$149,900
Under contractAbout this home
Welcome to this amazing turnkey two-family that is generating $2,500 per month in combined rent across two units on annual leases, with both units fully occupied and no lease-up period required — income begins the day you close. The property underwent a comprehensive 2025 renovation covering both units, including new paint, carpet, and kitchen sinks, along with the conversion of former patio space into additional closeted rooms, and new stoves, ovens, and refrigerators throughout. The renovation also addressed major mechanical systems: electrical was fully updated both during the renovation and over the past year, basement plumbing was replaced with PEX, and new water heaters were installed. The property is lead certified through December 2027, and there is no known deferred maintenance. The property is located in Cleveland's Waterloo Arts District, a corridor that has seen sustained growth in galleries, restaurants, and independent businesses in recent years, contributing to steady foot traffic and reinvestment along the strip. Please contact us to schedule a private showing.
Property details
- MLS
- NOWDD
- MLS #
- 5249033
- Property type
- Duplex
- Subdivision
- Euclid 16
- Status
- Under contract
- Days on market
- 4
- On market date
- September 29, 2026
- Stories
- 2
- Total bathrooms
- 2.5
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.1286 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
- 412
- Student:teacher ratio
- 14.7:1
- District
- Cleveland Municipal
- Enrollment
- 339
- Student:teacher ratio
- 14.1:1
- District
- East Cleveland City School District
- Enrollment
- 317
- Student:teacher ratio
- 13.8:1
- 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 20 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.