Two-story residence featuring a covered front porch, white siding, and a gabled roofline - 1882 Colonnade Road, Cleveland
1 photo

$130,000

1882 Colonnade Road
Cleveland, OH 44112
Listed by Antoine Moss · Keller Williams Greater Cleveland Northeast
Bedrooms
4
Bathrooms
2
Living area
N/A
Year built
1925

About this home

Capitalize on immediate cash flow with this fully rented, turnkey two-unit multi-family property. This property features two well-maintained units with dependable tenants already in place. With functional layouts, individual utility setups, and solid bones this investment property is a great asset. Convenient access to local thoroughfares, public transit, shopping, and everyday amenities. Perfect for new or seasoned investors looking to expand their portfolio. Showings available after accepted offer.

Property details

MLS
NOWDD
MLS #
5244616
Property type
Duplex
Subdivision
Colonial Heights
Status
Active
Days on market
13
On market date
September 13, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1543 acres
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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.

ElementaryCharter
Apex Academy
0.35 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
476
Student:teacher ratio
21.6:1
District
Apex Academy
Middle
Monticello Middle School
1.24 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
504
Student:teacher ratio
11.7:1
District
Cleveland Heights-University Heights City
High
Shaw High School
0.81 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
607
Student:teacher ratio
15.2:1
District
East Cleveland City School District

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).

88
Highly walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks6
Schools14
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 13 days -- 37 fewer days than Cleveland's current average of 50 days.
For reference, the median list price across 2,410 active listings in Cleveland right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$933/mo
$26,000 down
$104,000 loan
Principal & interest$675
Property tax (est.)$108
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 24 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.