4148 Carlyle Avenue, Cleveland, OH 44109 - $180,000

  • Beds: 5
  • Baths: 2 full
  • Sq. Feet: 1,780
  • Days on Site: 63
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4148 Carlyle Avenue, Cleveland, OH 44109
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Comments for 4148 Carlyle Avenue, Cleveland, OH 44109

Investor opportunity! This fully rented duplex is a strong cash-flowing asset generating $2,410 in monthly rental income with low operating expenses, including seller-paid taxes of just $168.75/month and water/sewer averaging approximately $82/month. The front unit features 4 bedrooms total (2 on the main level and 2 upstairs) and is occupied by a long-term CMHA tenant paying $1,410/month, who has been in place for several years and would love to remain, plus a lease secured through 8/11/26 for added income stability. The rear unit offers convenient single-floor living with 1 bedroom, living room, and an eat-in kitchen, currently rented at $1,000/month private pay on a month-to-month basis. Major updates include a new roof (2022) and a new furnace in the front unit (2026), helping reduce future capital expenses. A pre-inspection has been completed and is available upon request, with most repair items already addressed. A true cash-producing investment property ready to perform from day one!

$180,000

Estimated Monthly Payment: $622.10 (including taxes & insurance estimates)

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Property Details

City: ClevelandProperty Type: Multi Unit - Multiple
Subdivision: SeldenLot Size: 0.11 Acres
School District: Cleveland Municipal - 1809Bedrooms: 5
Taxes: $2,028Bathrooms: 2 full
Status: ActiveSquare Feet: 1780
Year Built: 1910MLS#: 5184444

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Property Features

Property Type: Multi Unit - MultipleParcel#: 015-01-112
Basement: YesParking: Driveway, On Street
Basement: FullRoof Type: Asphalt, Fiberglass
Cooling: NoneSewer: Public Sewer
Days on Site: 63Stories: 1.0
Exterior: Vinyl SidingTaxes: $2,028
Fencing: FencedWater: Public
Heating: Forced AirYear Built: 1910
Lot Size: 0.11 Acres 

School Information

School District: Cleveland Municipal - 1809

Listed By

Agency Name: McDowell Homes Real Estate Services
Agency Contact: Theresa@sellwithseese.com, 216-666-1411

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 2023 Changedown 2.5%
2010 Count1,280,122
2020 Count1,264,817
2023 Estimate (V2023)1,233,088
2020 Estimate (V2023)1,264,775
Age Distribution (Years Old)
0 to 45.3%
5 to 1720.3%
18 to 6454.8%
65 and Older19.6%
Gender
Male48.1%
Female51.9%
Place of Birth
Foreign7.6%
US92.4%
Education
High School Graduate, Age 25+90.9%
Bachelor's Degree or Higher, Age 25+35.2%
Computer and Internet use
Households with a computer92.0%
Households with a broadband Internet subscription85.7%
Language
English is Second Language, Age 5+12.3%
English is First Language, Age 5+87.7%
Veterans
Veterans60,427
Income
Per Capita Income$39,807
Median Household Income$60,074
People in Poverty16.6%
Commute
Average Work Commute Time24 minutes
Housing
Total Housing Units615,116
Households552,421
Average Household Size2.23
Owner-Occupied58.4%
Multi-Family34.9%
Owner-Occupied Median Value$168,700
Median selected monthly owner costs -with a mortgage$1,472
Median selected monthly owner costs -without a mortgage$630
Median gross rent$952
Building Permits
New Private Housing Issued 20231,028
Years at Residence
1 Year or More86.1%
Less Than 1 Year13.9%
Business and Employment
Private non-farm Establishments31,738
Private non-farm Employment631,443
Private non-farm Employment Growthup 0.7%
Nonemployer Establishments105,877
Number of Firms114,192
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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