5816 Madison Ave Cleveland, OH 44102
Detroit Shoreway NeighborhoodEstimated payment $1,482/month
Highlights
- Forced Air Heating System
- 3-minute walk to West 65 - Lorain
- Property is Fully Fenced
- South Facing Home
About This Home
Welcome to 5816 Madison Ave, an updated duplex with long-term upside potential, whether you are an investor or an owner occupant looking for rental income to offset your mortgage. This solid property features two well-maintained units, each currently leased - the downstairs at $994 and the upstairs at $1,030/month. Upgrades include vinyl plank flooring, updated cabinetry, and baths. First floor unit includes a separate dining room. Second floor unit includes a very large walk-in closet. Updated roof. Deep lot, grassy and tree-shaded with fenced-in side and back yards and 4 parking spots. Located on a quiet street with new development in a desirable neighborhood with easy access to transit, shopping, and local amenities. Professional property management in place. Don't let this opportunity pass you by!
Listing Agent
JAMM Real Estate Co. Brokerage Email: michaelanter22@gmail.com, 216-409-2888 License #2013004435 Listed on: 08/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,849
Year Built
- Built in 1900
Lot Details
- 5,009 Sq Ft Lot
- South Facing Home
- Property is Fully Fenced
- Wood Fence
- Chain Link Fence
Parking
- 4 Car Garage
- No Garage
- Parking Pad
- Off-Street Parking
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2-Story Property
- Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 002-28-075
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 |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | Pending | -- | -- | -- | |
| 10/21/2025 10/21/25 | Price Changed | $205,000 | -12.8% | -- | |
| 08/29/2025 08/29/25 | Price Changed | $235,000 | -5.6% | -- | |
| 08/14/2025 08/14/25 | For Sale | $249,000 | +255.7% | -- | |
| 02/06/2017 02/06/17 | Sold | $70,000 | -12.5% | $43 / Sq Ft | View Prior Sale |
| 12/15/2016 12/15/16 | Pending | -- | -- | -- | |
| 09/16/2016 09/16/16 | For Sale | $80,000 | -- | $49 / Sq Ft |
Source: MLS Now
MLS Number: 5146476
APN: 002-28-075
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