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$ 119,900
Est. payment /mo
New
11302 Parkview AVE Cleveland, OH 44104
4 Beds
2 Baths
6,760 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision F & C Pekoc Sub
MLS Listing ID 5222679
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1920
Annual Tax Amount $1,240
Tax Year 2025
Lot Size 6,760 Sqft
Acres 0.1552
Property Sub-Type Duplex
Property Description
Cash flow is calling, and this duplex is answering! Whether you're a seasoned investor or adding another income-producing property to your portfolio, this one checks all the boxes: dependable income, strong upside, and truly hands-off ownership.
The upper unit is occupied by a CMHA tenant paying $967 per month, providing the kind of guaranteed rental income every investor appreciates—a check showing up month after month like clockwork. The lower unit is vacant and ready for tenant placement, giving you immediate upside and the opportunity to increase your returns right away.
Looking for passive income without the landlord headaches? You're in luck. Professional property management is already in place and willing to stay on, making this about as close to a "buy it and let it work for you" investment as you'll find.
The property has seen numerous updates, including a newer dimensional shingle roof, newer vinyl windows throughout, and updated 100-amp electrical panels. Both units have been improved, and the vacant lower unit showcases gorgeous hardwood floors in the living and dining rooms that tenants are sure to love.
Even better, the property already has its City of Cleveland rental registration and Lead Safe Certification in place, saving the next owner both time and money and making for an easy transition from closing day to collecting rent.
This is the kind of duplex investors chase—guaranteed income, tremendous cash flow potential, professional management, and major compliance items already taken care of. Place a tenant downstairs (or have the current PM do it for you), sit back, and let this property start paying you from day one.
The upper unit is occupied by a CMHA tenant paying $967 per month, providing the kind of guaranteed rental income every investor appreciates—a check showing up month after month like clockwork. The lower unit is vacant and ready for tenant placement, giving you immediate upside and the opportunity to increase your returns right away.
Looking for passive income without the landlord headaches? You're in luck. Professional property management is already in place and willing to stay on, making this about as close to a "buy it and let it work for you" investment as you'll find.
The property has seen numerous updates, including a newer dimensional shingle roof, newer vinyl windows throughout, and updated 100-amp electrical panels. Both units have been improved, and the vacant lower unit showcases gorgeous hardwood floors in the living and dining rooms that tenants are sure to love.
Even better, the property already has its City of Cleveland rental registration and Lead Safe Certification in place, saving the next owner both time and money and making for an easy transition from closing day to collecting rent.
This is the kind of duplex investors chase—guaranteed income, tremendous cash flow potential, professional management, and major compliance items already taken care of. Place a tenant downstairs (or have the current PM do it for you), sit back, and let this property start paying you from day one.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Other
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 128-24-101
Special Listing Condition Standard
Listed by Ian Grame • Key Realty • iangrameREALTOR@gmail.com, 216-882-1056
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