Duplex at 1538-1540 E 204th Street, Euclid
Duplex at 1538-1540 E 204th Street, Euclid, photo 2 of 12
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12 photos

$217,000

1538-1540 E 204th Street
Euclid, OH 44117
Listed by Tyler Finkler · Plum Tree Realty, LLC
Bedrooms
4
Bathrooms
2
Living area
2,040 sqft
Year built
1927

About this home

Great opportunity for an owner-occupant or investor! Offering an estimated 11% cap rate, this well-maintained duplex features numerous updates including the roof, furnace, hot water tank, windows, and cosmetic improvements throughout. The first-floor unit offers 2 bedrooms and 1 full bath and is currently vacant and ready for an owner-occupant or new tenant. The upper unit features 2 bedrooms, 1 full bath, and additional finished attic space and is currently tenant occupied at $1,250/month with the tenant paying all utilities. The current lease runs through the end of January. Investors have the opportunity for approximately $2,350/month in gross rental income with the lower unit projected at $1,100/month, offering an estimated 11% cap rate at the $217,000 asking price based on projected expenses. Additional features include a 2-car detached garage and updated windows throughout. Upper unit available for viewing after an accepted offer. A great opportunity to add a solid duplex to your portfolio or live in one unit while generating income from the other.

Property details

MLS
NOWDD
MLS #
5249309
Property type
Duplex
Subdivision
W E Amblers
Status
Active
Days on market
2
On market date
September 29, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.1635 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
Noble Academy-Cleveland
0.66 mi away · Grades 0-8
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
354
Student:teacher ratio
13.6:1
District
Noble Academy-Cleveland
Middle
Euclid Middle School
2.03 mi away · Grades 6-9
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
973
Student:teacher ratio
13.9:1
District
Euclid City
High
Ginn Academy
1.45 mi away · Grades 9-12
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
317
Student:teacher ratio
13.8:1
District
Cleveland Municipal

Walkability

Blended score for Euclid'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).

79
Walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes15
Grocery stores3
Parks9
Schools3
Transit stops20
Pharmacies3

Market position

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

On the market 2 days -- 38 fewer days than Euclid's current average of 40 days.
For reference, the median list price across 169 active listings in Euclid right now is $154,900.

Mortgage calculator

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

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%
Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$1,457/mo
$43,400 down
$173,600 loan
Principal & interest$1,126
Property tax (est.)$181
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 16 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.