Listed By
Agency Name: McDowell Homes Real Estate Services
Agency Contact: Theresa@sellwithseese.com, 216-666-1411
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
Investor opportunity! This fully rented duplex is a strong cash-flowing asset generating $2,410 in monthly rental income with low operating expenses, including seller-paid taxes of just $168.75/month and water/sewer averaging approximately $82/month. The front unit features 4 bedrooms total (2 on the main level and 2 upstairs) and is occupied by a long-term CMHA tenant paying $1,410/month, who has been in place for several years and would love to remain, plus a lease secured through 8/11/26 for added income stability. The rear unit offers convenient single-floor living with 1 bedroom, living room, and an eat-in kitchen, currently rented at $1,000/month private pay on a month-to-month basis. Major updates include a new roof (2022) and a new furnace in the front unit (2026), helping reduce future capital expenses. A pre-inspection has been completed and is available upon request, with most repair items already addressed. A true cash-producing investment property ready to perform from day one!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 4
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 1.0
Taxes: $2,028 / year
Year Built: 1910
Feature Descriptions
Exterior: Vinyl Siding
Fencing: Fenced
Parcel#: 015-01-112
Parking: Driveway, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,099.72 per month $878.22 Principal & Interest $169.00 Property Tax $52.50 Homeowner's InsuranceChange Payment Information
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4148 Carlyle Avenue | MLS# 5184444
This multi-family property located at 4148 Carlyle Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $180,000. Carlyle Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.leahackerman.com today.