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Don't have an account?Estimated Monthly Payment: $1,089.52
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Welcome to one of Cleveland's most compelling investment opportunities ? a fully renovated 7-bedroom duplex near the heart of Ohio City, one of the city's hottest rental markets. This property isn't just move-in ready, it's income-ready, backed by hard data: AirDNA awarded this submarket a 95 Submarket Score, placing it among the strongest short-term rental markets in Cleveland. Two units, two income streams, maximum flexibility. The larger side features a spacious 5 bed/2 bath sleeping up to 10, while the second unit offers a comfortable 2 bed/1 bath sleeping up to 6. Both have been fully renovated with updated plumbing, electrical, kitchens, bathrooms, new carpeting, and fresh interior and exterior paint. No deferred maintenance, just turnkey units primed to perform. As a short-term rental, combined projections exceed $72,000 annually. Long-term rental income projects at $3,500$3,700/month ? up to $44,400/year. Comparable STRs nearby are already clearing $26,000$55,000-plus with occupancy as high as 85%. Plus, this property already recently appraised for $375k. Minutes from MetroHealth, downtown Cleveland, and the West Side Market, this property benefits from consistent year-round demand that keeps vacancy low and rents rising. Run both units, house-hack while your tenant covers the mortgage, or plug into a proven STR market from day one. Two income streams, one address, zero deferred maintenance. Schedule your private tour today.
$339,900
Estimated Monthly Payment: $1,089.52 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Cleveland | Property Type: Multi Unit - Multiple | |
| Subdivision: Fish Heirs Sub | Lot Size: 0.17 Acres | |
| School District: Cleveland Municipal - 1809 | Bedrooms: 7 | |
| Taxes: $2,807 | Bathrooms: 3 full | |
| Status: Active | Square Feet: 3749 | |
| Year Built: 1910 | MLS#: 5220828 |
| Property Type: Multi Unit - Multiple | Parcel#: 015-20-111 | |
| Basement: Yes | Parking: Off Street | |
| Basement: Full | Roof Type: Asphalt, Fiberglass | |
| Cooling: None | Sewer: Public Sewer | |
| Days on Site: 37 | Stories: 3.0 | |
| Exterior: Wood Siding | Taxes: $2,807 | |
| Heating: Baseboard, Other | Water: Public | |
| Lot Size: 0.17 Acres | Year Built: 1910 |
| School District: Cleveland Municipal - 1809 |
Listed By
Agency Name: Lokal Real Estate, LLC.
Agency Contact: 216-252-6580, marketing@lokalrealestate.com
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
| Fips |
| Fips Code39035 |
| Population |
| 2020 to 2025 Changedown 2.5% |
| 2010 Count1,280,122 |
| 2020 Count1,264,817 |
| 2025 Estimate (V2025)1,232,925 |
| 2020 Estimate (V2025)1,264,775 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1720.1% |
| 18 to 6454.2% |
| 65 and Older20.5% |
| Gender |
| Male48.0% |
| Female52.0% |
| Place of Birth |
| Foreign7.7% |
| US92.3% |
| Education |
| High School Graduate, Age 25+91.5% |
| Bachelor's Degree or Higher, Age 25+36.5% |
| Computer and Internet use |
| Households with a computer94.0% |
| Households with a broadband Internet subscription89.5% |
| Language |
| English is Second Language, Age 5+12.3% |
| English is First Language, Age 5+87.7% |
| Veterans |
| Veterans54,264 |
| Income |
| Per Capita Income$42,747 |
| Median Household Income$64,468 |
| People in Poverty14.9% |
| Commute |
| Average Work Commute Time24 minutes |
| Housing |
| Total Housing Units615,116 |
| Households554,551 |
| Average Household Size2.20 |
| Owner-Occupied59.4% |
| Multi-Family34.9% |
| Owner-Occupied Median Value$195,400 |
| Median selected monthly owner costs -with a mortgage$1,570 |
| Median selected monthly owner costs -without a mortgage$671 |
| Median gross rent$1,060 |
| Building Permits |
| New Private Housing Issued 20241,685 |
| Years at Residence |
| 1 Year or More86.7% |
| Less Than 1 Year13.3% |
| Business and Employment |
| Private non-farm Establishments31,496 |
| Private non-farm Employment681,543 |
| Private non-farm Employment Growthup 0.7% |
| Nonemployer Establishments110,977 |
| Number of Firms23,160 |
| Business Production |
| Value of Shipments$23,225,392,000 |
| Wholesale Trade$24,854,217,000 |
| Retail Trade$16,920,714,000 |
| Retail Sales Per Capita$11,914 |
| Accommodation and Food Services$3,332,698,000 |
| Land |
| Land Area457.19 sq. miles |
| Population Per Square Mile2,800 |
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