$294,900
About this home
Turnkey leased two-family in Detroit Shoreway, a half mile from Gordon Square and minutes from Ohio City, Edgewater and downtown. Both units are under written lease with contracted increases running into 2029, so the income is in place and documented on day one. $2,850 monthly gross today, stepping to $3,150 by August 2028 under signed leases. That is $34,200 rising to $37,800 with no renegotiation required. The lower unit is held by a corporate tenant on a three-year term through August 2029 with written short-term rental authorization, and that lease assigns lawn care, landscaping and snow removal to the tenant. The unit is the showpiece: white shaker kitchen with stainless suite, stone counters and mosaic backsplash, open-concept living and dining, a spacious primary and secondary bedroom, separate game room/bonus room with closet, in-unit laundry, and a renovated bath in marble-look tile with lighted vanity. The upper unit is separately accessed with its own updated kitchen, bath, luxury vinyl tile, in-unit laundry, and opens off the bedroom to a private rooftop area with deck potential. 2026 brought a complete tear-off roof with architectural shingles, all new siding over Tyvek house wrap, new gutters and downspouts, new windows on the east elevation, and a new air conditioning condenser. The big-ticket work is done. 1,799 finished square feet above grade, full basement, forced air gas heat with central air, separately metered electric, and off-street parking at the rear. Both units are registered as rentals with the City of Cleveland and a certified lead risk assessment completed in September 2026 with a passing grade. Executed leases, tenant payment history, actual utility billing and a full investor analysis with size-matched rent comparables and relevant size-matched sales are all attached in the supplements. Attractive appreciation upside and steady income make this a terrific investment to add to any portfolio.
Property details
- MLS
- NOWDD
- MLS #
- 5243370
- Property type
- Duplex
- Subdivision
- Somers & Winterton Allotment
- Status
- Active
- Days on market
- 25
- On market date
- September 15, 2026
- Stories
- 2
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.069 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.
- Enrollment
- 239
- Student:teacher ratio
- 11.4:1
- District
- Cleveland Municipal
- Enrollment
- 74
- Student:teacher ratio
- 37.0:1
- District
- Constellation Schools: Stockyard Community Middle
- Enrollment
- 391
- Student:teacher ratio
- 17.0:1
- District
- Cleveland Municipal
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 6 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.