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Ray Griggy

ray.griggy@gmail.com +1(330) 518-6311

$ 165,000

Est. payment -/mo

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10103 Lamontier AVE Cleveland, OH 44104

6 Beds

2 Baths

1,754 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,754 sqft

Price per Sqft $94

MLS Listing ID 5219744

Bedrooms 6

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,754

Year Built 1920

Annual Tax Amount $2,529

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

Portfolio builders and out-of-state investors: look no further for a high-performing, low-maintenance asset. This up-and-down Cleveland duplex is the ultimate hands-off investment property, offering heavy capital improvements, Lead Paint Certified status, and an unbeatable rent-to-value ratio. The upper unit is a spacious four-bedroom layout optimized for immediate cash flow, actively rented through October 30th, 2026, for $1,100 per month with professional management in place - offering massive upside with potential voucher rents commanding $1,400–$1,500. The expensive, big-ticket mechanical and structural items are completely done. The property features a new roof (2022), durable vinyl siding, and all-newer energy-efficient windows. Downstairs, the basement infrastructure is entirely refreshed with updated plumbing, updated electrical, two newer furnaces, updated ductwork, and two newer hot water tanks, ensuring hassle-free, separate utility management with strong Section 8 potential. While the upstairs unit provides reliable, in-place returns from day one, the downstairs unit sits vacant, beautifully remodeled, and rent-ready to command top market value. It features brand-new drywall, fresh neutral paint, durable flooring, and modern fixtures, anchored by a fully remodeled kitchen featuring a 2022 appliance package - including a refrigerator, oven, and microwave - and a crisp, updated full bath. Perfectly situated in Woodland Hills just minutes from a major hospital system, this location guarantees consistent rental demand. With the heavy lifting completed, lead certification secured, appliances in place, professional management established, and a vacant unit ready to be filled immediately, this turnkey cash cow is ready for you to acquire today and collect tomorrow. Schedule your showing before this seamless investment is gone!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Microwave, Range, Refrigerator

Exterior

Parking Features Driveway, Paved

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 128-13-105

Security Features Security System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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

Listed by Victoria Wallis • RE/MAX Crossroads Properties • victoriawallis@remax.net, 330-819-8216

Ray Griggy

Agent | License ID: sal.2017004064

+1(330) 518-6311 | ray.griggy@gmail.com

Ray Griggy

10103 Lamontier AVE Cleveland, OH 44104

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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10103 Lamontier AVE