Description
Located in the heart of Euclid, this fully occupied brick duplex offers a strong turnkey investment opportunity with stable cash flow and low-maintenance ownership. Each unit features 2 bedrooms and 1 bathroom with spacious layouts, comfortable living areas, and functional kitchens. The property is currently generating $2,530 per month in gross rental income, with the lower unit leased at $1,251/month through 8/1/2026 and the upper unit rented at $1,279/month through 3/31/2027. The long-term leases already in place provide immediate income and stability from day one. Additional features include a partially finished basement for extra storage and utility space, a detached garage, off-street parking, and durable brick construction with solid curb appeal. Conveniently located near shopping, restaurants, parks, schools, and major highways, the property also offers quick access to downtown Cleveland. With strong in-place rents, stable tenancy, and continued rental demand in the area, this duplex presents an excellent opportunity for investors seeking dependable cash flow in a solid rental market. Whether looking to expand an existing portfolio or acquire a well-maintained income-producing asset, this property offers immediate and stable returns.
Details
| MLS # | 5207754 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1951 |
| Days On Site | 105 |
| Listing Provided By | REAFCO | Patrick Drury |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Building(s) | 1 |
| Acreage | 0.12 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Tax Annual Amount | 4096.15 |
|---|
Area Information
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Euclid |
| Zip Code | 44123 |
| Community Name | Euclid Park Estates |
| Listing VS Median (in Euclid Park Estates) | |
Price: $210,000 low | high Med: $170,000 On site: 105 low | high Med: 35 | |
Market Activity 44123
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Learn More About This Property
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Euclid |
| Zip Code | 44123 |
| Community Name | Euclid Park Estates |
| Listing VS Median (in Euclid Park Estates) | |
Price: $210,000 low | high Med: $170,000 On site: 105 low | high Med: 35 | |