Turnkey cash-flowing 3-unit investment opportunity in Cleveland featuring two properties on one lot. The front building is a fully renovated duplex (2023) with both units occupied by reliable tenants, including Section 8 income for added stability. The upstairs unit rents for $1,170/month with a lease through March 2027, while the… Read More downstairs unit generates $1,310/month ($921 tenant + $389 Section 8) with a lease through April 2028. The rear single-family home is in good condition and rents for $900/month with a lease in place through 2028. Both the duplex and single-family home have newer furnaces and hot water tanks, minimizing near-term capital expenses. The property produces $3,380/month ($40,560 annually) in gross rental income and offers immediate cash flow with long-term tenants already in place. This is a low-maintenance, stabilized asset ideal for investors seeking consistent returns. Property is being sold as a package with a cash flowing duplex at1222 E 172nd St, Cleveland, OH 44119. Read Less
Courtesy of Chosen Real Estate Group and Nicholas J Huscroft
Listing Snapshot
Days Online
8
Last Updated
Property Type
Triplex
Beds
6
Full Baths
3
Lot Size
0.14 Acres
Year Built
1914
MLS Number
5196564
30 Days Snapshot Of 44102
$131k
-77%
(avg) sold price
2
+100%
homes sold
33
-35%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range
Basement
Full
Building
Built in 1914, Construction materials: VinylSiding, Levels: ThreeOrMore, Living area units: SquareFeet, 2 buildings
Heating
ForcedAir
Lot
0.1414 acres
Parking
NoGarage, Paved
Roof
Asphalt, Fiberglass
Sewer
PublicSewer
Taxes
Year: 2025
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes-MLS. Real estate listings held by brokerage firms other than Keller Williams Legacy Group Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker(s). Information is deemed reliable but not guaranteed. Listings last updated . Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
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