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$ 170,000
Est. payment /mo
New
4718 Gedeon AVE Cleveland, OH 44102
4 Beds
2 Baths
1,561 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,561 sqft
Price per Sqft $108
Subdivision Tomasch
MLS Listing ID 5258856
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,561
Year Built 1920
Annual Tax Amount $1,084
Tax Year 2025
Lot Size 3,497 Sqft
Acres 0.0803
Property Sub-Type Duplex
Property Description
Excellent investment opportunity on Cleveland's west side! This renovated duplex offers two spacious units, each featuring 2 bedrooms and 1 full bathroom. The property has undergone extensive improvements, including a new roof, updated plumbing, new furnaces and ductwork, and updated framing and drywall, providing peace of mind for the next owner. The downstairs unit is currently occupied at $895 per month, with a lease running through November 30, 2027. The upstairs unit is vacant and ready for a new tenant or owner-occupant, with a similar estimated market rent of $895 per month. At full occupancy, the property offers a projected gross rental income of $1,790 per month, or $21,480 annually. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this updated duplex offers a fantastic opportunity on Cleveland's west side!
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
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 Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 016-21-066
Special Listing Condition Standard
Listed by Joshua Janus • Key Realty • josh@janusdevelopment.co, 216-284-6736