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Two-story property featuring a covered front porch and an upper-level balcony
Two-story residential structure featuring horizontal siding and a brick foundation
Upper-level balcony featuring a slatted ceiling, exterior wall-mounted light fixture, and a street-level perspective of the neighborhood
3554 E 118th Street photo 4
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Bathroom with a clawfoot tub, toilet, and vanity featuring a laminate countertop and base cabinet
3554 E 118th Street photo 8
3554 E 118th Street photo 9
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Kitchen featuring wood-finish flooring, a ceiling fan with light fixture, and light-toned upper cabinetry
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3554 E 118th Street photo 15
Living area with crown molding, a fireplace featuring a white brick surround, and a ceiling-mounted light fixture
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17 photos

$69,000

3554 E 118th Street
Cleveland, OH 44105
Listed by Tal Medy · Silvermetz Real Estate Corp.
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1918

About this home

Instant cash flow! Fully occupied 2 family duplex generating $2,000/month in gross income ($800/mo in Unit 1 and $1,200/mo in Unit 2). Perfect portfolio builder for buy and hold investors looking for immediate returns. Property needs some cosmetic updates roof and TLC to maximize long term equity, but is already bringing in steady rent day one. Conveniently located near public transit and neighborhood amenities. Sold AS IS with tenants in place. Buyer to assume any municipal point of sale requirements. Do not disturb tenants showing access granted upon accepted offer or scheduled window

Property details

MLS #
5230633
Property type
Duplex
Subdivision
Union Rice Sub
Status
Active
Days on market
N/A
On market date
July 24, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.1004 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Nathan Hale School
0.38 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
434
Student:teacher ratio
15.0:1
District
Cleveland Municipal
Middle
Woodbury Elementary School
1.74 mi away · Grades 4-6
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
651
Student:teacher ratio
13.9:1
District
Shaker Heights City
High
John Adams College & Career Academy
0.53 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
486
Student:teacher ratio
16.2:1
District
Cleveland Municipal

Mortgage calculator

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Est. monthly payment
$566/mo
$13,800 down
$55,200 loan
Principal & interest$358
Property tax (est.)$58
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 27 days ago.

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.