$189,000
Under contractAbout this home
***OFFER DEADLINE THURSDAY, SEPTEMBER 17TH, 12:00 PM *** Excellent investment opportunity with immediate cash flow! This fully occupied Cleveland multifamily features two spacious 3-bedroom, 1-bath units generating a combined $2,803 per month and $33,636 in annual gross rental income. The downstairs unit is leased to a cash-paying tenant at $1,250 per month on a one-year lease and features new carpet throughout, newer windows, and a refrigerator and stove. The upstairs unit is occupied by a long-term Section 8 tenant paying $1,553 per month and also offers 3 bedrooms, 1 full bath, newer windows, refrigerator, and stove. Additional improvements include two new water heaters, select electrical and plumbing updates, and glass block basement windows. With both units already occupied and producing income, this is a great opportunity for an investor looking to add a solid, income-producing multifamily property to their portfolio. Convenient Cleveland location with access to shopping, dining, major roadways, and Downtown Cleveland. Add this cash-flowing property to your portfolio today!
Property details
- MLS
- NOWDD
- MLS #
- 5241167
- Property type
- Duplex
- Subdivision
- George Whitneys Sub
- Status
- Under contract
- Days on market
- 9
- On market date
- September 14, 2026
- Stories
- 2
- Total bathrooms
- 2
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1157 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
- 287
- Student:teacher ratio
- 14.4:1
- District
- Cleveland Municipal
- Enrollment
- 581
- Student:teacher ratio
- 11.9:1
- District
- Cleveland Heights-University Heights City
- Enrollment
- 329
- Student:teacher ratio
- 11.8:1
- District
- Horizon Science Acad Cleveland
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 29 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.