$399,000

About this home

Exceptional investment opportunity! Located in the heart of Cleveland's highly sought-after Tremont neighborhood, this well-maintained duplex combines comfortable living spaces with immediate cash flow and long-term investment potential. Currently operated as a room-sharing rental with four of the five bedrooms occupied, this income-producing property offers immediate rental income with the opportunity to increase revenue by leasing the remaining vacant bedroom. The first-floor unit features 2 Bedrooms, 1 Full Bathroom, a spacious Formal Living Room, Dining Room, Functional Kitchen, and a Large Front Porch. The second-floor unit offers 3 Bedrooms, 1 Full Bathroom, an Open-Concept Layout with a spacious Living Room, an Open Kitchen featuring a Center Island, a dedicated Laundry Room and a Private Balcony. Situated on a corner lot at the end of a dead-end street, this property offers added privacy with a fully Fenced Backyard featuring a Privacy Fence. A detached Two-Car Garage provides additional convenience and storage, plus additional Off-Street Parking. Recent improvements include a new Electrical Panel (2023), Whole-House Insulation (2022), a new upstairs Central Air Conditioning Unit (2022), an additional Central Air Conditioning Unit, Roof, Furnace, and Water Heater all approximately 6+ years old, and Replacement Windows approximately 10+ years old. Conveniently located near Downtown Cleveland, MetroHealth Medical Center, Lincoln Park, Steelyard Commons, restaurants, shopping, entertainment, schools, major highways, and everything Tremont has to offer. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers immediate cash flow, future income potential, and a prime location in one of Cleveland's most desirable neighborhoods. Property is Tenant-Occupied. Minimum 48-hour notice is required for all showings. Don't miss this outstanding investment opportunity—schedule your private showing today!

Property details

MLS #

5234596

Property type

Duplex

Subdivision

James M Hoyts Allotment

Status

Active

Days on market

1

On market date

August 6, 2026

Stories

2

Garage spaces

2

Lot size

0.1643 acres

Nearby schools

Within 10 miles · public school directory data (NCES)