Property Description
Turnkey duplex investment opportunity at 7814 Lawn Ave in Cleveland generating $1,200 per month in rental income, with each unit currently renting for $600. The property offers excellent flexibility for investors, as leases are transitioning to month-to-month, including one unit with a lease ending in May that will convert to month-to-month, allowing for potential rent increases or repositioning. Recent updates include a roof reshingled in late 2025 with chimney repairs completed, along with a newly replaced backyard door. This is a solid cash-flowing asset with upside potential, ideal for investors looking to stabilize and grow returns. Conveniently located near I-480, I-77, and I-71, with easy access to Downtown Cleveland, Steelyard Commons, Cleveland Metroparks, and major shopping, dining, and employment centers, making it an attractive option for tenants.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Basement: Yes
Cooling: None
Days on Market: 30
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,771 / year
Year Built: 1890
Feature Descriptions
Exterior: Vinyl Siding
Laundry: Common Area
Parcel#: 006-04-056
Parking: None
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
7814 Lawn Avenue | MLS# 5203191
This multi-family property located at 7814 Lawn Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $109,000. Lawn Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.