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About This Home
This 4-bedroom, 3-bathroom residential multi family at 10222 Parkgate Avenue in Cleveland, OH is listed for $225,000. Built in 1911, on a 0.10 acres lot.
Turnkey, fully renovated duplex offering immediate income and strong cash-flow potential. Upper unit is leased through CMHA Section 8 at $1,326/month. Lower unit is renovated, vacant, and rent-ready with projected rent of approximately $1,200/month, producing estimated gross income of ~$2,526/month (~$30K/year) once stabilized.
Property has been updated throughout with modern kitchens, renovated bathrooms, durable flooring, fresh paint, lighting, and fixtures. Spacious layouts feature large living and dining areas, two bedrooms per unit, and abundant natural light. Covered front porch and upper balcony provide outdoor space, and a driveway offers off-street parking.
Lead-safe certification has been completed in accordance with Cleveland requirements, reducing compliance costs and delays for rental owners. Basement includes updated electrical panels. Separate utilities typical for area. Convenient location with access to public transit, major roadways, employment centers, healthcare, universities, shopping, and neighborhood services - supporting strong tenant demand and consistent occupancy.
Ideal for buy-and-hold investors, portfolio expansion, owner-occupants seeking rental income, or buyers completing a 1031 exchange. Turnkey condition minimizes upfront capital expenditures and simplifies transition to new ownership.
Key Features
- Built in 1911
- 0.10 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
10222 Parkgate Avenue
Cleveland, OH 44108
Superior Park Sub/B Schatzinger
Property Details
Construction
Parking
Heating
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 10222 Parkgate Avenue is listed at $225,000. The estimated monthly payment is $975 based on 20% down at 6.5% interest.
Key features include: Built in 1911, 0.10 acre lot, 3 stories.
This property is listed by John Currid and can be reached at 2164216352 or john@thefreshcoastgroup.com.











