitchens haves glass-front cabinets, a style that is on its way back! The back double includes 2 bedrooms each unit. Newer furnaces and hot water tanks; Newer windows and doors in all the units! Both attics are easily accessible and unfinished! Great access to highways, stockyards & Detroit-Shoreway!
Discover a remarkable investment opportunity with this well-maintained rental property that is leased and generating consistent income. No showings until accepted offers.
Discover a remarkable investment opportunity with this well-maintained rental property that is leased and generating consistent income. No showings until accepted offers. Agent owned
This is a great investment opportunity for new and seasoned investors. This is a duplex with a total of 6 bedrooms and 2 bathrooms. located within 5 minutes from the Cleveland Museum of Art, Natural History Museum, and the VA Hospital.
Great investment opportunity! Duplex with separately-metered gas and electric, so landlord only pays water, sewer, trash. One unit already occupied and rented for $583. Fully occupied it could easily bring in over $2200/mo. Other features: Freshly painted upstairs unit, basement and newer porch, newer furnaces, and upgraded electrical. Both units have large living rooms with fireplaces, formal dining rooms, front porches, plus a driveway for off-street parking. Convenient location, near Downtown Cleveland, just minutes to Amazon, University Circle, and Cleveland Clinic. Property is being sold as is.
Calling Investors come see this Income Producing Large Double! This investment is collecting $2,395.00 per month. Seller has completed painting, flooring updates, mechanicals have been maintained, some newer vinyl replacement windows. The home is fully leased therefore nothing to do but start collecting rent on Day One!
Collinwood duplex, with estimated gross income around $1400/mo, professional management in place. Desirable side-by-side floorplan with plenty of off-street parking. One unit currently tenant occupied. Convenient location near schools, shopping, freeway access, just minutes to Downtown Cleveland, VA Hospital, University Circle, Cleveland Clinic. Features include: vinyl siding for years of worry-free maintenance, separately-metered gas & electric, upgraded electric panel.
Welcome to this Renovated Multi-Family Home. 2 Units with 2 bedrooms, 1 remodeled bath, Spacious Living Room and Dining Room. Nice Kitchens with Newer Cabinets and Flooring. Home has had some Electrical Upgrades and Upgraded Mechanicals.
Discover a remarkable investment opportunity with this well-maintained rental portfolio, featuring properties that are leased and generating consistent income. Available with 17213 Lotus Dr, 16015 South Lotus Drive, 3343 Erin Ave, 3707 Newark Ave. The five addresses are being sold as a portfolio. The package is $505,000.
Opportunity awaits in this 3-bedroom (could be 4 bedrooms and is listed as such in the auditor's website), 2-bathroom duplex located in Cleveland's Slavic Village neighborhood! This property is perfect for investors or house-hackers looking for cash flow. The front unit boasts a spacious living room, an open kitchen, and two good-sized bedrooms with a full bathroom, offering comfortable living spaces for tenants. The back unit is a cozy 1-bedroom, 1-bathroom suite featuring in-unit laundry—a rare find that adds convenience and appeal for renters. Additional features include a common basement with ample storage, laundry hookup, and housing for mechanical systems. The roof is approximately 10 years old, giving you peace of mind about a big ticket item. While the property could benefit from some TLC, it's primed for value-add improvements that can significantly increase its ROI. With its current setup, this duplex is ready to generate income from day one! Don't miss this chance to invest in the Cleveland market today!
Cleveland is located in Ohio. Cleveland, Ohio has a population of 374,861. Cleveland is less family-centric than the surrounding county with 15.15% 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 is $33,678. 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 is 36.2 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 37.9 inches per year, with 54 inches of snow per year.
