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Don't have an account?Estimated Monthly Payment: $740.06
Edit mortgage details for a more accurate payment
Attention investors looking for true turnkey cash-flow opportunity! Fully occupied 3-family investment package consisting of a duplex plus a separate single-family home generating over $3,100 per month rental income w/secure Section 8 tenants already in place. Property is Lead Certified as of April 2026 meeting the City of Cleveland requirements, making this an excellent low-maintenance investment opportunity. Completely remodeled w/no expense spared, property is successfully self-managed from the West Coast & is ideal as your first investment property or strong addition to an existing portfolio. Two homes are situated on one lot featuring a front duplex plus separate stand-alone home in the rear. Duplex includes a spacious 2-bedroom unit on the first floor & 1-bedroom unit upstairs, while the rear home offers a private 1-bedroom layout. Both homes feature updated mechanicals, newer vinyl siding, updated vinyl windows, extensive interior renovations throughout. Interiors fresh paint, updated flooring, remodeled kitchens & baths plus appliances included for added convenience. Attractive & well-maintained condition supports long-term tenant retention & stable rental income. Located in a desirable appreciating zip code w/strong rental demand, investment-friendly property offers excellent long-term upside potential w/reliable income already in place. Rare opportunity to purchase a fully occupied, lead-certified, professionally updated multifamily package.
$245,000
Estimated Monthly Payment: $740.06 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Cleveland | Property Type: Multi Unit - Multiple | |
| Subdivision: Sargent | Lot Size: 1.00 Acres | |
| School District: Cleveland Municipal - 1809 | Bedrooms: 4 | |
| Taxes: $1,480 | Bathrooms: 3 full | |
| Status: Active | Square Feet: 1963 | |
| Year Built: 1900 | MLS#: 5211842 |
| Property Type: Multi Unit - Multiple | Parcel#: 016-07-023 | |
| Appliances: Dishwasher, Microwave, Range, Refrigerator | Parking: Shared Driveway | |
| Basement: Unfinished | Roof Type: Asphalt, Fiberglass | |
| Basement: Yes | Sewer: Public Sewer | |
| Cooling: None | Stories: 2.0 | |
| Exterior: Aluminum Siding | Taxes: $1,480 | |
| Heating: Forced Air, Gas | Water: Public | |
| Laundry: In Unit | Year Built: 1900 | |
| Lot Size: 1.00 Acres |
| School District: Cleveland Municipal - 1809 |
Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653
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 |