1108 E 143rd StreetCleveland, OH 44110

Property Description

Investor Special! This cash-flow opportunity features a spacious two-family property with significant upside potential and room to increase value. Situated on an oversized lot that extends well beyond the typical rear property line, the home enjoys added privacy with no neighboring property on one side or directly behind. Major capital improvements have already been completed by previous owners, including newer siding, roof, both furnaces, both hot water tanks, and both electrical panels - helping reduce immediate maintenance expenses and preserve cash flow. More recent updates include: a new garage door (2025), exterior paint (2025), new hot water tank (2025), new downstairs toilet (2025), new downstairs gas stove (2025), and many more minor cosmetic upgrades. Each of the first and second-floor units offers an identical layout featuring a large living room with a bay window, formal dining room with built-ins, updated kitchen with newer cabinetry and tile flooring, two generously sized bedrooms, an updated full bath, and covered rear porch access. The UP unit currently includes the finished third level, which offers one additional bedroom and an updated half bath. With separate front and rear entrances serving all three levels, the third floor presents a compelling value-add opportunity and may lend itself to conversion into a third unit, subject to buyer due diligence and local approvals. The full-footprint basement with glass block windows is already partitioned and offers additional potential for storage or tenant amenities. Conveniently located near shopping, parks, and major highways, this property is ideal for investors seeking a well-maintained asset with strong income potential, value-add opportunities, and multiple paths to increase returns. This property is already LEAD SAFE CERTIFIED by the City of Cleveland and simply waiting for the next owner to start cash-flowing! Ask your Realtor for a video tour.

Property Features

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