$173,000
About this home
Investor Opportunity! Add a solid income-producing duplex to your growing real estate portfolio. Both units are currently tenant-occupied at $950 per month each, generating a combined $1,900 in monthly rental income and $22,800 in gross annual income. The property was updated prior to the current tenants taking occupancy, offering investors the benefit of an already improved and income-producing asset. The property also has an active lead certification, providing an additional layer of compliance and peace of mind for the next owner. With established tenants already in place, this duplex offers immediate cash flow from day one, along with potential opportunity to maximize future rental income based on current market rents and applicable CMHA payment standards. Whether you're looking to purchase your first investment property or continue scaling an existing portfolio, this duplex offers a strong combination of current cash flow, rental upside, completed updates, and existing occupancy. Don't miss the opportunity to add another income-producing asset to your portfolio!
Property details
- MLS #
- 5237667
- Property type
- Duplex
- Subdivision
- A C Spears 03
- Status
- Active
- Days on market
- 3
- On market date
- August 17, 2026
- Stories
- N/A
- Total bathrooms
- 2.5
- Garage spaces
- 2
- Parking spaces
- N/A
- Lot size
- 0.1056 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 415
- Student:teacher ratio
- 12.6:1
- District
- Cleveland Municipal
- Enrollment
- 651
- Student:teacher ratio
- 13.9:1
- District
- Shaker Heights City
- Enrollment
- 1,566
- Student:teacher ratio
- 15.1:1
- District
- Shaker Heights City
Walkability
Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Cleveland, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated August 20, 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.