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About This Home
This 3-bedroom, 2-bathroom residential multi family at 4067 E 57TH STREET in CLEVELAND, OH is listed for $120,000 ($91 per sqft). Built in 1900, the home offers 1,320 sqft of living space on a 0.12 acres lot.
Turnkey duplex investment opportunity in Cleveland with strong cash flow potential. The property features major recent updates including new siding, a new back deck, and a fully updated upstairs unit interior.
The first-floor unit is occupied by a long-term tenant currently paying $700/month on a month-to-month lease, offering flexibility for investors. Market rents for the first-floor unit are estimated at $1,000–$1,100/month. The upstairs unit is vacant and recently updated, with projected rents around $800–$900/month.
With pro forma rents approaching $2,000/month, this property presents a strong cash-flow opportunity and meets the criteria many investors look for when building a buy-and-hold rental portfolio. Ideal for house hackers, owner-occupants, or investors seeking a performing duplex with strong upside, easily clearing the 1% rule once the upstairs unit is rented.
Don't miss out on this great opportunity to add a cash-flowing Cleveland rental property to your portfolio.
Key Features
- Built in 1900
- 0.12 acre lot
Property Details
Monthly Cost Estimate
$642/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4067 E 57TH STREET
CLEVELAND, OH 44105
Property Details
Heating
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 4067 E 57TH STREET is listed at $120,000 ($91/sqft). The estimated monthly payment is $520 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.12 acre lot.
This property is listed by Sasha Sample and can be reached at 3308078384 or sasha.sample@cbschmidtohio.com.
