Listed By
Agency Name: Chosen Real Estate Group
Agency Contact: 330-249-3499, office@chosenrealtyco.com
Shown By
Agent Name: Leslie Yoder
Agent Phone: (330) 418-3627
Agency Title: Cutler Real Estate
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Property Description
Turnkey cash-flowing duplex in Cleveland fully renovated in 2023 and ready for immediate returns. This well-maintained two-family property that is fully rented with long-term leases in place minimizing vacancy risk and ensuring consistent income. The upstairs unit is rented for 1,150/month with a 3-year lease in place, while the downstairs unit is an Eden-supported tenant generating 1,170/month (958 Eden + 212 tenant portion) with a 3-year lease, bringing total monthly income to 2,320 (27,840 annually). The property has been updated with new furnaces and hot water tanks, offering low maintenance and reduced capital expenditures. Additional highlights include a dry basement, solid overall condition, and all appliances owned by the seller and included in the sale. Offered at 209,000, this is an easy, turnkey investment ideal for investors seeking stable, long-term cash flow with minimal upfront work. Property is being sold as-is as part of a package with 3568 West 67th Street, Cleveland, OH 44102, creating an opportunity to acquire multiple performing assets with strong income already in place.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Days on Market: 105
Garage: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,169 / year
Year Built: 1924
Feature Descriptions
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 113-23-013
Parking: Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,103.39 per month $873.06 Principal & Interest $180.75 Property Tax $49.58 Homeowner's InsuranceChange Payment Information
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1222 E 172nd Street | MLS# 5196692
This multi-family property located at 1222 E 172nd Street, Cleveland, OH 44119 is currently listed for sale with an asking price of $169,997. E 172nd Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on lyoder.cutlerhomes.com today.