$369,000
About this home
https://tour.panoee.net/698c7eba1f39a56d8bb8a3ba/698c7f1060c07b57330c2346 (Walking tour) Brand New Construction Duplex – Completed December 2025. Turn-key investment opportunity with strong cash flow and long-term tax advantages. This newly built duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and 1,216 square feet of living space per side (2,432 total sq ft). Both units are leased with 2-year agreements in place, generating $3,000 per month ($36,000 annually) in rental income. The property delivers an 8%+ cap rate, making it an excellent addition to any investment portfolio. Enjoy a 15-year, 100% tax abatement, significantly reducing operating expenses and increasing net returns. As new construction completed in December 2025, the property also includes a 1-year builder warranty for added peace of mind. Low maintenance, stabilized income, and strong returns — this is a true turnkey investment.
Highlights
Property details
- MLS #
- 5186668
- Property type
- Duplex
- Subdivision
- Wm A Bramans Sub
- Status
- Active
- Days on market
- 90
- On market date
- N/A
- Stories
- 2
- Garage spaces
- N/A
- Lot size
- 0.23 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 448
- Student:teacher ratio
- 17.9:1
- District
- Elyria City Schools
- Enrollment
- 355
- Student:teacher ratio
- 10.8:1
- District
- Elyria City Schools
- Enrollment
- 1,667
- Student:teacher ratio
- 16.2:1
- District
- Elyria City Schools
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated May 13, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.