UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,036 sqft
Price per Sqft $63
Subdivision Helbig
MLS Listing ID 5194270
Bedrooms 5
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,036
Year Built 1880
Annual Tax Amount $594
Tax Year 2025
Lot Size 7,239 Sqft
Acres 0.1662
Property Sub-Type Duplex
Property Description
This is a fully occupied, income-producing asset, providing immediate and consistent cash flow from day one. With both units already leased, you can step into a stabilized investment without the hassle of vacancy or initial lease-up. The layout and updates also support continued strong tenant demand, making it a solid addition to any portfolio or a great option for someone looking to get started in multifamily investing.
The location adds another layer of value. Situated near the growing Hough/MidTown corridor and close to University Circle, this area continues to benefit from new development, housing investment, and neighborhood revitalization efforts that are actively reshaping the east side. With proximity to restaurants, major employers, and ongoing redevelopment projects—and home values in the area trending upward year-over-year—this property offers not just strong income today, but real potential for appreciation moving forward.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry Lower Level
Exterior
Parking Features Driveway
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 104-15-107
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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Zachary Underwood
Broker | License ID: BRKP.2014000258
Broker License ID: BRKP.2014000258