Property Description
9405 Gibson Rd is the definition of affordable cash flow with upside. This duplex features two 2 bed / 1 bath units and is the perfect opportunity for both local and out-of-state investors looking to secure a strong income-producing property in Cleveland's growing rental market.
The property features a lot of cosmetic renovations throughout, giving it strong rental appeal for tenants and investors alike. The lower unit is already rented at $850 per month, creating immediate income from day one, while the additional unit offers added rental potential and future cash flow growth. Seller to replace furnace and hot water tank before close.
At just $129,000, opportunities like this are becoming harder to find. Low entry price, strong rental demand, and excellent income potential make this duplex an ideal addition to any portfolio. Whether you're a seasoned investor or just entering the Cleveland market, this is the type of deal that can produce long-term returns and consistent cash flow. Don't miss your chance to grab this investment before someone else does.
Seller also selling: 3376 East 140th Street, Cleveland, OH, USA & 13302 Beachwood Ave, Cleveland, OH, USA
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.07 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $585 / year
Year Built: 1920
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 135-01-083
Parking: Driveway, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
9405 Gibson Avenue | MLS# 5211965
This multi-family property located at 9405 Gibson Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $129,000. Gibson Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.