UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Rick Heights Land Co Sub #3
MLS Listing ID 5107135
Bedrooms 4
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,303
Tax Year 2023
Lot Size 5,601 Sqft
Acres 0.1286
Property Sub-Type Duplex
Property Description
This income-producing duplex is a fantastic opportunity for investors or owner-occupants looking to house hack. Both units are fully occupied, generating strong cash flow from day one. The property was remodeled when purchased, featuring modern updates that make it low-maintenance and highly desirable for tenants.
Recent improvements include newer electrical, furnaces, hot water tanks, and vinyl siding, reducing major expenses. Inside, the units offer stylish butcher block countertops, built-ins, and newer carpeting. The upper unit boasts a kitchen island and a private second-story porch, while the first-floor unit features a welcoming front porch and an open-concept feel.
Located just minutes from Rockefeller Park, University Circle, the Cleveland Cultural Gardens, and downtown Cleveland, this property is in a high-demand rental area with excellent tenant retention. For those looking to live in one unit and rent out the other, this duplex provides a great opportunity to offset housing costs while building equity.
With all major systems in great shape, any minor exterior improvements or landscaping could further enhance curb appeal and rental value. Don't miss this chance to own a high-performing rental or a smart house hack.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Concrete, Driveway, No Garage, Off Street, Parking Pad, Private
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 129-09-004
Special Listing Condition Standard