3544 E 118th ST Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,926 sqft
Price per Sqft $15
Subdivision Union-Rice
MLS Listing ID 5141620
Bedrooms 5
Full Baths 2
Year Built 1920
Annual Tax Amount $996
Tax Year 2024
Lot Size 4,373 Sqft
Property Sub-Type Duplex
Property Description
Calling all investors and rehabbers! This duplex is a rare opportunity to bring a distressed property back to life and build serious equity. The layout features a 3-bedroom unit upstairs and a 2-bedroom unit downstairs, offering strong cash flow potential once fully renovated. Please note: the lower unit has sustained fire damage and the property will require a full rehab—perfect for experienced investors ready to tackle a high-upside project.
Located in a high-demand rental area with strong Section 8 voucher rates, this property is primed for long-term cash flow or a profitable flip. With two spacious units and separate entrances, it's ideal for attracting quality tenants after renovation. The duplex layout also provides flexibility in rental strategies, whether you're looking to house hack, lease both units, or sell at a profit.
Conveniently situated near major highways, schools, hospitals, restaurants, and shopping, this location checks all the boxes for tenants and future buyers. Deals like this don't come around often—bring your vision and make this your next big win!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Driveway
Roof Type Asphalt,Shingle
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional