2609 Mapledale Avenue, Cleveland, OH 44109 - $339,900

  • Beds: 7
  • Baths: 3 full
  • Sq. Feet: 3,749
  • Days on Site: 37
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2609 Mapledale Avenue, Cleveland, OH 44109
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Comments for 2609 Mapledale Avenue, Cleveland, OH 44109

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)

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Property Details

City: ClevelandProperty Type: Multi Unit - Multiple
Subdivision: Fish Heirs SubLot Size: 0.17 Acres
School District: Cleveland Municipal - 1809Bedrooms: 7
Taxes: $2,807Bathrooms: 3 full
Status: ActiveSquare Feet: 3749
Year Built: 1910MLS#: 5220828

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Property Features

Property Type: Multi Unit - MultipleParcel#: 015-20-111
Basement: YesParking: Off Street
Basement: FullRoof Type: Asphalt, Fiberglass
Cooling: NoneSewer: Public Sewer
Days on Site: 37Stories: 3.0
Exterior: Wood SidingTaxes: $2,807
Heating: Baseboard, OtherWater: Public
Lot Size: 0.17 AcresYear Built: 1910

School Information

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

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  • Demographics
  • Walk Score

Cuyahoga County Demographic Information

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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