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11232 Continental AvenueCleveland, OH 44104

Multi Unit - Multiple MLS 5163054
4 beds 3 full baths 1,728 sqft
Active $91,900
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Listed By

Agency Name: Keller Williams Living
Agency Contact: Journey@journeyhomegroup.net, 440-935-9793

Shown By

Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate

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Property Description

Fantastic investment opportunity in the heart of the appreciating 44104 zip code! This duplex presents a prime value-add play for any investor's portfolio. Each unit features a desirable 2-bedroom, 1-bathroom layout with a functional floor plan. The property requires some TLC and renovations to be rent-ready, but with solid bones and a clear path to improvement, it's the perfect canvas for a savvy buyer looking to capitalize on a property with immense potential. With minimal updates, this duplex is poised to generate significant cash flow. Location is key, and this property is strategically situated just minutes from major employers like the Cleveland Clinic, University Hospitals, and the bustling University Circle area, ensuring a strong and consistent tenant pool. This area also offers a significant opportunity for Section 8 tenants, with local payment standards for a 2-bedroom unit at $1,128, promising reliable and competitive rental income. The neighborhood is experiencing a surge of revitalization, with new construction and renovation projects contributing to rising property values. This is a unique chance to invest in an area on a clear upward trajectory, securing a valuable asset with promising future appreciation. Bring your investors and contractors to explore the incredible potential this property holds. This is an ideal opportunity for a buy-and-hold strategy in a high-demand rental market. Don't miss your chance to transform this diamond in the rough into a top-performing asset. Schedule your showing today

11232 Continental Avenue | MLS# 5163054

This multi-family property located at 11232 Continental Avenue, Cleveland, OH 44104 is currently listed for sale with an asking price of $91,900. Continental Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.leahackerman.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 67
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Other, Slate
Stories: 3.0
Taxes: $1,223 / year
Year Built: 1916

Feature Descriptions

Exterior: Frame, Other, Plaster, Wood Siding
Parcel#: 128-24-065
Parking: None
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Estimate Your Payment

Estimated Payment

$ 577.10 per month $448.38 Principal & Interest $101.92 Property Tax $26.80 Homeowner's Insurance

Change Payment Information

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years/fixed
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yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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