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Mike Ferrante

mike@21mike.com +1(216) 373-7727

$ 399,000

Est. payment | -/mo

5 Beds

2 Baths

4,484 SqFt

Save

$ 399,000

Est. payment | -/mo

Save

5 Beds

2 Baths

4,484 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,484 sqft

Price per Sqft $88

Subdivision James M Hoyts Allotment

MLS Listing ID 5234596

Bedrooms 5

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 3,075

Year Built 1850

Annual Tax Amount $5,853

Tax Year 2025

Lot Size 7,156 Sqft

Acres 0.1643

Property Sub-Type Duplex

Property Description

Exceptional investment opportunity! Located in the heart of Cleveland's highly sought-after Tremont neighborhood, this well-maintained duplex combines comfortable living spaces with immediate cash flow and long-term investment potential. Currently operated as a room-sharing rental with four of the five bedrooms occupied, this income-producing property offers immediate rental income with the opportunity to increase revenue by leasing the remaining vacant bedroom. The first-floor unit features 2 Bedrooms, 1 Full Bathroom, a spacious Formal Living Room, Dining Room, Functional Kitchen, and a Large Front Porch. The second-floor unit offers 3 Bedrooms, 1 Full Bathroom, an Open-Concept Layout with a spacious Living Room, an Open Kitchen featuring a Center Island, a dedicated Laundry Room and a Private Balcony. Situated on a corner lot at the end of a dead-end street, this property offers added privacy with a fully Fenced Backyard featuring a Privacy Fence. A detached Two-Car Garage provides additional convenience and storage, plus additional Off-Street Parking. Recent improvements include a new Electrical Panel (2023), Whole-House Insulation (2022), a new upstairs Central Air Conditioning Unit (2022), an additional Central Air Conditioning Unit, Roof, Furnace, and Water Heater all approximately 6+ years old, and Replacement Windows approximately 10+ years old. Conveniently located near Downtown Cleveland, MetroHealth Medical Center, Lincoln Park, Steelyard Commons, restaurants, shopping, entertainment, schools, major highways, and everything Tremont has to offer. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers immediate cash flow, future income potential, and a prime location in one of Cleveland's most desirable neighborhoods. Property is Tenant-Occupied. Minimum 48-hour notice is required for all showings. Don't miss this outstanding investment opportunity—schedule your private showing today!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s), Kitchen Island

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry In Basement

Exterior

Exterior Feature Balcony

Parking Features Detached, Garage, Off Street

Garage Spaces 2.0

Garage Description 2.0

Fence Back Yard, Privacy

Water Access Desc Public

Roof Type Asphalt,Shingle

Porch Balcony

Private Pool No

Building

Lot Description Corner Lot, Dead End

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 008-12-021

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Michelle E Davis • DreamTeam Realty, Inc. • mdavis.dreamteam@gmail.com, 216-323-0989

Schools and Properties Nearby

Mike Ferrante

Broker Associate

+1(216) 373-7727 | mike@21mike.com

3174 W 14th ST Cleveland, OH 44109

Mike Ferrante

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

3174 W 14th ST