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1639 Avalon Road

Cleveland, OH 44112
  • $120,000
  • STATUS: Active Under Contract
  • ON SITE: 245 Days
  • MLS #: 5130424
Under Contract
UPDATED: 99 min ago
$120,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,320
    SQFT
  • $52
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:
Area:

School Ratings & Info

School District:

Description

Turn-Key 2-Family Investment with Strong Rental Appeal This newly rehabbed and fully leased 2-family property is a perfect long-term hold. Major improvements include a brand-new roof and new hot water tanks, giving investors peace of mind and reduced maintenance costs for years to come. Each unit showcases desirable features tenants love: a spacious living room with fireplace, a formal dining room with built-ins, and generously sized bedrooms. The upstairs unit is expanded with a finished 3rd floor, creating a highly attractive 3-bedroom layout for added rental income potential. Backing directly onto Duggan Park, tenants enjoy access to a pool, splash park, and basketball courts, while being just minutes from shopping, schools, bus routes, and other everyday amenities. With modern updates, strong tenant demand, and an ideal location, this property offers investors steady cash flow, low-maintenance ownership, and long-term appreciation potential. Rental income is $900 for the Downstairs Unit and $1200 for the Upstairs Unit making the Total Gross Rental Income $2100 per month. Please NO wholesaling, assignments or seller/creative financing.

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www.clevelandhomefinder.com/homes/164770946
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1639 Avalon Road Cleveland, OH 44112

  • Price: $120,000
  • Status: Active Under Contract
  • On Site: 245 Days
  • Updated: 99 min ago
  • MLS #: 5130424
5
Beds
2
Baths
0
½ Baths
0.1
Acres
2,320
SQFT
$52
$/SQFT
1937
Built
Neighborhood:
Euclid Lawn
County:
Cuyahoga
Area:
Cleveland
School District:
Cleveland Municipal - 1809
Property Description
Turn-Key 2-Family Investment with Strong Rental Appeal This newly rehabbed and fully leased 2-family property is a perfect long-term hold. Major improvements include a brand-new roof and new hot water tanks, giving investors peace of mind and reduced maintenance costs for years to come. Each unit showcases desirable features tenants love: a spacious living room with fireplace, a formal dining room with built-ins, and generously sized bedrooms. The upstairs unit is expanded with a finished 3rd floor, creating a highly attractive 3-bedroom layout for added rental income potential. Backing directly onto Duggan Park, tenants enjoy access to a pool, splash park, and basketball courts, while being just minutes from shopping, schools, bus routes, and other everyday amenities. With modern updates, strong tenant demand, and an ideal location, this property offers investors steady cash flow, low-maintenance ownership, and long-term appreciation potential. Rental income is $900 for the Downstairs Unit and $1200 for the Upstairs Unit making the Total Gross Rental Income $2100 per month. Please NO wholesaling, assignments or seller/creative financing.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Wood Siding Fencing Chain Link Wood Garage YN Yes Levels Three Or More Lot Features City Lot Rectangular Lot Parking Features Driveway Detached Garage Pool Features Community Roof Asphalt Fiberglass Waterfront YN No

Interior Features

Basement Full Unfinished Basement YN No Cooling None Cooling YN No Heating Forced Air Heating YN Yes Main Level Bathrooms 0

Property Features

Above Grade Finished Area 2320 Community Features Playground Park Pool Direction Faces West Home Warranty YN No Listing Terms Cash Conventional Owner Pays Sewer Trash Collection Water Property Sub Type Duplex Sewer Public Sewer Tax Annual Amount 1052.06 Tenant Pays Electricity Gas Township Cleveland View City View YN Yes Water Source Public

 
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Howard Hanna
8396 Mentor Ave.
Mentor OH, 44060