Fully occupied duplex in Newburgh Heights offering immediate cash flow and an easy transition for the next owner. Each unit is currently rented at $950 per month, generating $1,900 in gross monthly rental income. The property features 4 bedrooms and 2 full bathrooms total, along with a 2-car garage for added tenant convenience. Major mechanical updates include furnaces replaced in 2023 and hot water tanks from 2025 and 2017, helping reduce near-term capital concerns. The property is being sold POS compliant and is currently professionally managed, with the local property manager happy to remain in place for a seamless transition. First floor unit will be vacant in October allowing for a great house hack opportunity as well. A straightforward, stabilized investment opportunity for buyers looking to add a performing Cleveland-area duplex to their portfolio. End buyers only, no assignments, no creative financing.
| MLS # | 5238456 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1914 |
| Days On Site | 47 |
| Listing Provided By | Keller Williams Living | Michael L Magno |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,658 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Building(s) | 1 |
| Acreage | 0.12 |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage, Paved |
| Tax Annual Amount | 2725 |
|---|
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Newburgh Heights |
| Zip Code | 44105 |
| Community Name | Washington Park Blvd Allotm |
| Listing VS Median (in Washington Park Blvd Allotm) | |
Price: $159,900 low | high Med: $159,900 sqft: 1,658 low | high Med: 1,658 $ / sqft: $96 low | high Med: $96 On site: 47 low | high Med: 47 | |
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Newburgh Heights |
| Zip Code | 44105 |
| Community Name | Washington Park Blvd Allotm |
| Listing VS Median (in Washington Park Blvd Allotm) | |
Price: $159,900 low | high Med: $159,900 sqft: 1,658 low | high Med: 1,658 $ / sqft: $96 low | high Med: $96 On site: 47 low | high Med: 47 | |