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About This Home

This 5-bedroom, 2-bathroom residential multi family at 701 E 157th Street in Cleveland, OH is listed for $164,900. Built in 1918, on a 0.12 acres lot.

Agent Description

Welcome to this solid income-producing duplex in Cleveland, offering a great opportunity for investors or owner-occupants looking to house hack. This well-maintained property features two spacious units with several recent updates, making it a great addition to a rental portfolio or a smart first step into real estate investing.

The first-floor unit offers 2 comfortable bedrooms, updated flooring, fresh paint, and an updated bathroom, creating a clean and move-in ready living space. The second-floor unit features 3 bedrooms, including a unique loft-style bedroom that adds character and flexibility for tenants needing extra space for an office, studio, or additional sleeping area.

Both units have been refreshed with updated flooring, renovated bathrooms, and fresh paint throughout, giving the property a modern feel while maintaining its classic charm. Tenants will also enjoy two enclosed porches, perfect for relaxing or additional storage space.

Major improvements have already been completed, including a new roof, new hot water tanks, and a brand-new high-efficiency furnace, helping reduce maintenance concerns for the next owner. The home also features vinyl windows and a newly built rear porch, adding to the property's durability and curb appeal. This duplex presents a strong opportunity to generate rental income while building long-term equity in a growing Cleveland market.

Key Features

  • Built in 1918
  • 0.12 acre lot
  • 3 stories

Property Details

3 stories
2 full
1918

Monthly Cost Estimate

$882/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48

Estimates only. Actual payments may vary.

Location

701 E 157th Street

Cleveland, OH 44110

Williams Packard Frost & Other

Property Details

Construction

VinylSiding

Parking

Garage

Heating

Forced Air

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 701 E 157th Street is listed at $164,900. The estimated monthly payment is $715 based on 20% down at 6.5% interest.

Key features include: Built in 1918, 0.12 acre lot, 3 stories.

This property is listed by Kquawan Brown and can be reached at 2162724616 or kquawanbrown@kw.com.

KB

Kquawan Brown

Agent at Keller Williams Greater Metropolitan

(216) 272-4616

Listed by Keller Williams Greater Metropolitan

MLS# 5192754· Source: listhub· Updated 18 days ago

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701 E 157th Street, Cleveland, OH 44110

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