Property
Beds
5
Full Baths
2
1/2 Baths
None
Year Built
1850
Sq.Footage
4,484
Exceptional investment opportunity! Located in the heart of Cleveland's highly sought-after Tremont neighborhood, this well-maintained duplex combines comfortable living spaces with immediate cash flow and long-term investment potential. Currently operated as a room-sharing rental with four of the five bedrooms occupied, this income-producing property offers immediate rental income with the opportunity to increase revenue by leasing the remaining vacant bedroom. The first-floor unit features 2 Bedrooms, 1 Full Bathroom, a spacious Formal Living Room, Dining Room, Functional Kitchen, and a Large Front Porch. The second-floor unit offers 3 Bedrooms, 1 Full Bathroom, an Open-Concept Layout with a spacious Living Room, an Open Kitchen featuring a Center Island, a dedicated Laundry Room and a Private Balcony. Situated on a corner lot at the end of a dead-end street, this property offers added privacy with a fully Fenced Backyard featuring a Privacy Fence. A detached Two-Car Garage provides additional convenience and storage, plus additional Off-Street Parking. Recent improvements include a new Electrical Panel (2023), Whole-House Insulation (2022), a new upstairs Central Air Conditioning Unit (2022), an additional Central Air Conditioning Unit, Roof, Furnace, and Water Heater all approximately 6+ years old, and Replacement Windows approximately 10+ years old. Conveniently located near Downtown Cleveland, MetroHealth Medical Center, Lincoln Park, Steelyard Commons, restaurants, shopping, entertainment, schools, major highways, and everything Tremont has to offer. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers immediate cash flow, future income potential, and a prime location in one of Cleveland's most desirable neighborhoods. Property is Tenant-Occupied. Minimum 48-hour notice is required for all showings. Don't miss this outstanding investment opportunityāschedule your private showing today!
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Kitchen Island
-
Total Bedrooms
5
-
Bathrooms
2
-
Above Grade Finished Area
3075.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Frame
-
Other Exterior Features
Balcony
-
Parking
Detached, Garage, Off Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.1643
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$399,000
-
Tax Amount
$5,853
-
Sq. Footage
4,484
-
Price/SqFt
$88
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
Cleveland Municipal - 1809
-
High School
Cleveland Municipal - 1809
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
Cleveland Municipal - 1809
High School
Cleveland Municipal - 1809
Listing Courtesy of Michelle E Davis , DreamTeam Realty, Inc.
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Agent / RealtorĀ®
Carla Ponikvar
Call Carla today to schedule a private showing.
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