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$ 225,000
Est. payment /mo
Price Dropped by $25K
10222 Parkgate AVE Cleveland, OH 44108
4 Beds
3 Baths
4,399 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Superior Park Sub/B Schatzinger
MLS Listing ID 5195105
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1911
Annual Tax Amount $1,321
Tax Year 2025
Lot Size 4,399 Sqft
Acres 0.101
Property Sub-Type Duplex
Property Description
Turnkey, fully renovated duplex offering immediate income and strong cash-flow potential. Upper unit is leased through CMHA Section 8 at $1,326/month. Lower unit is renovated, vacant, and rent-ready with projected rent of approximately $1,200/month, producing estimated gross income of ~$2,526/month (~$30K/year) once stabilized.
Property has been updated throughout with modern kitchens, renovated bathrooms, durable flooring, fresh paint, lighting, and fixtures. Spacious layouts feature large living and dining areas, two bedrooms per unit, and abundant natural light. Covered front porch and upper balcony provide outdoor space, and a driveway offers off-street parking.
Lead-safe certification has been completed in accordance with Cleveland requirements, reducing compliance costs and delays for rental owners. Basement includes updated electrical panels. Separate utilities typical for area.
Convenient location with access to public transit, major roadways, employment centers, healthcare, universities, shopping, and neighborhood services — supporting strong tenant demand and consistent occupancy.
Ideal for buy-and-hold investors, portfolio expansion, owner-occupants seeking rental income, or buyers completing a 1031 exchange. Turnkey condition minimizes upfront capital expenditures and simplifies transition to new ownership.
Property has been updated throughout with modern kitchens, renovated bathrooms, durable flooring, fresh paint, lighting, and fixtures. Spacious layouts feature large living and dining areas, two bedrooms per unit, and abundant natural light. Covered front porch and upper balcony provide outdoor space, and a driveway offers off-street parking.
Lead-safe certification has been completed in accordance with Cleveland requirements, reducing compliance costs and delays for rental owners. Basement includes updated electrical panels. Separate utilities typical for area.
Convenient location with access to public transit, major roadways, employment centers, healthcare, universities, shopping, and neighborhood services — supporting strong tenant demand and consistent occupancy.
Ideal for buy-and-hold investors, portfolio expansion, owner-occupants seeking rental income, or buyers completing a 1031 exchange. Turnkey condition minimizes upfront capital expenditures and simplifies transition to new ownership.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
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 109-09-008
Special Listing Condition Standard
Listed by John Currid • WR Western Reserve Real Estate • john@thefreshcoastgroup.com, 216-421-6352