1639 Avalon Rd Cleveland, OH 44112
Euclid-Green NeighborhoodEstimated payment $722/month
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
Howard Hanna Brokerage Email: davidsturgeon@howardhanna.com, 216-375-4486 License #2009000358 Listed on: 06/09/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: 5130424
APN: 117-08-161
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