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About This Home

This 4-bedroom, 2-bathroom residential multi family at 9220 Adams Avenue in Cleveland, OH is listed for $119,900 ($35 per sqft). Built in 1920, the home offers 3,418 sqft of living space on a 0.10 acres lot.

Agent Description

Attention owner-occupants and investors! Quality duplex will be delivered offering rare flexibility to occupy one or both units or lease at today's strong market rents for maximum cash flow. Includes a vacant lot next door. Easy to show and full of potential, this is an excellent opportunity in a desirable rental market.

Each unit features a smart, well-lit, and comfortable floor plan designed to attract and retain quality tenants. A little cosmetic updating such as paint will go a long way, while improvements have already been completed to maintain the property by a long-term owner-occupant.

Updates include vinyl windows, solid furnaces, and reliable hot water tanks (one replaced in 2020), along with updated electrical panels, some updated plumbing, and glass block basement windows. The roof is approximately 15 years old and believed to be a 30-year shingle.

Additional improvements include some newer concrete & fully fenced yard perfect backyard deck for entertaining. Enjoy outdoor living w/relaxing front porch and second-floor balcony, adding charm & appeal for both owners & tenants. Whether you're looking to live in one unit while the other helps offset your mortgage, or seeking a strong income-producing investment, this duplex offers versatility, solid fundamentals, and long-term upside. No wholesaler/no owner financing.

Key Features

  • Built in 1920
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
2 full
1920

Monthly Cost Estimate

$641/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

9220 Adams Avenue

Cleveland, OH 44108

Features & Amenities

Exterior Features

Balcony

Property Details

Construction

WoodSiding

Parking

Driveway

Heating

Forced AirNatural Gas

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 9220 Adams Avenue is listed at $119,900 ($35/sqft). The estimated monthly payment is $520 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.10 acre lot, 2 stories. Exterior Features: Balcony.

This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.

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CF

Christopher A Frederick

Agent at Coldwell Banker Schmidt Realty

(216) 210-7653

Listed by Coldwell Banker Schmidt Realty

MLS# 5196476· Source: listhub· Updated 14 days ago

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9220 Adams Avenue, Cleveland, OH 44108

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