Attention investors—both local and out of state or country! This affordable, turnkey duplex is fully occupied and offers a fantastic addition to any portfolio or a smooth start for first-time investors. This aluminum-sided property was cosmetically updated approximately five years ago and features spacious, desirable 2-bedroom units ideal for comfortable living. Each unit includes large, well-lit rooms, decorative fireplaces, and a layout that tenants love. Quality tenants are in place, and professional management can continue if preferred. Current leases are month-to-month, and there is potential to adjust rents to align with the area’s market, estimated closer to $950 per month. Owner covers water and sewer, while tenants handle gas and electric—ideal for optimizing investment returns. Situated on a quiet street. Each unit has separate furnaces and water heaters, and the full basement includes washer/dryer hookups. Proof of funds or pre-approval required before all showings with notice and an acceptable offer. Don’t miss this ready-made income property! NO WHOLESALERS
Property Details
Property Features
Property Information:
Year Built: 1915
Stories: 2
Living Area: 2,880 SqFt
Listing Office:
Office Name: Coldwell Banker Schmidt Realty
Office Phone: (216) 210-7653
Listing Agent: Christopher A Frederick
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Parking: Paved
Lot Features
Lot Information:
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Cooling: None
Other
Directions Information:
Directions: Off Rondel
Price Information
Listing Price Info
Price Summary:
List Price: $80,000
Price Per SqFt: $28/SqFt
Tax Information:
Annual Amount: $1,288
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $85K less than the Median Sold Price and $73/SqFt less than other homes in Cleveland, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #5079435
Listing Office:
Office Name: Coldwell Banker Schmidt Realty
Office Phone: (216) 210-7653
Listing Agent: Christopher A Frederick
Copyright 2024 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: 12/18/2024, 8:21:05 AM 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
Jul 24, 2019
Jul 24, 2019Home Sold
$35,000
Jul 23, 2014
Jul 23, 2014Home Sold
$22,500
Feb 20, 2013
Feb 20, 2013Home Sold
$30,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,288
$14,770
2019
$1,209
$14,780
2018
$1,205
$14,780
2017
$1,341
$15,860
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
3
/10
Mayfair Elementary School
13916 Mayfair Ave
Distance between this listing and this school1.79 miles
Public District Grades 3-5
4
/10
Oxford Elementary School
939 Quilliams Rd
Distance between this listing and this school1.94 miles
Public District Grades KG-5
4
/10
Bella Academy of Excellence
19114 Bella Dr
Distance between this listing and this school2.07 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
East Academy
15720 Kipling Ave
Distance between this listing and this school0.13 miles
Public Charter Grades KG-8
4
/10
East Clark School
885 E 146th St
Distance between this listing and this school0.59 miles
Public District Grades PK-8
3
/10
Lake Erie College Preparatory School
14405 Saint Clair Ave
Distance between this listing and this school0.73 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Collinwood High School
15210 Saint Clair Ave
Distance between this listing and this school0.39 miles
Public District Grades 9-12
3
/10
Ginn Academy
655 E 162nd St
Distance between this listing and this school0.49 miles
Public District Grades 9-12
2
/10
Shaw High School
15320 Euclid Ave
Distance between this listing and this school1.38 miles
The neighbors living near this home have an average income of $23,773. Residents of Cleveland, OH typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
This home is located at 872 Rondel Rd in Cleveland, OH and zip code 44110 in the Collinwood Nottingham neighborhood. This 2,880 square foot home, which was built in 1915, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $80,000.
In November 2024 more than 223 listings in Cleveland, OH were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 310 were sold below. In November 2024 in Cleveland, OH there were 4.7% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $165,015, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.