Fully renovated, section 8 occupied duplex offers exceptional cash flow exceeding the 1% rule with gross rent of $3,111 per month from section 8 tenants, your income is guaranteed. Situated in the west side of Cleveland in a rapidly developing area just south of Madison Avenue and north of I-90, only a few blocks from the vibrant Detroit Shoreway district. The property features two spacious units, each with 3 bedrooms and 1 bath, and is completely renovated in 2024. The home boasts a brand-new roof, all new vinyl siding, all new windows, 2 new furnaces, 2 new hot water tanks, all new plumbing and all new electrical. This home has been renovated with modern upgrades such as luxury vinyl plank (LVP) flooring in every room, the kitchens have been updated with new cabinets, granite countertops, tile backsplash and the bathrooms showcase stylish new tile and vanities. The property is as close to new construction as it gets. Located in one of Cleveland's most promising neighborhoods, this property offers incredible long-term potential and immediate returns. Don't miss out on this turnkey investment opportunity! Call the listing agent today to learn about an opportunity to have free property management for a year!!
Property Details
Property Features
Property Information:
Year Built: 1887
Stories: 2
Living Area: 2,200 SqFt
Listing Office:
Office Name: RE/MAX Above & Beyond
Office Phone: (216) 789-6736
Listing Agent: Jack Krusinski
Interior Features
Interior Information:
Appliances: Range, Refrigerator
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: No Garage, Paved
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: Off Madison Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $289,900
Price Per SqFt: $132/SqFt
Tax Information:
Annual Amount: $1,101
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $122K more than the Median Sold Price and $30/SqFt more than other homes in Cleveland, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #5092345
Listing Office:
Office Name: RE/MAX Above & Beyond
Office Phone: (216) 789-6736
Listing Agent: Jack Krusinski
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 1/9/2025, 2:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 26, 2020
Feb 26, 2020Home Sold
$55,000
Mar 14, 2019
Mar 14, 2019Home Sold
$250,000
Nov 10, 2016
Nov 10, 2016Home Sold
$15,000
Sep 27, 2006
Sep 27, 2006Home Sold
$11,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,101
$12,460
2019
$1,019
$12,460
2018
$1,016
$12,460
2017
$1,039
$12,290
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Constellation Schools: Stockyard Community Elementary School
3200 W 65th St
Distance between this listing and this school0.80 miles
Public Charter Grades KG-6
5
/10
Louisa May Alcott Elementary School
10308 Baltic Rd
Distance between this listing and this school0.94 miles
Public District Grades KG-5
7
/10
Harrison Elementary School
2080 Quail St
Distance between this listing and this school1.87 miles
Public District Grades PK-5
Nearby Schools
3
/10
Constellation Schools: Madison Community Elementary School
2015 W 95th St
Distance between this listing and this school0.35 miles
Public Charter Grades KG-8
3
/10
Village Preparatory School Willard
9401 Willard Ave
Distance between this listing and this school0.49 miles
Public Charter Grades KG-8
2
/10
Halle School
7901 Halle Ave
Distance between this listing and this school0.52 miles
Public District Grades PK-8
Nearby Schools
2
/10
Max S. Hayes High School
2211 W 65th St
Distance between this listing and this school0.71 miles
Public District Grades 9-12
3
/10
Thomas Jefferson School
3145 W 46th St
Distance between this listing and this school1.35 miles
Public District Grades PK-12
3
/10
Garrett Morgan School of Engineering & Innovation
4600 Detroit Ave
Distance between this listing and this school1.36 miles
The neighbors living near this home have an average income of $22,440. The most common annual income of people living in Cleveland, OH is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 2051 W 83rd St in Cleveland, OH and zip code 44102 in the Detroit-Shoreway neighborhood. This 2,200 square foot home, which was built in 1887, sits on a 0.13 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $289,900.
In December 2024, from all listings sold in Cleveland, OH there were more than 201 sold above asking price, over 358 sold below and more than 86 were sold right at the asked price. The inventory of homes for sale in Cleveland, OH between November 2024 and December 2024 decreased by 7.2%. While the average time on the market in December 2024 was 46 days, the median list price was $167,853.
From Rocket Homes Real Estate and based on county public records data.