4265 W 36th StreetCleveland, OH 44109

Property Description

This duplex presents a strong investment opportunity with immediate upside and long-term stability! The lower unit offers 2 beds & 1 bath, while the upper unit features a spacious 3 bed & 1.5 bath, including access to a finished third-floor attic space that can function as an additional bedroom, office, or flex space. Both units include spacious living rooms, functional kitchens & adjoining dining areas. The property also features a full basement, ideal for additional storage or future value-add potential, along with a 2-car detached garage with durable vinyl siding, adding further convenience and appeal. The lower unit is currently tenant occupied, the rent is at $972 per month, lease is through 3/31/27. The upper unit is currently vacant and the market rent is $1,103 per month. The property has updates, including aluminum siding, a younger roof & vinyl windows. Extensive porch repairs have been completed, enhancing both curb appeal and structural integrity. The upper unit has recently undergone a full rent-ready turnover, including fresh interior paint, new carpet throughout & completion of deferred maintenance items, allowing for a smooth transition to a new tenant. Additionally, the property includes a lead clearance certification to be provided at closing. Located in Cleveland with convenient access to major roads, public transportation, shops, food, parks, schools & everyday amenities, this property benefits from strong rental demand in a highly accessible area. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Whether you're looking to expand your portfolio with stabilized asset or secure your first income-producing property with upside, this duplex offers a compelling blend of cash flow, improvements & future potential! No wholesalers. No Seller financing. No low ball offers.

Property Features

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