4512 Oak Park AVE new

Cleveland,OH 44109

$ 160000

3 Beds

2 Baths

1187 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,187 sqft

Price per Sqft $134

Subdivision Oak Park Brklter

MLS Listing ID 5167265

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,187

Year Built 1920

Annual Tax Amount $2,809

Tax Year 2024

Lot Size 4,599 Sqft

Acres 0.1056

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

Here's your opportunity to become a real estate investor overnight! This cash-flowing duplex offers lower taxes and a fantastic investment at a reasonable price in Cleveland's desirable Old Brooklyn neighborhood. The vacant downstairs unit features 2 bedrooms and 1 bathroom, while the upstairs unit has 1 bedroom and 1 bathroom and is currently rented for $700/month under a 12-month lease expiring 4/30/26. This property is also ideal for homebuyers looking to live in one unit while generating income from the other, helping offset your mortgage and build equity!

Both units feature luxury vinyl plank flooring throughout, providing modern durability and easy maintenance. Additional highlights include a full basement with laundry area, a large covered front porch, off-street parking, and a fenced-in backyard—perfect for tenants seeking convenience and outdoor space. Estimated market rent for both units totals $1,800/month, with the previous downstairs tenant paying $998/month, demonstrating excellent income potential.

Located in a prime Old Brooklyn location, close to shopping, dining, and major transportation routes, this duplex is highly attractive to tenants. Professional management is in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors!

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Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Laundry Common Area,In Basement

Exterior

Parking Features Driveway

Fence Full

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 011-12-052

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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