16523 Kipling Ave Cleveland, OH 44110
South Collinwood NeighborhoodEstimated payment $565/month
About This Home
Cash-Flowing Duplex | Fully Rented | Priced to Sell Multi family investment opportunity at an excellent entry price. This fully rented duplex features two spacious units, each offering 2 bedrooms and 1 full bathroom. With gross rents of $1,490/month, this property is already cash flowing from day one. Both units are well laid out with generous room sizes, making them attractive and easy to keep rented. The property is 100% occupied, providing immediate income with no lease-up period required. Offered at just $89,000, this is a rare chance to secure a low-cost, income-producing asset in Cleveland—ideal for local or out-of-state investors looking to expand their portfolio with minimal upfront capital. Highlights: • Fully rented duplex • 2 beds / 1 bath per unit • Spacious layouts tenants appreciate • Low purchase price = strong ROI potential • Ideal for buy-and-hold investors Affordable and easy to manage—this is the kind of deal investors are always looking for. Do not miss this opportunity. Seller prefers to sell as a package with 1377 E 66th St, Cleveland, OH 44103
Listing Agent
Keller Williams Citywide Brokerage Email: markcolucci@kw.com, 440-590-5219 License #2020004747 Listed on: 01/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,285
Year Built
- Built in 1920
Lot Details
- 4,025 Sq Ft Lot
Parking
- Driveway
Home Design
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,536 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- London Road Subdivision
Listing and Financial Details
- Assessor Parcel Number 116-20-112
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,285 | $19,215 | $3,360 | $15,855 |
| 2023 | $929 | $11,980 | $3,680 | $8,300 |
| 2022 | $924 | $11,970 | $3,680 | $8,300 |
| 2021 | $915 | $11,970 | $3,680 | $8,300 |
| 2020 | $927 | $10,500 | $3,220 | $7,280 |
| 2019 | $859 | $30,000 | $9,200 | $20,800 |
| 2018 | $1,485 | $10,500 | $3,220 | $7,280 |
| 2017 | $1,347 | $15,930 | $4,620 | $11,310 |
| 2016 | $2,454 | $15,930 | $4,620 | $11,310 |
| 2015 | $2,483 | $15,930 | $4,620 | $11,310 |
| 2014 | $2,483 | $18,310 | $5,320 | $12,990 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | For Sale | $89,000 | 0.0% | $58 / Sq Ft | |
| 01/29/2026 01/29/26 | Pending | -- | -- | -- | |
| 01/21/2026 01/21/26 | For Sale | $89,000 | +81.6% | $58 / Sq Ft | |
| 12/13/2022 12/13/22 | Sold | $49,000 | -10.9% | $32 / Sq Ft | View Prior Sale |
| 11/11/2022 11/11/22 | Pending | -- | -- | -- | |
| 10/25/2022 10/25/22 | Price Changed | $55,000 | 0.0% | $36 / Sq Ft | |
| 10/25/2022 10/25/22 | For Sale | $55,000 | -8.3% | $36 / Sq Ft | |
| 10/04/2022 10/04/22 | Pending | -- | -- | -- | |
| 08/31/2022 08/31/22 | Price Changed | $60,000 | 0.0% | $39 / Sq Ft | |
| 08/31/2022 08/31/22 | For Sale | $60,000 | -14.3% | $39 / Sq Ft | |
| 08/13/2022 08/13/22 | Pending | -- | -- | -- | |
| 08/08/2022 08/08/22 | For Sale | $70,000 | 0.0% | $46 / Sq Ft | |
| 05/25/2022 05/25/22 | Pending | -- | -- | -- | |
| 05/19/2022 05/19/22 | For Sale | $70,000 | -- | $46 / Sq Ft |
Source: MLS Now
MLS Number: 5182890
APN: 116-20-112
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