Fully renovated, tenant-occupied Cleveland duplex with immediate cash flow and walk-in equity potential.
Duplex / 2-Family
4 Bedrooms
2 Bathrooms
2,194 Sq. Ft.
SALE PRICE: $125,000
CURRENT RENT: $1,550/MONTH
RENOVATED + TENANT OCCUPIED
The heavy lifting has already been done. The property is finished, rented and producing income from Day 1. Current rent is $1,550/month and is believed to be below market, providing additional upside for the next investor.
WALK-IN EQUITY — LOOK AT THE COMPS
Recent nearby sales include:
3810 E. 146th St — $167,000 — 0.25 miles
3790 E. 146th St — $148,500 — 0.29 miles
3732 E. 144th St — $165,000 — 0.41 miles
4138 E. 141st St — $143,741 — 0.43 miles
4120 E. 139th St — $215,280 — 0.43 miles
The $165,000 comp at 3732 E. 144th is particularly compelling: it's a 4-bedroom/2-bath multifamily, 2,213 SF compared with our 2,194 SF, and only 0.41 miles away.
WHY THIS DEAL?
At $125,000, you're buying a renovated, already-rented duplex below several recent neighborhood sales.
No rehab. No construction delays. No searching for your first tenant.
Buy it, take over the existing $1,550/month income, and look for future upside through market rents and appreciation.
Seller is simply cashing out to redeploy capital into additional investments.
$125,000 — TURNKEY & CASH FLOWING
Great opportunity for a buy-and-hold investor looking to add another Cleveland property to their portfolio.
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $200,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $141,000.
