$120,000
$10K PRICE DROP

Estimated payment $722/month

Total Views 4,746
5 Beds
2 Baths
2,320 Sq Ft
$52 Price per Sq Ft

Highlights

  • City View
  • 2 Car Detached Garage
  • Park
  • Community Pool
  • Community Playground
  • 2-minute walk to Duggan Park

About This Home

Turn-Key 2-Family Investment with Strong Rental Appeal
This newly rehabbed and fully leased 2-family property is a perfect long-term hold. Major improvements include a brand-new roof and new hot water tanks, giving investors peace of mind and reduced maintenance costs for years to come. Each unit showcases desirable features tenants love: a spacious living room with fireplace, a formal dining room with built-ins, and generously sized bedrooms. The upstairs unit is expanded with a finished 3rd floor, creating a highly attractive 3-bedroom layout for added rental income potential. Backing directly onto Duggan Park, tenants enjoy access to a pool, splash park, and basketball courts, while being just minutes from shopping, schools, bus routes, and other everyday amenities. With modern updates, strong tenant demand, and an ideal location, this property offers investors steady cash flow, low-maintenance ownership, and long-term appreciation potential. Rental income is $900 for the Downstairs Unit and $1200 for the Upstairs Unit making the Total Gross Rental Income $2100 per month.

Listing Agent

David Sturgeon

Howard Hanna Brokerage Email: davidsturgeon@howardhanna.com, 216-375-4486 License #2009000358 Listed on: 06/09/2025

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 4,400 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Rectangular Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,320 Sq Ft Home
  • 3-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 117-08-161

Community Details

Overview

  • Euclid Lawn Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,052

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1937
  • Attribution Contact: davidsturgeon@howardhanna.com, 216-375-4486
  • ResoLotFeatures: City Lot, Rectangular Lot
  • ResoPoolFeatures: Community
  • Reso View: City
  • Subdivision Name: Euclid Lawn
  • Above Grade Finished Sq Ft: 2320.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 3
  • Stories: 3

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Fencing: Chain Link, Wood
  • Acres: 0.101
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Direction Faces: West

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Park, Pool

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 117-08-161

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Annual Amount: 1052.06

Map

Range of Values:

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Value Increase
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Percent Increase
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 Price Changed $120,000 -4.0% $52 / Sq Ft
07/11/2025 07/11/25 Price Changed $125,000 -3.8% $54 / Sq Ft
06/09/2025 06/09/25 For Sale $130,000 +170.8% $56 / Sq Ft
02/05/2025 02/05/25 Sold $48,000 +20.3% $21 / Sq Ft View Prior Sale
01/20/2025 01/20/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $39,900 -- $17 / Sq Ft
Source: MLS Now (Howard Hanna)

Source: MLS Now (Howard Hanna)

MLS Number: 5130424

MLS Now (Howard Hanna)

APN: 117-08-161