Prime Cash-Flowing Duplex in Cleveland's High-Growth $199,900

Home Active Under Contract near Lake Erie - Cuyahoga County

Prime Cash-Flowing Duplex in Cleveland's High-Growth Redevelopment Corridor Turn-key duplex positioned in one of Cleveland's most closely watched institutional redevelopment corridors, benefiting from major infrastructure investment, ongoing new construction, and proximity to major employment centers. This area continues to attract long-term investor demand due to strategic access, reinvestment activity, and strong rental fundamentals. Sale includes an adjacent buildable lot under the same ownership (Parcel #108-02-110), offering additional development or expansion potential. Immediate income with built-in upside. The property currently produces approximately $2,350/month, with market rent potential near $3,000/month. One unit is rented below market due to a long-term personal relationship with the owner, presenting a clear opportunity to increase cash flow without major capital expense. Both units are currently tenant-occupied, providing consistent rental income and strong demand. Extensively improved and well-maintained, minimizing future costs and maximizing durability: Updated electrical panels with new main breakers Recessed lighting throughout Updated plumbing systems Updated windows New range hoods Separate central air conditioning for each unit Functional layouts and separate systems make this an ideal asset for investors or owner-occupants seeking reliable performance and easy management. Exceptional accessibility with quick connections to major highways, downtown Cleveland, University Circle, medical campuses, and employment hubs - a key driver of tenant demand. A rare opportunity to acquire a turn-key duplex with immediate cash flow, upside rent potential, and additional land in a rapidly improving corridor.