3746 W 140th Street, Cleveland, OH 44111

$164,900
3
BD
2
BA
1,455
SqFt

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List Price
$164,900
Status
ACTIVE
Days on Market
1
MLS#
5232002
Subtype
Residential Income
Year Built
1925
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,455
Acres
0.13
Subdivision
Lorain Gardens
Neighborhood
Lorain Gardens
MLS Area Major
Cleveland

Property Description

This cash-flowing duplex is an excellent opportunity for investors looking to expand their portfolio with an income-producing property that offers immediate returns and future upside. Featuring two fully occupied units, the lower unit offers 2 bedrooms and 1 full bathroom, while the upper unit features 1 bedroom and 1 full bathroom. Both units include spacious living rooms, functional kitchens, and practical layouts designed for comfortable everyday living. The shared basement provides additional storage space along with value-add potential for future improvements. The property is fully tenant occupied, generating immediate rental income. The lower unit rents for $1,050 per month with a lease in place through 02/28/2027, while the upper unit rents for $680 per month with a lease through 08/31/2026, providing reliable cash flow from day one. Additional improvements include younger furnaces, updated ductwork, younger water heaters, durable vinyl siding, and a combination of hardwood and luxury vinyl plank flooring throughout, helping minimize future maintenance while enhancing tenant appeal. With instant equity, stable occupancy, and strong income potential, this duplex is a smart investment for both seasoned and first-time investors. Conveniently located in Cleveland with easy access to I-71 and I-90, the property is close to major roads, public transportation, shopping, restaurants, schools, parks, and all the everyday amenities tenants are looking for! 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 grow your rental portfolio or secure a property with immediate cash flow and long-term appreciation potential, this duplex is an opportunity you won’t want to miss. Schedule your showing! No wholesalers. No Seller financing. No low ball offers.

Additional Information

Taxes
$2,566
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway
School District
Cleveland Municipal - 1809

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

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