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Key Details
Sold Price $110,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision John W Taylor & Cos Douglas
MLS Listing ID 5120432
Sold Date 06/27/25
Bedrooms 6
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,189
Tax Year 2024
Lot Size 4,181 Sqft
Acres 0.096
Property Sub-Type Duplex
Property Description
Investor opportunity in a rapidly developing area near the VA and the Cleveland Clinic! This side-by-side duplex offers tons of potential with major interior work already started, new mechanicals installed, and a new roof for added longevity and peace of mind. Each unit features a spacious layout, and there's an option to finish the third floor to add bedroom or flex space, increasing rental value. Located in a high-demand rental area, this property is ideal for investors looking to build or expand their portfolio. According to fair market rent and CMHA estimates, each unit could generate $1,720 monthly, totaling an impressive $41,280 annually. With continued growth in the neighborhood and strong rental demand, this property offers immediate cash flow and long-term upside. Don't miss your chance to invest in one of Cleveland's most promising areas.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 109-12-101
Financing Cash
Special Listing Condition Standard
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Bought with Alexys Jones • Keller Williams Greater Metropolitan