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11701 Gay Avenue, Cleveland
$154,900
6 Beds ⋅ 2 Baths ⋅ 5250911 MLS
Welcome to 11701 Gay Ave, a fully remodeled duplex in 44105 with serious cash flow potential built right in. With CMHA's rent standard at $1,559 per unit, this property offers the potential to generate over $3,000 a month in rent, making it a standout income opportunity from day one. This duplex features two big 3 bedroom units, completely renovated top to bottom, including a new furnace, new water tank, new electrical, and a new roof in each unit, along with a full interior remodel throughout. Every major system has been replaced, offering true turnkey ownership with minimal maintenance for years to come. A finishable attic adds even more upside, with the rare opportunity to convert this duplex into a triplex and boost income potential further. Priced to move at $159,900, this property comes in well under a recent comparable sale directly across the street, which closed at $165,000. Big 3 bedroom units, all new mechanicals, expansion potential, and standout rental numbers make this a rare find that won't last long. Schedule your showing today.

11701 Gay Avenue, Cleveland

Listing Courtesy of: Aiden Avtgis, sellwithaiden@gmail.com With RE/MAX Infinity

3611 E 116th Street, Cleveland
$175,500
6 Beds ⋅ 2 Baths ⋅ 5246465 MLS
Strong turnkey investment opportunity at 3611 E 116th Street in Cleveland. This duplex features two 3-bedroom, 1-bath units and is being delivered vacant and rent ready, allowing the next owner to immediately lease the property at current market rents. The property is underwritten at $2,740 per month in combined HUD Fair Market Rent, offering strong income potential with an estimated 12.22% cap rate. The property is Lead Safe Certified and has already received significant improvements, helping reduce near-term deferred maintenance and providing a more streamlined ownership experience. Additional value-add potential exists in the upper unit, where a full walk-up third-floor attic with a permanent staircase creates an opportunity to potentially convert the unit from a 3-bedroom to a 4-bedroom layout, allowing an investor to pursue a higher HUD rental tier without expanding the building footprint. Located in Cleveland's 44105 ZIP code, the property offers convenient access to I-77, I-490, the Opportunity Corridor, University Circle, Cleveland Clinic, shopping, public transportation, and other major employment and amenity centers. This property is also available as part of an attractive four-duplex, eight-unit Cleveland investment portfolio offered at $702,000. The portfolio includes 15332 Welton Dr, 3611 E 116th St, 9223 Adams Ave, and 10906 Nelson Ave, with more than $120,000 in capital improvements completed across the portfolio, including a combination of roofs, furnaces, hot water tanks, Lead Safe certifications, plumbing and sewer work, porches, gutters, windows, cabinets, appliances, and interior improvements. For investors looking to expand their Cleveland rental portfolio, 3611 E 116th offers a compelling combination of turnkey condition, strong projected rental income, Lead Safe certification, and additional value-add potential, while the full portfolio provides the opportunity to acquire eight units at scale.

3611 E 116th Street, Cleveland

Listing Courtesy of: Kim Lewis, kim.lewis@heqrealty.com With Home Equity Realty Group

3659 E 116th Street, Cleveland
$125,000
4 Beds ⋅ 2 Baths ⋅ 5227647 MLS
Turnkey Duplex Investment Opportunity! This well-maintained duplex offers an excellent opportunity for both investors and owner-occupants. One unit is currently tenant-occupied, providing immediate rental income, while the second unit is vacant and ready for a new tenant or an owner looking to offset their mortgage through house hacking. The property is in solid, turnkey condition with only minor cosmetic updates needed, making it an ideal addition to any investment portfolio. Whether you're a seasoned investor seeking cash flow or a buyer looking to live in one unit while generating income from the other, this duplex delivers flexibility, value, and strong potential. Property is being sold as is! Creative financing is not available.

3659 E 116th Street, Cleveland

Listing Courtesy of: Brian Evans, bevansproperties@gmail.com With Glasshouse Realty Group, LLC

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