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Mary Markulis

mary.markulis@theagencyre.com +1(330) 618-2118

$ 159,900

Est. payment | -/mo

4 Beds

2 Baths

1,658 SqFt

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$ 159,900

Est. payment | -/mo

Save

4 Beds

2 Baths

1,658 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,658 sqft

Price per Sqft $96

Subdivision Washington Park Blvd Allotm

MLS Listing ID 5238456

Bedrooms 4

Full Baths 2

Construction Status Fixer

HOA Y/N No

Abv Grd Liv Area 1,658

Year Built 1914

Annual Tax Amount $2,725

Tax Year 2025

Lot Size 5,127 Sqft

Acres 0.1177

Property Sub-Type Duplex

Property Description

Fully occupied duplex in Newburgh Heights offering immediate cash flow and an easy transition for the next owner. Each unit is currently rented at $950 per month, generating $1,900 in gross monthly rental income. The property features 4 bedrooms and 2 full bathrooms total, along with a 2-car garage for added tenant convenience. Major mechanical updates include furnaces replaced in 2023 and hot water tanks from 2025 and 2017, helping reduce near-term capital concerns. The property is being sold POS compliant and is currently professionally managed, with the local property manager happy to remain in place for a seamless transition. A straightforward, stabilized investment opportunity for buyers looking to add a performing Cleveland-area duplex to their portfolio.

Location

State OH

County Cuyahoga

Direction North

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage, Paved

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Accessibility None

Private Pool No

Building

Faces North

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Fixer

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 511-11-087

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Michael L Magno • Keller Williams Living • michael@themagnogroup.com, 216-236-8849

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Mary Markulis

Partner | Lic# 2003017990

mary.markulis@theagencyre.com

+1(330) 618-2118

14 1/2 North Main St., Chagrin Falls, OH 44022

4304 Beta AVE Newburgh Heights, OH 44105

Mary Markulis

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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4304 Beta AVE