3554 E 113th ST Cleveland, OH 44105
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,966 sqft
Price per Sqft $55
Subdivision East Blvd
MLS Listing ID 5212003
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,966
Year Built 1920
Annual Tax Amount $937
Tax Year 2025
Lot Size 3,624 Sqft
Acres 0.0832
Property Sub-Type Duplex
Stories Two
Story Two
Property Description
The lower unit is currently occupied by a Section 8 tenant paying $1,100/mo, providing immediate built-in income from day one. Market rents in the area are estimated around $1,200/mo, creating additional rental growth potential over time. The upper unit is close to move-in ready and requires only light finishing touches, giving investors the opportunity to quickly place a new tenant and maximize cash flow.
Recent updates throughout the property help reduce upfront renovation costs and improve long-term investment appeal. The lower unit features updated LVP flooring extending into the bathroom along with a newer vanity, while the upper unit kitchen and bathroom have both been updated with durable LVP flooring. Newer hot water tank (2023), adding value to the property's mechanical systems.
Located in Cleveland, minutes from Washington Reservation, Garfield Park Reservation, and Morgana Run Trail, with convenient access to major roads, public transportation, parks, schools, shopping, dining, and all local amenities.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
With solid rental potential, recent improvements already completed, and limited work needed to finish the upstairs unit, this property presents an excellent opportunity for both seasoned and newer investors seeking steady income and long-term appreciation! Schedule your showing now!
No wholesalers. No Seller financing. No low ball offers.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway, Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 135-11-080
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
NEARBY SCHOOL & BUSINESS
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Emily Shortall
Broker Associate, Agent | OH & WV | License ID: 2015000549,WV0029886