798 Wayside Rd, Cleveland, OH 44110: An Affordable Duplex Opportunity for Investors and Owner-Occupants
798 Wayside Rd, Cleveland, OH 44110: An Affordable Duplex Opportunity for Investors and Owner-Occupants
By Mike Ferrante, Broker Associate, Mike Team at LPT Realty
Multifamily Opportunities Under $100,000 Are Becoming Rare
Finding a duplex in Cleveland for under $100,000 isn't as easy as it once was. That's why investors and buyers looking to offset their housing costs may want to take a closer look at 798 Wayside Rd, Cleveland, OH 44110.
Listed at $90,000, this two-family property offers the flexibility that many buyers are searching for in today's market. Whether you're an experienced investor looking to add another rental property to your portfolio or a first-time buyer interested in house hacking, this property presents an opportunity worth exploring.
A Blank Slate with Income Potential
One of the biggest advantages of this duplex is that both units are currently vacant.
For investors, that means you won't inherit tenants or existing lease agreements. Instead, you'll have the freedom to make any desired improvements, establish your own rental strategy, and place tenants that meet your criteria.
For owner-occupants, the setup offers a classic house-hacking opportunity. Living in one unit while renting the other can help offset monthly housing expenses and create a pathway toward building long-term wealth through real estate ownership.
Property Features That Add Value
The property includes a total of four bedrooms and two bathrooms spread across two units, providing practical living space for future tenants or owner-occupants.
Additional features include a two-car garage, an unfinished basement for storage, and a manageable city lot. These features can be attractive to renters who value off-street parking and additional storage space, helping the property stand out from competing rental options.
While the home could benefit from some minor repairs and finishing touches, many investors specifically look for properties that offer room for improvement. Strategic updates can often increase rental appeal and potentially improve future returns.
Why Cleveland Investors Continue to Watch Multifamily Properties
Duplexes have remained popular among real estate investors because they provide multiple income streams from a single property.
Many investors appreciate the potential to reduce vacancy risk compared to a single-family rental. When one unit becomes vacant, income from the second unit can continue to help cover expenses. For newer investors, a duplex can also be an excellent way to gain experience managing rental property without purchasing a larger apartment building.
Properties at accessible price points often attract attention from both local and out-of-state investors looking to establish or expand their Cleveland-area portfolios.
Convenient Cleveland Location
Located in Cleveland's 44110 zip code, 798 Wayside Rd offers access to major transportation routes, employment centers, shopping, and neighborhood amenities.
For renters, convenience is often a major factor when choosing where to live, making location an important piece of the overall investment picture. Properties that combine affordability with accessibility frequently remain in demand among tenants and owner-occupants alike.
Final Thoughts
At $90,000, 798 Wayside Rd offers a combination of affordability, flexibility, and income potential that can be difficult to find in today's market.
With both units vacant, a two-car garage, four total bedrooms, and the opportunity to add value through improvements, this duplex deserves consideration from investors and owner-occupants alike.
If you'd like more information about this property or would like to schedule a showing, contact Jad Sandi with LPT Realty at SandiRealEstate@yahoo.com. You can also call the Mike Team at 216-373-7727 for assistance with this property or any of your Northeast Ohio real estate needs. Visit www.21mike.com and subscribe to Mike's YouTube channel for market updates, investment insights, and the latest Northeast Ohio real estate opportunities.
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