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About This Home
This 5-bedroom, 2-bathroom residential multi family at 4148 Carlyle Avenue in Cleveland, OH is listed for $180,000 ($101 per sqft). Built in 1910, the home offers 1,780 sqft of living space on a 0.11 acres lot.
Investor opportunity! This fully rented duplex is a strong cash-flowing asset generating $2,410 in monthly rental income with low operating expenses, including seller-paid taxes of just $168.75/month and water/sewer averaging approximately $82/month. The front unit features 4 bedrooms total (2 on the main level and 2 upstairs) and is occupied by a
long-term CMHA tenant paying $1,410/month, who has been in place for several years and would love to remain, plus a lease secured through 8/11/26 for added income stability. The rear unit offers convenient single-floor living with 1 bedroom, living room, and an eat-in kitchen, currently rented at $1,000/month private pay on a month-to-month basis.
Major updates include a new roof (2022) and a new furnace in the front unit (2026), helping reduce future capital expenses. A pre-inspection has been completed and is available upon request, with most repair items already addressed. A true cash-producing investment property ready to perform from day one!
Key Features
- Built in 1910
- 0.11 acre lot
Property Details
Monthly Cost Estimate
$963/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4148 Carlyle Avenue
Cleveland, OH 44109
Selden
Property Details
Construction
Parking
Heating
Questions & Answers
This 5-bedroom, 2-bathroom residential multi family at 4148 Carlyle Avenue is listed at $180,000 ($101/sqft). The estimated monthly payment is $780 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.11 acre lot.
This property is listed by Theresa M Seese and can be reached at 2166661411 or Theresa@sellwithseese.com.
