Welcome to one of Cleveland's most compelling investment opportunities — a fully renovated 7-bedroom duplex near the heart of Ohio City, one of the city's hottest rental markets. This property isn't just move-in ready, it's income-ready, backed by hard data: AirDNA awarded this submarket a 95 Submarket Score, placing it among the strongest short-term rental markets in Cleveland.
Two units, two income streams, maximum flexibility. The larger side features a spacious 5 bed/2 bath sleeping up to 10, while the second unit offers a comfortable 2 bed/1 bath sleeping up to 6. Both have been fully renovated with updated plumbing, electrical, kitchens, bathrooms, new carpeting, and fresh interior and exterior paint. No deferred maintenance, just turnkey units primed to perform. As a short-term rental, combined projections exceed $72,000 annually. Long-term rental income projects at $3,500–$3,700/month — up to $44,400/year. Comparable STRs nearby are already clearing $26,000–$55,000-plus with occupancy as high as 85%. Plus, this property already recently appraised for $375k. Minutes from MetroHealth, downtown Cleveland, and the West Side Market, this property benefits from consistent year-round demand that keeps vacancy low and rents rising. Run both units, house-hack while your tenant covers the mortgage, or plug into a proven STR market from day one. Two income streams, one address, zero deferred maintenance. Schedule your private tour today.
32 days
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500
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33
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Zillow last checked:
Listing updated:
Listed by:
Gabriel Newberry216-252-6580marketing@lokalrealestate.com,
Lokal Real Estate, LLC.,
Valerie Flores216-272-3640,
Lokal Real Estate, LLC.
Source: MLS Now,MLS#: 5220828Originating MLS: Akron Cleveland Association of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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