Description
Turnkey income-producing duplex on Cleveland’s east side! Live in one unit and let the other pay your mortgage, or rent out all units for excellent cash flow. This well-maintained colonial offers 2,154 sq ft with two spacious 2-bedroom, 1-bath units plus a separately rented basement. The lower unit is move-in ready, while the upper unit has a long-term tenant of 15 years who is clean, reliable, and has never been late on rent, currently paying $550 month-to-month. The basement tenant is also month-to-month and would love to stay, providing stable income and flexibility for the next owner. Many updates include a solid roof with one layer and no leaks, new electrical panels and meters, and both kitchens remodeled within the last two years with updated GFCIs. The downstairs furnace is less than five years old, and the hot water tanks are approximately five years old. The fireplace is operational and adds extra charm. Classic features include hardwood floors, original wood trim, separate utilities, aluminum and vinyl siding, a two-car garage, and a paved driveway. Conveniently located near Miles Ave, close to shopping, parks, and public transportation. A fantastic opportunity for investors or owner-occupants seeking a stable, income-producing property.
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4BEDS
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0.12ACRES
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2BATHS
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01/2 BATHS
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2,154SQFT
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$53$/SQFT
Listing information © 2026 YES-MLS.
Description
Turnkey income-producing duplex on Cleveland’s east side! Live in one unit and let the other pay your mortgage, or rent out all units for excellent cash flow. This well-maintained colonial offers 2,154 sq ft with two spacious 2-bedroom, 1-bath units plus a separately rented basement. The lower unit is move-in ready, while the upper unit has a long-term tenant of 15 years who is clean, reliable, and has never been late on rent, currently paying $550 month-to-month. The basement tenant is also month-to-month and would love to stay, providing stable income and flexibility for the next owner. Many updates include a solid roof with one layer and no leaks, new electrical panels and meters, and both kitchens remodeled within the last two years with updated GFCIs. The downstairs furnace is less than five years old, and the hot water tanks are approximately five years old. The fireplace is operational and adds extra charm. Classic features include hardwood floors, original wood trim, separate utilities, aluminum and vinyl siding, a two-car garage, and a paved driveway. Conveniently located near Miles Ave, close to shopping, parks, and public transportation. A fantastic opportunity for investors or owner-occupants seeking a stable, income-producing property.
Listing information © 2026 YES-MLS. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Jess Nader Team | REMAX CROSSROADS are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-02-15T08:08:03.1.